23 Edgewater Drive, Hamilton

Price: $1,499,000

3 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Townhouse

MLS#: X13440118

Waterfront living without compromise. Situated on a premium 253-foot deep lot along the shores of Lake Ontario, this exceptional freehold townhome offers panoramic water views, professionally landscaped grounds, multiple outdoor entertaining spaces, and direct access to one of Hamilton's most sought-after waterfront communities. Featuring 3 bedrooms, 3 bathrooms, a double car garage, an updated kitchen, spacious principal rooms, a luxurious primary suite with private lakeview balcony, and meticulously maintained gardens stretching to the shoreline, this is a home designed around the water. Steps to Newport Yacht Club and minutes to the QEW, this is a rare opportunity to own a turnkey waterfront residence in an exclusive lakeside setting.

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New Listing
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$1,499,000 - 23 Edgewater Drive, Hamilton

Townhouse for Sale in Hamilton

New — Listed yesterday
3Beds
3Baths
2,000 - 2,499Sq Ft
Townhouse
Property Details
MLS Number
X13440118
Property Type
Townhouse
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Hamilton
Listing Brokerage
Real Broker Ontario Ltd.
Description

Waterfront living without compromise. Situated on a premium 253-foot deep lot along the shores of Lake Ontario, this exceptional freehold townhome offers panoramic water views, professionally landscaped grounds, multiple outdoor entertaining spaces, and direct access to one of Hamilton's most sought-after waterfront communities. Featuring 3 bedrooms, 3 bathrooms, a double car garage, an updated kitchen, spacious principal rooms, a luxurious primary suite with private lakeview balcony, and meticulously maintained gardens stretching to the shoreline, this is a home designed around the water. Steps to Newport Yacht Club and minutes to the QEW, this is a rare opportunity to own a turnkey waterfront residence in an exclusive lakeside setting.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,630.58/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,199,200Interest: $789,975
Mortgage Amount$1,199,200
Total Interest$789,975
Est. Property Tax$1,062/mo
Total Cost$1,989,175

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

23 Edgewater Drive, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,030/mo
Range: $2,576 - $3,484
Cap Rate (ROI)
1.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,030
Maintenance Fees-$0
Property Tax (est.)-$1,062
Insurance (est.)-$312
Net Cash Flow+$1,656

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 $750/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 $6,246 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    23 Edgewater Drive, Hamilton — $1,499,000 | Battaglia Team