21 Madonna Drive Unit 16, Hamilton

Price: $724,000

3 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Townhouse

MLS#: X13051520

End-unit townhome tucked beside an open field in one of the quieter, more desirable pockets of the Hamilton Mountain. With no neighbour onone side, extra windows, and sun pouring in throughout the day, it has a noticeably brighter and more open feel than a typical interior unit.Inside, the layout just works. The main floor offers a bright, comfortable living and dining space with a fireplace, set up in a way that actuallyfeels livable day-to-day. The kitchen connects seamlessly and features a clean, modern look with granite countertops, high-end stainless steelappliances, extended cabinetry, a larger island, and a gas stove - a great setup for both everyday use and entertaining. Hardwood floors runthroughout the home, complemented by updated light fixtures, pot lights, and a consistent, well-kept finish. Upstairs, you'll find three well-sizedbedrooms, including a primary with a walk-in closet and its own ensuite, along with a full second bathroom. The layout works well for a family, acouple needing extra space, or anyone working from home. The backyard is fully fenced and private, giving you your own outdoor space to relax,entertain, or let kids and pets play. What really sets this one apart is the positioning - backing onto open field so you're not boxed in, with thatexposed side bringing in natural light all day. The large basement is perfect to use as storage now or finish in the future to add additional livingspace. An insulated garage door and clear pride of ownership carry throughout the home. Located close to schools, parks, shopping, and withquick access to major routes, this is an easy place to live day-to-day. End units in this kind of setting don't come up often - and this is one thatreally shows even better in person.

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active
New Listing
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$724,000 - 21 Madonna Drive Unit 16, Hamilton

Townhouse for Sale in Hamilton

New — Listed 4 days ago
3Beds
3Baths
1,100 - 1,499Sq Ft
Townhouse
Property Details
MLS Number
X13051520
Property Type
Townhouse
Status
active
Days on Site
4
Bedrooms
3
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Hamilton
Listing Brokerage
KELLER WILLIAMS COMPLETE REALTY
Description

End-unit townhome tucked beside an open field in one of the quieter, more desirable pockets of the Hamilton Mountain. With no neighbour onone side, extra windows, and sun pouring in throughout the day, it has a noticeably brighter and more open feel than a typical interior unit.Inside, the layout just works. The main floor offers a bright, comfortable living and dining space with a fireplace, set up in a way that actuallyfeels livable day-to-day. The kitchen connects seamlessly and features a clean, modern look with granite countertops, high-end stainless steelappliances, extended cabinetry, a larger island, and a gas stove - a great setup for both everyday use and entertaining. Hardwood floors runthroughout the home, complemented by updated light fixtures, pot lights, and a consistent, well-kept finish. Upstairs, you'll find three well-sizedbedrooms, including a primary with a walk-in closet and its own ensuite, along with a full second bathroom. The layout works well for a family, acouple needing extra space, or anyone working from home. The backyard is fully fenced and private, giving you your own outdoor space to relax,entertain, or let kids and pets play. What really sets this one apart is the positioning - backing onto open field so you're not boxed in, with thatexposed side bringing in natural light all day. The large basement is perfect to use as storage now or finish in the future to add additional livingspace. An insulated garage door and clear pride of ownership carry throughout the home. Located close to schools, parks, shopping, and withquick access to major routes, this is an easy place to live day-to-day. End units in this kind of setting don't come up often - and this is one thatreally shows even better in person.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,714.50/mo

Includes CMHC insurance ($20,200)

$
$
5%10%50%

5-yr fixed avg.

Principal: $651,600Interest: $442,549
Mortgage Amount$671,800
Total Interest$442,549
Est. Property Tax$513/mo
Total Cost$1,114,349

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

21 Madonna Drive Unit 16, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,550/mo
Range: $2,168 - $2,933
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,550
Maintenance Fees-$0
Property Tax (est.)-$513
Insurance (est.)-$151
Net Cash Flow+$1,886

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 $658/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Hamilton's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 $3,017 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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