15 Colonial Court, Hamilton

Price: $839,900

4 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13209820

Welcome to this beautifully fully renovated 3+1 bedroom bungalow, perfectly positioned on a premium cul-de-sac lot, offering exceptional privacy and minimal traffic-ideal for families and quiet living. This turnkey home has been completely updated from top to bottom and features two brand new custom kitchens with two full sets of new appliances, making it perfectly suited for multi-generational living, rental income, or a private in-law suite. The thoughtfully designed layout includes 3 spacious bedrooms on the main level plus a 4th bedroom in the fully finished basement, providing flexibility for extended family or tenants.Upgrades throughout include: New flooring across the entire home, baseboards, casings & interior doors. New exterior doors and trim. Brand new roof & siding, eaves and fascia. Enjoy ample parking and a functional layout that offers both comfort and income potential. Conveniently located close to schools, shopping, banks, and major highway access, this home offers the perfect blend of lifestyle and investment. A true turnkey opportunity-move in, enjoy, and generate potential income!

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$839,900 - 15 Colonial Court, Hamilton

Detached for Sale in Hamilton

4Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13209820
Property Type
Detached
Status
active
Days on Site
20
Bedrooms
4
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Hamilton
Listing Brokerage
THE CONDO STORE REALTY INC.
Description

Welcome to this beautifully fully renovated 3+1 bedroom bungalow, perfectly positioned on a premium cul-de-sac lot, offering exceptional privacy and minimal traffic-ideal for families and quiet living. This turnkey home has been completely updated from top to bottom and features two brand new custom kitchens with two full sets of new appliances, making it perfectly suited for multi-generational living, rental income, or a private in-law suite. The thoughtfully designed layout includes 3 spacious bedrooms on the main level plus a 4th bedroom in the fully finished basement, providing flexibility for extended family or tenants.Upgrades throughout include: New flooring across the entire home, baseboards, casings & interior doors. New exterior doors and trim. Brand new roof & siding, eaves and fascia. Enjoy ample parking and a functional layout that offers both comfort and income potential. Conveniently located close to schools, shopping, banks, and major highway access, this home offers the perfect blend of lifestyle and investment. A true turnkey opportunity-move in, enjoy, and generate potential income!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,309.12/mo

Includes CMHC insurance ($23,433)

$
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5%10%50%

5-yr fixed avg.

Principal: $755,910Interest: $513,393
Mortgage Amount$779,343
Total Interest$513,393
Est. Property Tax$595/mo
Total Cost$1,292,737

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

15 Colonial Court, 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)
3.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$595
Insurance (est.)-$175
Net Cash Flow+$2,430

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

Premium Pricing

At $1200/sqft, this property is priced above the Hamilton average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Market Position

At 20 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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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 $3,500 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    15 Colonial Court, Hamilton | $839,900 | Battaglia Team