$689,900 - 205 Thames Way Unit 25, Hamilton
Townhouse for Sale in Hamilton
137 days on market- MLS Number
- X12665902
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 137
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
Better than new! Built in 2024, this stunning freehold townhome is nestled in the desirable Hampton Park community. The inviting curb appeal welcomes you into a bright, spacious main floor finished in modern neutral tones, featuring 9' ceilings, gorgeous low maintenance vinyl flooring, custom zebra blinds throughout, modern recessed lighting and a large kitchen with upgraded cabinetry, premium stainless steel appliances, and a generous island overlooking the separate dining area and cozy living room. Large windows flood the space with natural light, while an inviting Napoleon fireplace adds warmth on chilly winter nights. A convenient 2-piece bath completes the main level. The upper level offers three spacious bedrooms, including a generous primary retreat with a modern 3-piece ensuite and two walk-in closets, along with an additional 4-piece bathroom. Downstairs, the basement awaits your finishing touches - currently utilized as a large laundry area and storage space, and equipped with a 3-piece rough-in for a future bathroom. Perfect for pets or enjoying the warmer months, the backyard is partially fenced with new sod in both the front and rear, easily accessible through large patio doors. added bonus, oversized garage w/ interior access! Just steps from the sprawling Hampton Park community park and conveniently close to all major amenities, this home is sure to impress - and is truly move-in ready.
Estimate your monthly payments for this property
Estimated Payment
$3,539.54/mo
Includes CMHC insurance ($19,248)
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.
205 Thames Way Unit 25, 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 $627/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 137 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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Hamilton have shown strong appreciation as families seek more space.
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.
Bathroom Count Matters
With 3 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 $2,875 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.