1085 Concession 10 Road Unit Lot N, Hamilton

Price: $429,000

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: X12640432

This lovely brand new bungalow built by Fairmont Homes, known as the Freelton Model features 3 beds, 2 baths and over 1300sqft of living space. Situated in the year round land lease community, Rocky Ridge Estates which is conveniently located just off Highway 6 on a quiet side road. Enjoy an easy going lifestyle in this tranquil rural setting while still easily accessing major commuting routes and major centers. Just 8 minutes south of the 401. Enjoy the open concept floor plan which features vinyl flooring throughout, large living and dining area with large windows, a primary 4pc ensuite and separate laundry room. This is the perfect investment for the downsizers or first time home buyers to get into the market at an affordable price! Location may be listed in Freelton. Taxes not yet assessed. Images are of the Model home. Renderings and floor plans are artist concepts only and derived from builder plans.

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$429,000 - 1085 Concession 10 Road Unit Lot N, Hamilton

Condo for Sale in Hamilton

137 days on market
3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
X12640432
Property Type
Condo
Status
active
Days on Site
137
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Hamilton
Locker
None
Exposure
East West
Balcony
None
Listing Brokerage
RE/MAX TWIN CITY REALTY INC.
Description

This lovely brand new bungalow built by Fairmont Homes, known as the Freelton Model features 3 beds, 2 baths and over 1300sqft of living space. Situated in the year round land lease community, Rocky Ridge Estates which is conveniently located just off Highway 6 on a quiet side road. Enjoy an easy going lifestyle in this tranquil rural setting while still easily accessing major commuting routes and major centers. Just 8 minutes south of the 401. Enjoy the open concept floor plan which features vinyl flooring throughout, large living and dining area with large windows, a primary 4pc ensuite and separate laundry room. This is the perfect investment for the downsizers or first time home buyers to get into the market at an affordable price! Location may be listed in Freelton. Taxes not yet assessed. Images are of the Model home. Renderings and floor plans are artist concepts only and derived from builder plans.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,200.99/mo

Includes CMHC insurance ($11,969)

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5-yr fixed avg.

Principal: $386,100Interest: $262,229
Mortgage Amount$398,069
Total Interest$262,229
Est. Property Tax$304/mo
Total Cost$660,298

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

1085 Concession 10 Road Unit Lot N, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
4.9%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$304
Insurance (est.)-$89
Net Cash Flow+$1,747

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 $358/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 137 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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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.

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    1085 Concession 10 Road Unit Lo… — $429,000 | Battaglia Team