386 Highland Road Unit 46, Hamilton

Price: $529,000

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X13458446

This welcoming 3-bedroom townhome in a well-maintained condo community on the Stoney Creek mountain, is located directly across the road from the Eramosa Karst Conservation Area. This reasonably-priced home is a great fit for families, couples, or singles, with multiple parks and schools nearby and a short walk to Valley Park and a wide variety of shopping amenities. The main level offers a comfortable living room and dining area, with a cute breakfast bar off the dining area for everyday convenience. The living room also features sliding doors leading to the lovely backyard. The refreshed kitchen includes ample counter space and cabinetry, plus the two-piece powder room rounds out the main level. Upstairs you'll find the primary bedroom, the 2nd & 3rd bedrooms and an updated four-piece bathroom. The finished lower level offers an additional 320 sqft of finished living space, featuring a flexible room that works as a family room, home office, or play area, whatever suits your needs. You'll also find the laundry area down here, along with a good amount of storage to keep things organized. Outside offers front driveway parking with an attached garage and the beautiful, fully fenced backyard with patio and established gardens. Reasonable condo fees, Nature at your doorstep, shopping and schools around the corner, and easy highway access - this home delivers the location buyers are searching for.

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active
New Listing
1/29

$529,000 - 386 Highland Road Unit 46, Hamilton

Condo for Sale in Hamilton

New — Listed yesterday
3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X13458446
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Hamilton
Locker
None
Exposure
West
Balcony
None
Listing Brokerage
COLDWELL BANKER COMMUNITY PROFESSIONALS
Description

This welcoming 3-bedroom townhome in a well-maintained condo community on the Stoney Creek mountain, is located directly across the road from the Eramosa Karst Conservation Area. This reasonably-priced home is a great fit for families, couples, or singles, with multiple parks and schools nearby and a short walk to Valley Park and a wide variety of shopping amenities. The main level offers a comfortable living room and dining area, with a cute breakfast bar off the dining area for everyday convenience. The living room also features sliding doors leading to the lovely backyard. The refreshed kitchen includes ample counter space and cabinetry, plus the two-piece powder room rounds out the main level. Upstairs you'll find the primary bedroom, the 2nd & 3rd bedrooms and an updated four-piece bathroom. The finished lower level offers an additional 320 sqft of finished living space, featuring a flexible room that works as a family room, home office, or play area, whatever suits your needs. You'll also find the laundry area down here, along with a good amount of storage to keep things organized. Outside offers front driveway parking with an attached garage and the beautiful, fully fenced backyard with patio and established gardens. Reasonable condo fees, Nature at your doorstep, shopping and schools around the corner, and easy highway access - this home delivers the location buyers are searching for.

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

386 Highland Road Unit 46, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$375
Insurance (est.)-$110
Net Cash Flow+$1,625

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 $529/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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

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.

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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    386 Highland Road Unit 46, Hamilton | $529,000 | Battaglia Team