22 Spring Creek Drive Unit 74, Hamilton

Price: $839,900

4 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: New Construction

MLS#: X12708588

End Unit Mattamy Build Hannon End 3+1 Br, 3 Wr - 1824 Sqft Townhouse, Very Good Size Terrace. Modern Kitchen With Breakfast Bar, Granite Counter Top, Backsplash, Stainless Steel Appliances& Additional Walk In Pantry. Nov. 2018 Laminate Throughout House, 2 Full Bathrooms In Bedroom Area Upstairs. Close To Shopping, Aldershot Go, Hwy 403 Or 407. 15 Minute Drive To McMaster University.

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$839,900 - 22 Spring Creek Drive Unit 74, Hamilton

New Construction for Sale in Hamilton

91 days on market
4Beds
3Baths
1,500 - 1,999Sq Ft
New Construction
Property Details
MLS Number
X12708588
Property Type
New Construction
Status
active
Days on Site
91
Bedrooms
4
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Hamilton
Listing Brokerage
ROYAL LEPAGE REALTY PLUS
Description

End Unit Mattamy Build Hannon End 3+1 Br, 3 Wr - 1824 Sqft Townhouse, Very Good Size Terrace. Modern Kitchen With Breakfast Bar, Granite Counter Top, Backsplash, Stainless Steel Appliances& Additional Walk In Pantry. Nov. 2018 Laminate Throughout House, 2 Full Bathrooms In Bedroom Area Upstairs. Close To Shopping, Aldershot Go, Hwy 403 Or 407. 15 Minute Drive To McMaster University.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,309.12/mo

Includes CMHC insurance ($23,433)

$
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5%10%50%

5-yr fixed avg.

Principal: $755,910Interest: $513,393
Mortgage Amount$779,343
Total Interest$513,393
Est. Property Tax$595/mo
Total Cost$1,292,737

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

22 Spring Creek Drive Unit 74, 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)
3.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$595
Insurance (est.)-$175
Net Cash Flow+$2,430

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 $560/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 91 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.

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 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 $3,500 (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.

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