$724,900 - 5 Canoe Lane, Hamilton
Townhouse for Sale in Hamilton
New — Listed yesterday- MLS Number
- X13428198
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 1
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Beautiful, spacious, and thoughtfully designed, this rarely offered 4 bedroom, 3.5 bathroom townhome offers exceptional living space for the whole family. Complete with a 2 car garage and parking for 2 additional vehicles in the driveway, this home checks all the boxes.The ground floor features a private and spacious bedroom with a 4 piece ensuite, making it ideal for guests, an older child, or an in-law suite.On the main level, you'll find pot lights throughout and a bright, open-concept layout. The modern kitchen showcases stainless steel appliances, tasteful backsplash, and a large island perfect for meal preparation and casual dining. Just off the kitchen and dining area is an oversized balcony, ideal for BBQs and enjoying warm summer evenings. The spacious living room flows seamlessly from the kitchen, creating the perfect setting for entertaining and family gatherings.Upstairs, the primary retreat features pot lights, a walk-in closet, and a 3 piece ensuite complete with a large vanity and stand up shower. Two additional generously sized bedrooms and a full bathroom complete this level. The unfinished basement offers a blank canvas with endless potential to create additional living space tailored to your needs. Located in a family friendly neighbourhood with a playground and ample visitor parking, this home is conveniently situated close to the Red Hill Valley Parkway, public transit, schools, shopping, and more. A must see opportunity you won't want to miss!
Estimate your monthly payments for this property
Estimated Payment
$3,719.11/mo
Includes CMHC insurance ($20,225)
5-yr fixed avg.
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.
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
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.
5 Canoe Lane, Hamilton
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $483/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.
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 4 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 $3,020 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.