$699,900 - 1 Monsignor Henkey Terrace, Hamilton
Condo for Sale in Hamilton
134 days on market- MLS Number
- X12495590
- Property Type
- Condo
- Status
- active
- Days on Site
- 134
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Hamilton
- Locker
- None
- Exposure
- North
- Balcony
- None
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
Welcome to St. Elizabeth Village, a sought after gated 55+ community offering resort style living. This beautifully renovated corner unit bungalow has been updated from top to bottom and is move in ready. Situated with a rare pond view, the home also includes a garage and private parking. Inside, you will find 2 bedrooms and 1.5 bathrooms. The primary bedroom features its own walk in closet and ensuite with a walk in shower complete with grab bars and a rainfall shower faucet, making it ideal for comfort and accessibility. The open concept kitchen flows seamlessly into the dining and living room where vaulted ceilings and expansive windows fill the space with natural light and provide serene views of the private greenspace. The Village offers an unmatched lifestyle with endless amenities just a short walk away. Residents can enjoy a heated indoor pool, gym, saunas, hot tub and golf simulator. Creative pursuits await at the woodworking and stained glass shops, while essential services such as a doctor's office, pharmacy and massage clinic are right on site. Just minutes from grocery stores, shopping, restaurants and public transit with direct service into the Village, this location offers both convenience and community. This home is the perfect combination of modern finishes, thoughtful design and a vibrant lifestyle setting.
Estimate your monthly payments for this property
Estimated Payment
$3,590.85/mo
Includes CMHC insurance ($19,527)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Hamilton
Hamilton is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Hamilton
- •Convenient location in Hamilton
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Hamilton offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1 Monsignor Henkey Terrace, Hamilton
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $583/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 134 days on site, this property has exceeded the typical selling timeline for Hamilton. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Investment Perspective
Looking at this as an investment: Hamilton properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,916 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.