$524,000 - 11 Priscilla Lane, Hamilton
Condo for Sale in Hamilton
35 days on market- MLS Number
- X13107488
- Property Type
- Condo
- Status
- active
- Days on Site
- 35
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,400 sqft
- Neighbourhood
- Hamilton
- Locker
- None
- Exposure
- West
- Balcony
- None
- Listing Brokerage
- RE/MAX EXCELLENCE REAL ESTATE
Spacious 4-bedroom end-unit condo townhouse in a desirable, family-friendly neighbourhood. This well-laid-out home features separate living, dining, and family areas, offering plenty of space for comfortable living. Backing onto a park with no homes directly in front, the property provides added privacy and a more open feel.Enjoy a private backyard with a separate rear entrance, creating excellent flexibility for families and investors. Conveniently located within walking distance to bus stops, schools, shopping, temple, and everyday amenities, with quick access to the highway and nearby beach area. Strong rental potential of $4,000+ per month. A great opportunity for end-users or investors.
Estimate your monthly payments for this property
Estimated Payment
$2,688.39/mo
Includes CMHC insurance ($14,620)
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.
11 Priscilla Lane, Hamilton
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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 $374/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.
Market Position
At 35 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
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 3 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 $2,183 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.