25 Viking Drive Unit 10, Hamilton

Price: $529,000

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Townhouse

MLS#: X12713430

Move-in ready and beautifully maintained, this spacious freehold townhome in Binbrook offers exceptional privacy and functionality. Featuring two generous bedrooms, two bathrooms and a versatile den/home office with walk-out access to a backyard retreat, this home is ideal for modern living. The main level is filled with natural light from large windows and offers an open-concept eat-in kitchen, new granite counter top and sink, brand new appliances, a convenient two-piece powder room, laundry and a private balcony. The second level features two well-appointed bedrooms, including a primary suite with his/her double closets and a three-piece bathroom. The fully finished lower level provides flexible living space-perfect for a home office or additional family room-with direct garage access, yard access and amplestorage. Residents benefit from low-maintenance living with snow removal, common area grasscutting, garbage pickup, and street lighting included for a modest road fee of $89.62. Situatedon a quiet dead-end road with ample visitor parking, this home is minutes from parks, trails,schools, downtown Binbrook, golf courses, and conservation areas. An excellent opportunity for first-time buyers or investors.

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$529,000 - 25 Viking Drive Unit 10, Hamilton

Townhouse for Sale in Hamilton

140 days on market
2Beds
2Baths
700 - 1,099Sq Ft
Townhouse
Property Details
MLS Number
X12713430
Property Type
Townhouse
Status
active
Days on Site
140
Bedrooms
2
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Hamilton
Listing Brokerage
RE/MAX EXPERTS
Description

Move-in ready and beautifully maintained, this spacious freehold townhome in Binbrook offers exceptional privacy and functionality. Featuring two generous bedrooms, two bathrooms and a versatile den/home office with walk-out access to a backyard retreat, this home is ideal for modern living. The main level is filled with natural light from large windows and offers an open-concept eat-in kitchen, new granite counter top and sink, brand new appliances, a convenient two-piece powder room, laundry and a private balcony. The second level features two well-appointed bedrooms, including a primary suite with his/her double closets and a three-piece bathroom. The fully finished lower level provides flexible living space-perfect for a home office or additional family room-with direct garage access, yard access and amplestorage. Residents benefit from low-maintenance living with snow removal, common area grasscutting, garbage pickup, and street lighting included for a modest road fee of $89.62. Situatedon a quiet dead-end road with ample visitor parking, this home is minutes from parks, trails,schools, downtown Binbrook, golf courses, and conservation areas. An excellent opportunity for first-time buyers or investors.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,714.04/mo

Includes CMHC insurance ($14,759)

$
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5%10%50%

5-yr fixed avg.

Principal: $476,100Interest: $323,354
Mortgage Amount$490,859
Total Interest$323,354
Est. Property Tax$375/mo
Total Cost$814,213

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

25 Viking Drive Unit 10, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$0
Property Tax (est.)-$375
Insurance (est.)-$110
Net Cash Flow+$1,715

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 $756/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 140 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.

Efficient Living

At 700 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.

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 $2,204 (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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    25 Viking Drive Unit 10, Hamilton | $529,000 | Battaglia Team