589 Glover Road, Hamilton, ON

Rural Glanbrook, Hamilton · MLS® X13810172

$819,999
For Sale
Listed 1 day agoNo offer date stated
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3+1Bedrooms
1Bathrooms
2Garage · 12 parking
1100-1500Sq ft

About this home

In short

  • Space, versatility, and opportunity await at 589 Glover Road.
  • Situated on over 2 acres of property in the desirable Glanbrook area, this home is perfect for those looking for room to grow, work, and play.
  • The property also features a detached garage, an inground pool, and a hot tub, creating the perfect balance between work and relaxation.

Space, versatility, and opportunity await at 589 Glover Road! Situated on over 2 acres of property in the desirable Glanbrook area, this home is perfect for those looking for room to grow, work, and play. Whether you're a mechanic, contractor, woodworker, hobbyist, or simply someone who needs extra space, the massive, heated workshop is a rare find and offers endless possibilities year-round. The property also features a detached garage, an inground pool, and a hot tub, creating the perfect balance between work and relaxation. Inside, the home offers a flexible layout with potential for an in-law suite, making it ideal for multi-generational living or those seeking additional living space. Bring your vision and make this property your own. With ample parking, plenty of outdoor space, and sought-after features that are hard to find, this is a unique opportunity you won't want to miss.

Key facts

Property type
Detached, Bungalow
MLS®
X13810172
Bedrooms
3+1 (4 total)
Bathrooms
1
Size
1100-1500 sq ft
Lot
88.33 × 621.7 ft
Cross streets
Rymal Road E
Parking
2 garage · 12 parking (detached)
Driveway
Front Yard Parking, Private Double
Basement
Full, Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Block
Roof
Asphalt Shingle
Sewer
Septic
Pool
Inground
Property tax
$5,704 / 2025
Days on market
1
Listing brokerage
RE/MAX ESCARPMENT FRANK REALTY

Rooms

Living RoomMain5.27 × 3.74 m
OtherBasement5.97 × 2.83 m
Primary BedroomMain3.65 × 4.02 m
BedroomMain2.77 × 2.86 m
BathroomMain0.00 × 0.00 m

4 Pc Bath

BedroomBasement3.81 × 3.38 m
Family RoomMain5.82 × 3.68 m
BedroomMain2.80 × 4.05 m
OtherBasement10.30 × 7.77 m
Dining RoomMain1.95 × 2.83 m
KitchenMain3.16 × 2.83 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$795Klikely sale price

Listed at $819,999. 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 $795K, if it sells. A realistic range is $745K to $896K.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% above the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: the home's condition, or an asking price set as a starting point for offers.

List price
$745KBelow recent closings$896KAbove recent closings

Total price vs nearby homes. Likely closing about $795K, from 25 recent closings in this pocket.

The market behind the math:

25sold nearby · 90 days
$880Kmedian sold price
94%of asking, on average
−11%prices vs a year ago
~40 dayshomes like this take to sell
1days on market so far
$2,390/moest. rent · 16 leases
3.5%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.2 months of inventory: 10 detached homes for sale in the area against 25 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $631/sqft against an area asking average of $724/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 $825K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
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.

What sellers nearby are askingCurrently listed nearby in Rural Glanbrook · asking prices
$891kavg asking

Nothing 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 $1.10M, which is where my estimate comes from.

Per square foot, these ask about $736/sqft; this home lists at $631/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
820kThis home800k880k825k1.06MThis home vs active comparables

Neighbourhood & location

Rural Glanbrook, 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.

Stoney Creek Mountain
$872K
Raleigh
$500K
Delta
$700K
Crown Point
$470K
Gibson
$600K

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
$3,737/mo
$162KIncome needed
5.1×Price ÷ income
$862Weekly cost
$12,875Land transfer tax, one-time (Ontario)
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 $3,737Property tax $475Total carry $4,213

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%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,591per month

Mortgage amount $655,999 · 4.39% over 25 years

$164,000Down payment (20.0%)
$655,999Loan before insurance
$0CMHC premium
$4,066Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,591
Property tax
$475
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,066

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

One-time closing costs

Ontario land transfer tax
$12,875
Estimated closing costs
$12,875

Plus your down payment of $164,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$4,350/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

$421,232Total interest paid
$1,077,231Total of all payments
Principal $655,999 Interest $421,232
YearPrincipalInterestBalance
1$14,844$28,245$641,155
2$15,503$27,586$625,651
3$16,191$26,898$609,460
4$16,910$26,179$592,550
5$17,660$25,429$574,890
6$18,444$24,645$556,446
7$19,263$23,826$537,183
8$20,118$22,972$517,065
9$21,011$22,079$496,054
10$21,943$21,146$474,111
11$22,917$20,172$451,194
12$23,934$19,155$427,260
13$24,996$18,093$402,264
14$26,106$16,984$376,158
15$27,264$15,825$348,894
16$28,474$14,615$320,420
17$29,738$13,351$290,681
18$31,058$12,031$259,624
19$32,436$10,653$227,187
20$33,876$9,213$193,311
21$35,379$7,710$157,932
22$36,950$6,140$120,982
23$38,589$4,500$82,393
24$40,302$2,787$42,091
25$42,091$998$0

At the end of your 5-year term

Total paid over the term
$215,446
Principal paid down
$81,109
Interest paid
$134,337
Balance remaining
$574,890

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
From 16 whole-home leases in Rural Glanbrook$2,390/mo
$28,680Gross annual rent
2.2%Cap rate after taxes and upkeep
$2,246 to $2,514Typical rent range

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

Talk about the numbers

The last 16 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 $2,390. 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.

3.5%
Gross yield
− Property tax $5,704− Insurance $1,400− Vacancy & upkeep $3,155Net operating income $18,421

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

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