59-880 Limeridge Road, Hamilton, ON

Berrisfield, Hamilton · MLS® X13823424

$469,000
For Sale
Listed 21 days agoNo offer date stated
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3Bedrooms
2Bathrooms
1Garage · 2 parking
1200-1399Sq ft

About this home

In short

  • Welcome to 59-880 Limeridge Road East, a spacious 3-bedroom, 2-bathroom townhome offering a functional layout and plenty of room for everyday living.
  • The finished basement adds valuable additional living space with a rec room and second bathroom, perfect for movie nights, a playroom, home gym, or guest space.
  • Conveniently located on Hamilton's East Mountain, close to Limeridge Mall, schools, parks, public transit, shopping, restaurants, and everyday amenities, with easy...

Welcome to 59-880 Limeridge Road East, a spacious 3-bedroom, 2-bathroom townhome offering a functional layout and plenty of room for everyday living. The main level provides comfortable living and dining space, while three well-sized bedrooms offer flexibility for families, first-time buyers, or those needing a home office. The finished basement adds valuable additional living space with a rec room and second bathroom, perfect for movie nights, a playroom, home gym, or guest space. Conveniently located on Hamilton's East Mountain, close to Limeridge Mall, schools, parks, public transit, shopping, restaurants, and everyday amenities, with easy access to the Lincoln Alexander Parkway for commuters. A great opportunity to make this well-located townhome your own!

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
X13823424
Bedrooms
3
Bathrooms
2
Size
1200-1399 sq ft
Cross streets
Upper Ottawa St & Limeridge Rd E
Parking
1 garage · 2 parking (carport)
Basement
Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Other
Foundation
Poured Concrete
Roof
Asphalt Shingle
Maintenance
$595/mo
Exposure
South
Property tax
$2,771 / 2026
Days on market
21
Listing brokerage
REAL BROKER ONTARIO LTD.
Our TakeTeam Asgarian · Broker
Ask and recent sales differ
$589Kautomated estimate, from recent sales

Listed at $469,000, about 20% below our estimate of $589K (homes like it typically land between $548K and $619K).

List price
$469KBelow our range$619KAbove our range

Total price vs nearby homes. Fair value about $589K, learned from recent GTA sales.

The market behind the math:

21days on market so far
This home
Below area avgAbove area avg

Price per square foot: this home lists at $361/sqft against an area asking average of $444/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 and this building.

It never sees the asking price. The 6 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $476K. Condition and finishes remain an in-person call.

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
  • 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 Berrisfield, so I widened the search to the surrounding area.

Based on 6 comparable homes that sold in Berrisfield over the past two years, from 6 closings there.

What sellers nearby are askingCurrently listed nearby · asking prices
$466kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo townhouse listings on the market. Homes like this one have recently closed around $589K, which is where my estimate comes from.

Per square foot, these ask about $397/sqft; this home lists at $361/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
469kThis home418k460k520k489k445kThis home vs active comparables

Sold price trend

Median sold price for condo townhouses in Hamilton: $545K in September 2026, down 7% from a year ago, on 430 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$555K40
November 2025$620K35
December 2025$525K21
January 2026$587K29
February 2026$588K28
March 2026$545K38
April 2026$615K36
May 2026$595K47
June 2026$551K44
July 2026$547K44
August 2026$533K34
September 2026$545K34

Neighbourhood & location

Berrisfield, 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.

Quinndale
$464K
Templemead
$430K
Stoney Creek Mountain
$616K
Vincent
$477K
McQuesten
$533K

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
$2,138/mo
$104KIncome needed
4.5×Price ÷ income
$493Weekly cost
$5,855Land 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.

72%mortgage
Mortgage $2,138Property tax $231Condo fee $595Total carry $2,963

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 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,075per month

Mortgage amount $375,200 · 4.49% over 25 years

$93,800Down payment (20.0%)
$375,200Loan before insurance
$0CMHC premium
$2,900Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,075
Property tax
$231
Condo / maintenance fees
$595
Heating
$0
Estimated monthly cost
$2,900

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

One-time closing costs

Ontario land transfer tax
$5,855
Estimated closing costs
$5,855

Plus your down payment of $93,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,511/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

$247,164Total interest paid
$622,364Total of all payments
Principal $375,200 Interest $247,164
YearPrincipalInterestBalance
1$8,373$16,522$366,827
2$8,753$16,142$358,074
3$9,150$15,744$348,924
4$9,566$15,329$339,358
5$10,000$14,894$329,357
6$10,454$14,440$318,903
7$10,929$13,966$307,974
8$11,425$13,469$296,549
9$11,944$12,951$284,605
10$12,486$12,408$272,119
11$13,053$11,841$259,066
12$13,646$11,249$245,420
13$14,265$10,629$231,154
14$14,913$9,981$216,241
15$15,590$9,304$200,651
16$16,298$8,596$184,353
17$17,038$7,856$167,315
18$17,812$7,083$149,503
19$18,620$6,274$130,883
20$19,466$5,429$111,417
21$20,350$4,545$91,067
22$21,274$3,621$69,794
23$22,240$2,655$47,554
24$23,249$1,645$24,305
25$24,305$590$0

At the end of your 5-year term

Total paid over the term
$124,473
Principal paid down
$45,843
Interest paid
$78,630
Balance remaining
$329,357

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$4,100/mo
$49,200Gross annual rent
7.1%Cap rate after taxes and upkeep

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.

10.5%
Gross yield
− Property tax $2,771− Condo fees $7,140− Insurance $600− Vacancy & upkeep $5,412Net operating income $33,277

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REAL BROKER ONTARIO LTD.. MLS®/PropTx.

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