1 PARKWAY Place, Hamilton

Price: $1,269,000

5 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: X12960496

Welcome to this beautifully renovated 4+1-bedroom, 3.5-bathroom home, thoughtfully updated from top to bottom by a professional contractor. Tucked away on a quiet cul-de-sac in one of Dundas' most sought-after neighbourhoods, this exceptional property blends modern design with everyday functionality, making it ideal for families and multi-generational living.The main and upper levels feature stunning hardwood flooring throughout, complemented by brand new wood stairs that add warmth and elegance. The heart of the home is the fully renovated kitchen, designed with both style and practicality in mind. Enjoy Quartz countertops, soft-close cabinetry and drawers, and an impressive suite of Bosch appliances including fridge, gas stove, drawer microwave, dishwasher, and range hood. A gas line for the stove and an additional gas line for the backyard BBQ provide added convenience for cooking and entertaining. The kitchen also offers abundant storage space, ensuring everything has its place.Upstairs, you'll find spacious bedrooms, including walk-in closets that provide excellent organization and storage solutions. The versatile lower-level in-law suite offers incredible flexibility for extended family, guests, or potential income, complete with a beautifully finished bathroom featuring heated floors for added comfort.Step outside to enjoy the private backyard, highlighted by a durable concrete patio-perfect for relaxing or entertaining outdoors.Ideally located close to the hospital, top-rated schools, parks, and everyday amenities, this move-in-ready home offers the perfect balance of luxury, comfort, and convenience in a highly desirable Dundas location.

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$1,269,000 - 1 PARKWAY Place, Hamilton

Detached for Sale in Hamilton

73 days on market
5Beds
4Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
X12960496
Property Type
Detached
Status
active
Days on Site
73
Bedrooms
5
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Hamilton
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

Welcome to this beautifully renovated 4+1-bedroom, 3.5-bathroom home, thoughtfully updated from top to bottom by a professional contractor. Tucked away on a quiet cul-de-sac in one of Dundas' most sought-after neighbourhoods, this exceptional property blends modern design with everyday functionality, making it ideal for families and multi-generational living.The main and upper levels feature stunning hardwood flooring throughout, complemented by brand new wood stairs that add warmth and elegance. The heart of the home is the fully renovated kitchen, designed with both style and practicality in mind. Enjoy Quartz countertops, soft-close cabinetry and drawers, and an impressive suite of Bosch appliances including fridge, gas stove, drawer microwave, dishwasher, and range hood. A gas line for the stove and an additional gas line for the backyard BBQ provide added convenience for cooking and entertaining. The kitchen also offers abundant storage space, ensuring everything has its place.Upstairs, you'll find spacious bedrooms, including walk-in closets that provide excellent organization and storage solutions. The versatile lower-level in-law suite offers incredible flexibility for extended family, guests, or potential income, complete with a beautifully finished bathroom featuring heated floors for added comfort.Step outside to enjoy the private backyard, highlighted by a durable concrete patio-perfect for relaxing or entertaining outdoors.Ideally located close to the hospital, top-rated schools, parks, and everyday amenities, this move-in-ready home offers the perfect balance of luxury, comfort, and convenience in a highly desirable Dundas location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,613.22/mo

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5-yr fixed avg.

Principal: $1,015,200Interest: $668,765
Mortgage Amount$1,015,200
Total Interest$668,765
Est. Property Tax$899/mo
Total Cost$1,683,965

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.

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Neighbourhood Guide: Hamilton

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

1 PARKWAY Place, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$899
Insurance (est.)-$264
Net Cash Flow+$2,537

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $635/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 73 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.

Detached Home Advantages

Detached homes in Hamilton are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Hamilton.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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 $5,288 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    1 PARKWAY Place, Hamilton | $1,269,000 | Battaglia Team