116 Laguna Village Crescent, Hamilton

Price: $699,900

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: New Construction

MLS#: X12646092

This Charming 2-Story Freshly Painted Townhouse Features A Bright And Airy Open-Concept Layout, Flooded With Natural Light. The Modern Kitchen Boasts Stainless Steel Appliances And A Central Island, Perfect For Both Everyday Cooking And Entertaining. Move-In Ready, This Home Is Situated In A Peaceful Neighborhood On The Hamilton Mountain, Offering Convenient Inside Access From The Garage. Its Prime Location Puts You Close To All Amenities, Shopping Plazas, And Everything You Need For Comfortable Living.

116 Laguna Village Crescent - New Construction photo 1 of 19 in Hamilton, Ontario
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$699,900 - 116 Laguna Village Crescent, Hamilton

New Construction for Sale in Hamilton

93 days on market
3Beds
3Baths
1,500 - 1,999Sq Ft
New Construction
Property Details
MLS Number
X12646092
Property Type
New Construction
Status
active
Days on Site
93
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Hamilton
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Description

This Charming 2-Story Freshly Painted Townhouse Features A Bright And Airy Open-Concept Layout, Flooded With Natural Light. The Modern Kitchen Boasts Stainless Steel Appliances And A Central Island, Perfect For Both Everyday Cooking And Entertaining. Move-In Ready, This Home Is Situated In A Peaceful Neighborhood On The Hamilton Mountain, Offering Convenient Inside Access From The Garage. Its Prime Location Puts You Close To All Amenities, Shopping Plazas, And Everything You Need For Comfortable Living.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,590.85/mo

Includes CMHC insurance ($19,527)

$
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5%10%50%

5-yr fixed avg.

Principal: $629,910Interest: $427,818
Mortgage Amount$649,437
Total Interest$427,818
Est. Property Tax$496/mo
Total Cost$1,077,255

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

116 Laguna Village Crescent, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$496
Insurance (est.)-$146
Net Cash Flow+$2,158

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 $467/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 93 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.

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.

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 $2,916 (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.

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