122 Green Cedar Drive, Hamilton

Price: $719,900

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13161490

Welcome to this well-maintained detached bungalow ideally situated on the Hamilton Mountain, just moments from Upper Paradise Road and the Lincoln M. Alexander Parkway, offering exceptional convenience for commuters. Set on a desirable corner lot with an impressive 109 ft depth, this original bungalow presents a fantastic opportunity for families, downsizers, or those looking to enter the market in a sought-after neighbourhood. The home features a functional layout designed for comfortable everyday living, complemented by an attached garage and ample outdoor space with great potential. The fully finished basement with a separate entrance adds versatility, offering additional living space ideal for extended family or potential in-law use. Located in a family-friendly community, you'll appreciate the close proximity to two elementary schools, parks, shopping, and a full range of everyday amenities. A solid home in a prime location, offering both value and opportunity.

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$719,900 - 122 Green Cedar Drive, Hamilton

Detached for Sale in Hamilton

4Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13161490
Property Type
Detached
Status
active
Days on Site
25
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Hamilton
Listing Brokerage
REAL BROKER ONTARIO LTD.
Description

Welcome to this well-maintained detached bungalow ideally situated on the Hamilton Mountain, just moments from Upper Paradise Road and the Lincoln M. Alexander Parkway, offering exceptional convenience for commuters. Set on a desirable corner lot with an impressive 109 ft depth, this original bungalow presents a fantastic opportunity for families, downsizers, or those looking to enter the market in a sought-after neighbourhood. The home features a functional layout designed for comfortable everyday living, complemented by an attached garage and ample outdoor space with great potential. The fully finished basement with a separate entrance adds versatility, offering additional living space ideal for extended family or potential in-law use. Located in a family-friendly community, you'll appreciate the close proximity to two elementary schools, parks, shopping, and a full range of everyday amenities. A solid home in a prime location, offering both value and opportunity.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,693.46/mo

Includes CMHC insurance ($20,085)

$
$
5%10%50%

5-yr fixed avg.

Principal: $647,910Interest: $440,043
Mortgage Amount$667,995
Total Interest$440,043
Est. Property Tax$510/mo
Total Cost$1,108,038

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

122 Green Cedar Drive, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
4.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$510
Insurance (est.)-$150
Net Cash Flow+$2,540

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 $654/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 25 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.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Hamilton. Good resale value as demand remains consistent.

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 $3,000 (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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    122 Green Cedar Drive, Hamilton — $719,900 | Battaglia Team