178 Carlisle Road, Hamilton, ON

Carlisle, Hamilton · MLS® X13729682

$1,099,000
For Sale
Just listed today
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4Bedrooms
3Bathrooms
2Garage · 14 parking
1500-2000Sq Ft

About this home

Spacious Carlisle Bungalow in move in condition! Set on a generous 100 ' x 150' property with a large covered deck, fire pit and parking for up to 14 vehicles, this home offers plenty of space inside and out. The large updated kitchen features abundant cabinetry, a centre island and room for family gatherings. A bright main-floor family room with numerous windows overlooks the backyard, while the separate living/dining area provides additional entertaining space. The primary bedroom includes an ensuite, and double closet, a second bedroom and full bath are also on the main level. The finished basement offers a large recreation room, 3-piece bath plus 2 additional bedrooms . Double garage and a peaceful Carlisle setting with no rear neighbours and wide-open views for privacy and outdoor living. Metal Roof is Approx. 4 years old. Virtual staging has been used in some pictures

Key facts

Property type
Detached, Bungalow
MLS®
X13729682
Bedrooms
4 (2 + 2)
Bathrooms
3
Size
1500-2000
Lot
100 × 150 ft
Cross streets
Centre Rd. & Carlisle
Parking
2 garage · 14 parking (attached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Foundation
Concrete Block
Roof
Metal
Sewer
Septic
Property tax
$7,600 / 2025
Listing brokerage
RE/MAX ABOUTOWNE REALTY CORP.
Our TakeTeam Asgarian · Broker
Room to negotiate
$851Kest. value

Listed at $1,099,000. My estimate lands at $851K. The ask is about 29% ahead of that, which usually means the seller is pricing in the finishes, the lot, or simply room to negotiate. Worth a close look at what justifies it before you offer.

One thing to square: the homes for sale nearby are asking more than this one. My estimate is built on adjusted comparables, and around here sellers have been asking more than buyers end up paying. So this can be the least expensive home on the street and still be priced ahead of where sales actually land.

List price
$807KBelow asking range$1.10MAbove asking range

Total price vs nearby homes. Fair value about $851K, median of 6 comparables.

The market behind the math:

This home
Below area avgAbove area avg

Price per square foot: this home lists at $628/sqft against an area asking average of $806/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

I take the 6 most comparable recent listings nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single listing.

It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.11M, higher than the comparables and worth a second look.

What the listing highlights2 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
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($628/sqft) is below the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Carlisle, so I widened the search to the surrounding area.

Based on 6 comparable homes nearby.

What sellers nearby are askingCurrently listed nearby in Carlisle · asking prices
$1.19Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

1416 Progreston Road $578/sqft$1.30M25 Bannisdale Way $845/sqft$1.10M296 Progreston Road $908/sqft$1.18M

Per square foot, these ask about $777/sqft; this home lists at $628/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.10MThis home1.30M1.10M1.18MThis home vs active comparables

Neighbourhood & location

Carlisle, Hamilton, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Waterdown
$1.04M
Gibson
$483K
Ancaster
$1.32M
Stipley
$512K
St. Clair
$550K

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

Affordability
$5,009/mo
$215KIncome needed
5.1×Price ÷ income
$1,156Weekly cost
20% down4.79%25-yr amortization

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.

89%mortgage
Mortgage $5,009Property tax $633Total carry $5,642

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

$
20.0%
$
%
4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 1, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,740per month

Mortgage amount $879,200 · 4.24% over 25 years

$219,800Down payment (20.0%)
$879,200Loan before insurance
$0CMHC premium
$5,373Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,740
Property tax
$633
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,373

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$18,455
Estimated closing costs
$18,455

Plus your down payment of $219,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$5,751/monthPayment at the qualifying rate

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

$542,760Total interest paid
$1,421,960Total of all payments
Principal $879,200 Interest $542,760
YearPrincipalInterestBalance
1$20,314$36,565$858,886
2$21,184$35,694$837,702
3$22,092$34,786$815,610
4$23,039$33,840$792,572
5$24,026$32,853$768,546
6$25,055$31,823$743,491
7$26,129$30,750$717,362
8$27,248$29,630$690,113
9$28,416$28,462$661,697
10$29,634$27,245$632,064
11$30,903$25,975$601,160
12$32,228$24,651$568,933
13$33,609$23,270$535,324
14$35,049$21,830$500,276
15$36,550$20,328$463,725
16$38,117$18,762$425,609
17$39,750$17,128$385,859
18$41,453$15,425$344,405
19$43,229$13,649$301,176
20$45,082$11,797$256,094
21$47,013$9,865$209,081
22$49,028$7,850$160,053
23$51,129$5,750$108,924
24$53,320$3,559$55,604
25$55,604$1,274$0

At the end of your 5-year term

Total paid over the term
$284,392
Principal paid down
$110,654
Interest paid
$173,738
Balance remaining
$768,546

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.

Let's connect

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

Rental yield
Estimate$3,150/mo
$37,800Gross annual rent
2.2%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.4%
Gross yield
− Property tax $7,600− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $24,642

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ABOUTOWNE REALTY CORP.. MLS®/PropTx.

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