18 Millpond Place, Hamilton

Price: $818,999

4 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X13084142

Welcome to this beautifully attained 3+1 bedroom, 4 bathroom home located on a quiet ,low traffic court perfect for families. this home offer a great mix of comfort, style and convenience. The modern kitchen features a large island, stainless steel appliances, plenty of cupboard space and heated flooring added in 2021.it open in to the cozy family room with a fire place and walkout to backyard ideal for every day living and entertaining. Enjoy hardwoods floors throughout, elegant crown molding and a natural color scheme that suits any style. The updated main bath room add a fresh, modern touch. The fully finished basement provides extra living space, including a large rec room with a wet bar prefect for movie nights, games. Additional highlights include a single car- garage ,exposed aggregate driveway and walkway. Plus an owned tankless hot water heater. Located minutes from the Linc, Red Hill Parkway, Limeridge Mall, Schools Parks, public transit ,and walking trails. This home offers comfort and convenience in one of the area most desirable neighborhoods.

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$818,999 - 18 Millpond Place, Hamilton

Detached for Sale in Hamilton

42 days on market
4Beds
4Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X13084142
Property Type
Detached
Status
active
Days on Site
42
Bedrooms
4
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Hamilton
Listing Brokerage
ROYAL CANADIAN REALTY
Description

Welcome to this beautifully attained 3+1 bedroom, 4 bathroom home located on a quiet ,low traffic court perfect for families. this home offer a great mix of comfort, style and convenience. The modern kitchen features a large island, stainless steel appliances, plenty of cupboard space and heated flooring added in 2021.it open in to the cozy family room with a fire place and walkout to backyard ideal for every day living and entertaining. Enjoy hardwoods floors throughout, elegant crown molding and a natural color scheme that suits any style. The updated main bath room add a fresh, modern touch. The fully finished basement provides extra living space, including a large rec room with a wet bar prefect for movie nights, games. Additional highlights include a single car- garage ,exposed aggregate driveway and walkway. Plus an owned tankless hot water heater. Located minutes from the Linc, Red Hill Parkway, Limeridge Mall, Schools Parks, public transit ,and walking trails. This home offers comfort and convenience in one of the area most desirable neighborhoods.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,201.89/mo

Includes CMHC insurance ($22,850)

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5-yr fixed avg.

Principal: $737,099Interest: $500,618
Mortgage Amount$759,949
Total Interest$500,618
Est. Property Tax$580/mo
Total Cost$1,260,567

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

18 Millpond Place, 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)
3.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$580
Insurance (est.)-$171
Net Cash Flow+$2,449

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 $546/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 42 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.

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.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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 $3,412 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    18 Millpond Place, Hamilton | $818,999 | Battaglia Team