$530,000 - 17 Monsignor Henkey Terrace, Hamilton
Condo for Sale in Hamilton
138 days on market- MLS Number
- X12724304
- Property Type
- Condo
- Status
- active
- Days on Site
- 138
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 900 sqft
- Neighbourhood
- Hamilton
- Locker
- None
- Exposure
- North
- Balcony
- Enclosed
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
Welcome to this bright and welcoming corner bungalow in the gated 55+ community of St. Elizabeth Village. This 960 square foot one floor home offers a comfortable one bedroom, one bathroom layout with private parking and a peaceful water view overlooking one of the community ponds. The spacious kitchen features stainless steel appliances and quartz countertops and opens beautifully to the living and dining area. Wall to wall south facing windows fill the space with natural light throughout the day, creating a warm and cheerful atmosphere. Step outside to the backyard where a deck with a retractable awning is perfect for relaxing in the shade while enjoying the view, and a handy storage shed provides extra space. The bathroom includes a tiled walk in shower with grab bars for added comfort and support. This home is just a short walk to the Village amenities including the heated indoor pool, gym, saunas, hot tub and golf simulator. Residents also enjoy on site public transit, a woodworking shop, stained glass studio, doctors office, pharmacy and massage clinic. Located within a five minute drive to grocery stores, shopping and restaurants, with public transportation coming directly into the Village, this lovely bungalow offers both convenience and an active, friendly lifestyle. Property taxes, water, and all exterior maintenance are included in the monthly fees. Furnace, A/C and Hot Water Tank are on a rental contract with Reliance. RSA
Estimate your monthly payments for this property
Estimated Payment
$2,719.17/mo
Includes CMHC insurance ($14,787)
5-yr fixed avg.
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.
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
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.
17 Monsignor Henkey Terrace, Hamilton
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $589/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 138 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.
Efficient Living
At 900 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.
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 $2,208 (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.