2 Stroud Road Unit 5, Hamilton

Price: $329,999

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: X12855924

This beautifully renovated co-op apartment blends style and substance. Wide-plank hickory-look engineered hardwood flows throughout. A large kitchen opening brightens the space with natural light and offers great sight-lines. The bathroom is modern with updated plumbing, a window, porcelain tile, and a spacious shower. A sliding barn-style door adds character and privacy to the generous bedroom. The kitchen boasts solid maple shaker cabinets, stainless steel appliances, and dimmable LED pot lights. Smart storage solutions include a foyer closet with built-in bench. Unit has upgraded electrical (panel, wiring, switches, lights), and underfloor soundproofing. Close to McMaster Hospital, cafés, restaurants, transit (80m to bus stop to downtown and 150m to bus stop to Dundas), and highways. Monthly fee: $400 (includes property taxes, heat, water, building insurance).This quiet, adult-only, non-smoking co-operative community promotes pride of ownership. Units must be owner-occupied, ensuring a stable and respectful environment. Potential buyer(s) must be approved by the Board.

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$329,999 - 2 Stroud Road Unit 5, Hamilton

Condo for Sale in Hamilton

101 days on market
1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
X12855924
Property Type
Condo
Status
active
Days on Site
101
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Hamilton
Locker
Exclusive
Exposure
West
Balcony
None
Listing Brokerage
Forest Hill Real Estate Inc., Brokerage
Description

This beautifully renovated co-op apartment blends style and substance. Wide-plank hickory-look engineered hardwood flows throughout. A large kitchen opening brightens the space with natural light and offers great sight-lines. The bathroom is modern with updated plumbing, a window, porcelain tile, and a spacious shower. A sliding barn-style door adds character and privacy to the generous bedroom. The kitchen boasts solid maple shaker cabinets, stainless steel appliances, and dimmable LED pot lights. Smart storage solutions include a foyer closet with built-in bench. Unit has upgraded electrical (panel, wiring, switches, lights), and underfloor soundproofing. Close to McMaster Hospital, cafés, restaurants, transit (80m to bus stop to downtown and 150m to bus stop to Dundas), and highways. Monthly fee: $400 (includes property taxes, heat, water, building insurance).This quiet, adult-only, non-smoking co-operative community promotes pride of ownership. Units must be owner-occupied, ensuring a stable and respectful environment. Potential buyer(s) must be approved by the Board.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,693.07/mo

Includes CMHC insurance ($9,207)

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5%10%50%

5-yr fixed avg.

Principal: $296,999Interest: $201,714
Mortgage Amount$306,206
Total Interest$201,714
Est. Property Tax$234/mo
Total Cost$507,920

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

2 Stroud Road Unit 5, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
4.3%
Good

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$234
Insurance (est.)-$69
Net Cash Flow+$1,172

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 $660/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 101 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 500 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.

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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    2 Stroud Road Unit 5, Hamilton — $329,999 | Battaglia Team