166 Mountain Park Avenue Unit 201, Hamilton

Price: $429,000

3 bedrooms, 2 bathrooms

1,400 sqft

Property Type: Condo

MLS#: X12991790

Welcome to Unit 201 at 166 Mountain Park Avenue -a spacious 1,414 sq. ft. condo in an exclusive, well-maintained, smoke-free 12-unit building. This bright and inviting three-bedroom, two-bathroom residence offers an exceptional blend of space, comfort, and location. The open-concept living and dining area has been recently refreshed with fresh paint and professional cleaning. The well-appointed kitchen features granite countertops and ample cabinetry and a cozy space for a breakfast table. A charming solarium adds valuable additional living space. The generous primary bedroom includes a private ensuite, while the second and third bedrooms are well-sized and versatile. Additional highlights include exclusive surface parking and a locker for storage. Residents enjoy access to a rooftop garden patio with BBQ, a small gym, and a meeting room. Ideally located just steps from the Mountain Brow Promenade and Wentworth Stairs, and within walking distance to the vibrant shops and restaurants of Concession Street, Juravinski Hospital, and the Zoetic Theatre, this home is perfect for those seeking downsize and enjoy an active lifestyle in one of Hamilton Mountain's most desirable neighbourhoods.

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$429,000 - 166 Mountain Park Avenue Unit 201, Hamilton

Condo for Sale in Hamilton

62 days on market
3Beds
2Baths
1,400Sq Ft
Condo
Property Details
MLS Number
X12991790
Property Type
Condo
Status
active
Days on Site
62
Bedrooms
3
Bathrooms
2
Square Feet
1,400 sqft
Neighbourhood
Hamilton
Locker
Exclusive
Exposure
North
Balcony
Enclosed
Listing Brokerage
RIGHT AT HOME REALTY
Description

Welcome to Unit 201 at 166 Mountain Park Avenue -a spacious 1,414 sq. ft. condo in an exclusive, well-maintained, smoke-free 12-unit building. This bright and inviting three-bedroom, two-bathroom residence offers an exceptional blend of space, comfort, and location. The open-concept living and dining area has been recently refreshed with fresh paint and professional cleaning. The well-appointed kitchen features granite countertops and ample cabinetry and a cozy space for a breakfast table. A charming solarium adds valuable additional living space. The generous primary bedroom includes a private ensuite, while the second and third bedrooms are well-sized and versatile. Additional highlights include exclusive surface parking and a locker for storage. Residents enjoy access to a rooftop garden patio with BBQ, a small gym, and a meeting room. Ideally located just steps from the Mountain Brow Promenade and Wentworth Stairs, and within walking distance to the vibrant shops and restaurants of Concession Street, Juravinski Hospital, and the Zoetic Theatre, this home is perfect for those seeking downsize and enjoy an active lifestyle in one of Hamilton Mountain's most desirable neighbourhoods.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,200.99/mo

Includes CMHC insurance ($11,969)

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5-yr fixed avg.

Principal: $386,100Interest: $262,229
Mortgage Amount$398,069
Total Interest$262,229
Est. Property Tax$304/mo
Total Cost$660,298

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

166 Mountain Park Avenue Unit 201, 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)
5.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$910
Property Tax (est.)-$304
Insurance (est.)-$89
Net Cash Flow+$1,777

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 $306/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 62 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.

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.

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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    166 Mountain Park Avenue Unit 2… — $429,000 | Battaglia Team