$1,599,900 - 174 MOUNTAIN PARK Avenue Unit 2W, Hamilton
Condo for Sale in Hamilton
135 days on market- MLS Number
- X12461649
- Property Type
- Condo
- Status
- active
- Days on Site
- 135
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 2,250 sqft
- Neighbourhood
- Hamilton
- Locker
- Owned
- Exposure
- North
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX ESCARPMENT GOLFI REALTY INC.
Welcome to The Madison, an exclusive boutique condominium that embodies timeless elegance and refined living. Perfectly perched along the escarpment, this residence offers a sophisticated retreat where design, comfort, and lifestyle unite in perfect harmony. This 2,400 sq ft luxury suite features 3 bedrooms, 2 bathrooms, and a private elevator opening directly into your home, creating a sense of privacy and prestige. Every detail reflects superior craftsmanship - from coffered ceilings and crown molding to hardwood floors, granite surfaces, pot lighting, and custom cabinetry throughout. The gourmet kitchen inspires culinary creativity with dual refrigerators, built-in ovens, cooktop, and dishwasher, ideal for hosting or everyday living. The expansive great room, centered around a gas fireplace, opens to a 400 sq ft terrace that invites morning coffee or evenings under the stars. The primary suite offers a serene escape with walk-in closets and a spa-like 5-piece ensuite designed for relaxation. The second bedroom features its own private balcony and walk-in closet, while the third bedroom or den offers flexibility for a home office or cozy lounge. At The Madison, luxury extends beyond your door - a place where you can entertain effortlessly, unwind in style, and enjoy the ease of in-suite laundry with built-ins and a beverage fridge, two underground parking spaces, and a storage locker. Elegant, intimate, and distinctly sophisticated - The Madison offers a lifestyle as exceptional as its design.
Estimate your monthly payments for this property
Estimated Payment
$7,076.90/mo
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.
174 MOUNTAIN PARK Avenue Unit 2W, Hamilton
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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 $711/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 135 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.
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 $6,666 (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.