1255 Upper Gage Avenue Unit 15, Hamilton

Price: $515,000

3 bedrooms, 2 bathrooms

1,400 sqft

Property Type: Condo

MLS#: X12966212

Welcome to your dream home! This beautifully updated three-storey townhome is located right in the heart of the vibrant Hamilton Mountain area, perfect for young families looking to settle down. With 1,420 square feet of stylish and functional living space, this home is all about comfort and convenience. As you walk in, you'll notice the fresh paint and shiny new floors that create a bright and welcoming atmosphere. The modern light fixtures (installed in 2025) and pot lights add a fun touch throughout, giving it a chic, contemporary vibe. The main level features a cozy living area that's ideal for gatherings with family and friends. This versatile space can easily adapt to fit your lifestyle; not only can it serve as a living room, but it could also be transformed into a den or a home office, adding so much extra functionality to this home. A convenient powder room for guests is also located on this level. Don't miss the walkout to your spacious fenced yard-perfect for summer barbecues, kids playing, or just enjoying a relaxing afternoon with a good book! The outdoor space is a fantastic extension of the main living area, allowing for seamless indoor-outdoor entertaining. The second floor is designed for the family on the go, with an open-concept eat-in kitchen that any home chef would love! It features sleek cabinetry, brand new quartz countertops, modern appliances, and plenty of counter space for whipping up delicious meals together. Head upstairs to find bright, spacious bedrooms that are perfect for kids or guests. The master bedroom even has a customized walk-in closet-how awesome is that? You'll be in a family-friendly neighborhood, close to schools, parks, and all the amenities you need. Plus, commuting is a breeze with easy access to the Lincoln Alexander Parkway and public transit options. Get ready to make wonderful memories in your new home!

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$515,000 - 1255 Upper Gage Avenue Unit 15, Hamilton

Condo for Sale in Hamilton

3Beds
2Baths
1,400Sq Ft
Condo
Property Details
MLS Number
X12966212
Property Type
Condo
Status
active
Days on Site
22
Bedrooms
3
Bathrooms
2
Square Feet
1,400 sqft
Neighbourhood
Hamilton
Locker
None
Exposure
East
Balcony
None
Listing Brokerage
RE/MAX ESCARPMENT FRANK REALTY
Description

Welcome to your dream home! This beautifully updated three-storey townhome is located right in the heart of the vibrant Hamilton Mountain area, perfect for young families looking to settle down. With 1,420 square feet of stylish and functional living space, this home is all about comfort and convenience. As you walk in, you'll notice the fresh paint and shiny new floors that create a bright and welcoming atmosphere. The modern light fixtures (installed in 2025) and pot lights add a fun touch throughout, giving it a chic, contemporary vibe. The main level features a cozy living area that's ideal for gatherings with family and friends. This versatile space can easily adapt to fit your lifestyle; not only can it serve as a living room, but it could also be transformed into a den or a home office, adding so much extra functionality to this home. A convenient powder room for guests is also located on this level. Don't miss the walkout to your spacious fenced yard-perfect for summer barbecues, kids playing, or just enjoying a relaxing afternoon with a good book! The outdoor space is a fantastic extension of the main living area, allowing for seamless indoor-outdoor entertaining. The second floor is designed for the family on the go, with an open-concept eat-in kitchen that any home chef would love! It features sleek cabinetry, brand new quartz countertops, modern appliances, and plenty of counter space for whipping up delicious meals together. Head upstairs to find bright, spacious bedrooms that are perfect for kids or guests. The master bedroom even has a customized walk-in closet-how awesome is that? You'll be in a family-friendly neighborhood, close to schools, parks, and all the amenities you need. Plus, commuting is a breeze with easy access to the Lincoln Alexander Parkway and public transit options. Get ready to make wonderful memories in your new home!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,642.22/mo

Includes CMHC insurance ($14,369)

$
$
5%10%50%

5-yr fixed avg.

Principal: $463,500Interest: $314,797
Mortgage Amount$477,869
Total Interest$314,797
Est. Property Tax$365/mo
Total Cost$792,665

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

1255 Upper Gage Avenue Unit 15, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
4.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$910
Property Tax (est.)-$365
Insurance (est.)-$107
Net Cash Flow+$1,698

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 $368/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 22 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.

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.

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 $2,146 (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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