111 Festival Way, Hamilton, ON
Rural Glanbrook, Hamilton · MLS® X13719538
About this home
In short
- Beautifully maintained 3-bedroom, 3-bathroom detached home with a professionally finished basement, built in 2019.
- Offering nearly 2,500 sq. ft. of thoughtfully designed living space, this home combines modern style with everyday family comfort.
- Inside, the bright and spacious main floor features 9-foot ceilings, rich oak hardwood and ceramic tile flooring, and an open-concept layout ideal for entertaining.
- The spacious primary has ensuite with double vanity and a walk-in shower.
- The builder-finished basement adds valuable additional living space, perfect for a growing family , recreation area, and/or home office.
Beautifully maintained 3-bedroom, 3-bathroom detached home with a professionally finished basement, built in 2019. Offering nearly 2,500 sq. ft. of thoughtfully designed living space, this home combines modern style with everyday family comfort. From the curb, the upgraded exterior elevation and double asphalt driveway and double garage, create an inviting first impression. Inside, the bright and spacious main floor features 9-foot ceilings, rich oak hardwood and ceramic tile flooring, and an open-concept layout ideal for entertaining. Featuring custom blinds the welcoming living room is centered around a cozy gas fireplace and complemented by sleek built-in cabinetry. The oak kitchen and dining area offer both function and elegance, complete with a breakfast bar for casual meals and patio access leading to the backyard. Inside entry from the garage to the mud/laundry rm and guest bath, complete this level. Upstairs, you'll find three generously sized bedrooms, each with elegant custom blinds and its own walk-in closet, providing exceptional storage space. The spacious primary has ensuite with double vanity and a walk-in shower. The main bath services the two other bedrooms. The builder-finished basement adds valuable additional living space, perfect for a growing family , recreation area, and/or home office. Outside, enjoy the open backyard - ideal for relaxing or family playtime. Located in one of Binbrook's most desirable family-friendly neighbourhood, this exceptional home is just minutes from schools, parks, and shopping amenities. Make this YOUR home! RS
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- X13719538
- Bedrooms
- 3
- Bathrooms
- 2 (1 half)
- Size
- 1500-2000 sq ft
- Lot
- 33.27 × 105.97 ft
- Cross streets
- PUMPKIN PASS TO BLUE RIBBON WAY TO FESTIVAL WAY
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Private Double
- Basement
- Full, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Vinyl Siding
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,777 / 2026
- Days on market
- 26
- Listing brokerage
- ROYAL LEPAGE STATE REALTY
Rooms
4 Pc Ensuite
2 Pc Bath
4 Pc Bath
Listed at $829,900. Going by how homes in Rural Glanbrook and the wider GTA have actually closed against their asking prices (about 97%, 25 local closings in 90 days), the likely sale price is near $805K, if it sells. A realistic range is $754K to $907K.
Independent value check: $983K. Without looking at the asking price, our model values the home itself about 18% above the ask (homes like it typically land between $921K and $1.03M).
Total price vs nearby homes. Likely closing about $805K, from 25 recent closings in this pocket.
The market behind the math:
About 0.8 months of inventory: 7 detached homes for sale in the area against 25 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $474/sqft against an area asking average of $667/sqft.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 25 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $863K. Condition and finishes remain an in-person call.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Primary suite: a key comfort and resale feature. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Rural Glanbrook, so I widened the search to the surrounding area.
Based on 25 comparable homes that sold in Rural Glanbrook over the past two years, from 192 closings there.
For sale
For sale
For sale
For sale
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For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $983K, which is where my estimate comes from.
Per square foot, these ask about $533/sqft; this home lists at $474/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Rural Glanbrook, Hamilton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Hamilton.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 23, 2026); conventional rates run a little higher.
Mortgage amount $663,920 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,634
- Property tax
- $481
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,116
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $13,073
- Estimated closing costs
- $13,073
Plus your down payment of $165,980. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $218,048
- Principal paid down
- $82,089
- Interest paid
- $135,959
- Balance remaining
- $581,831
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 10 whole-home leases in Rural Glanbrook signed at a median of $3,447 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,762. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE STATE REALTY. MLS®/PropTx.