40 Radison Lane, Hamilton

Price: $529,900

3 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: X13242838

This modern three-storey townhome in Hamilton's McQuesten neighbourhood features a highly efficient layout with distinct living zones. The ground floor features a flexible rear den space equipped with a patio door walkout to the backyard, alongside direct interior access to the built-in single-car garage and storage. The main level is designed for everyday functionality, presenting an open-concept living and dining area, a central kitchen, a dedicated laundry closet, and a practical half bathroom. The upper floor accommodates three bedrooms and two full bathrooms, highlighting a primary bedroom complete with a private ensuite configuration. Positioned with direct access to the Red Hill Valley Parkway, this property ensures quick transit connections and seamless access to local commercial hubs.

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New Listing
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$529,900 - 40 Radison Lane, Hamilton

Condo for Sale in Hamilton

New — Listed 4 days ago
3Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
X13242838
Property Type
Condo
Status
active
Days on Site
4
Bedrooms
3
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Hamilton
Locker
None
Exposure
East
Balcony
None
Listing Brokerage
ROYAL LEPAGE STATE REALTY
Description

This modern three-storey townhome in Hamilton's McQuesten neighbourhood features a highly efficient layout with distinct living zones. The ground floor features a flexible rear den space equipped with a patio door walkout to the backyard, alongside direct interior access to the built-in single-car garage and storage. The main level is designed for everyday functionality, presenting an open-concept living and dining area, a central kitchen, a dedicated laundry closet, and a practical half bathroom. The upper floor accommodates three bedrooms and two full bathrooms, highlighting a primary bedroom complete with a private ensuite configuration. Positioned with direct access to the Red Hill Valley Parkway, this property ensures quick transit connections and seamless access to local commercial hubs.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,718.66/mo

Includes CMHC insurance ($14,784)

$
$
5%10%50%

5-yr fixed avg.

Principal: $476,910Interest: $323,904
Mortgage Amount$491,694
Total Interest$323,904
Est. Property Tax$375/mo
Total Cost$815,599

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

40 Radison Lane, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$375
Insurance (est.)-$110
Net Cash Flow+$1,655

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 $442/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.

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 $2,208 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    40 Radison Lane, Hamilton — $529,900 | Battaglia Team