48 Avatar Place, Hamilton, ON

Mount Hope, Hamilton · MLS® X13821708

$780,000
For Sale
Listed 23 days agoNo offer date stated
Request a showing
◎ Directions
3Bedrooms
3Bathrooms
2Garage · 6 parking
1500-2000Sq ft

About this home

In short

  • Welcome To This Beautifully Updated 3-Bedroom, 3-Bathroom Home In A Desirable Hamilton Neighbourhood.
  • Featuring A Fully Renovated Kitchen With Elegant Quartz Countertops, Freshly Painted Interiors, And A Durable Metal Roof (2022).
  • Hardwood Flooring Throughout The Main Floor, Second-Floor Hallway And Primary Bedroom Adds Warmth And Style.
  • No Sidewalk, 4 Driveway Parking Spaces And No Rental Items.
  • Conveniently Located Close To Shopping, Schools, Parks, Public Transit And Major Commuter Routes.

Welcome To This Beautifully Updated 3-Bedroom, 3-Bathroom Home In A Desirable Hamilton Neighbourhood! Featuring A Fully Renovated Kitchen With Elegant Quartz Countertops, Freshly Painted Interiors, And A Durable Metal Roof (2022). Hardwood Flooring Throughout The Main Floor, Second-Floor Hallway And Primary Bedroom Adds Warmth And Style. Enjoy A Carpet-Free Interior, Along With Second-Floor Laundry Hookups For Added Convenience. The Kitchen Offers A Walk-Out To A Spacious Deck, Perfect For Outdoor Dining, Relaxing And Entertaining. The Backyard Features A Concrete Patio Area, Ideal For Outdoor Enjoyment. The Basement Features A Convenient Walk-Out Entrance, Offering Potential For Future Use. No Sidewalk, 4 Driveway Parking Spaces And No Rental Items! Conveniently Located Close To Shopping, Schools, Parks, Public Transit And Major Commuter Routes. A Fantastic Opportunity For Families Seeking Comfort, Convenience And Move-In-Ready Living! Select photos have been virtually staged.

Key facts

Property type
Detached, 2-Storey
MLS®
X13821708
Bedrooms
3
Bathrooms
3 (1 half)
Size
1500-2000 sq ft
Lot
33.21 × 98.7 ft
Cross streets
Stoneglen Way/Avatar Place
Parking
2 garage · 6 parking (attached)
Driveway
Available
Basement
Full, Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Metal
Sewer
Sewer
Property tax
$5,061 / 2026
Days on market
23
Listing brokerage
HOMELIFE/FUTURE REALTY INC.
Our TakeTeam Asgarian · Broker
A small discount is typical
$752Klikely sale price

Listed at $780,000. Going by how homes in Mount Hope and the wider GTA have actually closed against their asking prices (about 96%, 9 local closings in 90 days), the likely sale price is near $752K, if it sells. A realistic range is $705K to $847K.

Independent value check: $1.01M. Without looking at the asking price, our model values the home itself about 29% above the ask (homes like it typically land between $943K and $1.05M).

List price
$705KBelow recent closings$847KAbove recent closings

Total price vs nearby homes. Likely closing about $752K, from 9 recent closings in this pocket.

The market behind the math:

9sold nearby · 90 days
$838Kmedian sold price
94%of asking, on average
−3%prices vs a year ago
~47 dayshomes like this take to sell
23days on market so far
$2,628/moest. rent · 10 leases
4.0%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.7 months of inventory: 5 detached homes for sale in the area against 9 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 $446/sqft against an area asking average of $589/sqft.

  • Walk-out basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
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 9 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $813K. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

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

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal

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

Based on 9 comparable homes that sold in Mount Hope over the past two years, from 65 closings there.

What sellers nearby are askingCurrently listed nearby in Mount Hope · asking prices
$903kavg 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 $1.01M, which is where my estimate comes from.

Per square foot, these ask about $435/sqft; this home lists at $446/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
780kThis home800k870k1.04MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Hamilton: $706K in September 2026, level with a year ago, on 3,218 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Hamilton as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$744K287
November 2025$760K276
December 2025$675K195
January 2026$720K187
February 2026$728K198
March 2026$725K258
April 2026$758K320
May 2026$775K354
June 2026$737K331
July 2026$750K311
August 2026$740K262
September 2026$706K239

Neighbourhood & location

Mount Hope, 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.

Binbrook
$990K
Ancaster
$1.14M
Stoney Creek Mountain
$950K
Westdale
$929K
Delta
$660K

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
$3,555/mo
$153KIncome needed
5.1×Price ÷ income
$820Weekly cost
$12,075Land 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 $3,555Property tax $422Total carry $3,977

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,450per month

Mortgage amount $624,000 · 4.49% over 25 years

$156,000Down payment (20.0%)
$624,000Loan before insurance
$0CMHC premium
$3,872Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,450
Property tax
$422
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,872

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

One-time closing costs

Ontario land transfer tax
$12,075
Estimated closing costs
$12,075

Plus your down payment of $156,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,176/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

$411,061Total interest paid
$1,035,061Total of all payments
Principal $624,000 Interest $411,061
YearPrincipalInterestBalance
1$13,925$27,477$610,075
2$14,557$26,845$595,518
3$15,218$26,184$580,299
4$15,909$25,493$564,390
5$16,632$24,771$547,759
6$17,387$24,016$530,372
7$18,176$23,226$512,196
8$19,001$22,401$493,195
9$19,864$21,538$473,330
10$20,766$20,636$452,564
11$21,709$19,694$430,856
12$22,695$18,708$408,161
13$23,725$17,677$384,436
14$24,802$16,600$359,634
15$25,928$15,474$333,705
16$27,106$14,297$306,600
17$28,336$13,066$278,264
18$29,623$11,780$248,641
19$30,968$10,435$217,673
20$32,374$9,029$185,299
21$33,844$7,559$151,455
22$35,380$6,022$116,075
23$36,987$4,416$79,088
24$38,666$2,736$40,422
25$40,422$981$0

At the end of your 5-year term

Total paid over the term
$207,012
Principal paid down
$76,241
Interest paid
$130,771
Balance remaining
$547,759

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 10 whole-home leases in Mount Hope$2,628/mo
$31,536Gross annual rent
2.8%Cap rate after taxes and upkeep
$2,418 to $2,838Typical rent range

About the suite: in Mount Hope basements rarely rent out (4 of 22 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.

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 10 whole-home leases in Mount Hope signed at a median of $3,009 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,628. 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.

4.0%
Gross yield
− Property tax $5,061− Insurance $1,400− Vacancy & upkeep $3,469Net operating income $21,606

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE/FUTURE REALTY INC.. MLS®/PropTx.

CallRequest a showing