$799,000 - 5 Harbour Drive, Hamilton
Townhouse for Sale in Hamilton
- MLS Number
- X13129484
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 30
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- RE/MAX HENDRIKS TEAM REALTY
This well-maintained 2-storey freehold townhome offers a functional layout with quality updates. Before entering, enjoy the curb appeal featuring an interlock front porch and charming walkway. As an end unit, this home offers added privacy, extra natural light, and the rare bonus of a side yard with garden space - ideal for gardening and a quiet outdoor space to enjoy. The side yard also provides convenient additional access and makes maintenance and everyday use that much easier, enhancing the overall sense of space and livability. The main floor features a kitchen with granite countertops, stainless steel appliances, and a breakfast bar, opening into bright living and dining areas filled with natural light from extra windows throughout. Upstairs offers 3 bedrooms. The primary includes ensuite access to a finished bathroom featuring quartz vanities and a tile walk-in shower and soaker tub. The primary also includes a walk-in closet. The two additional bedrooms both feature double closets, while the third bedroom also includes a private balcony. The main bathroom has been updated. Updates include a new asphalt driveway, new front roof (2021), and a fully refreshed exterior with new chimney, eavestroughs, fascia, and soffits. The fully finished basement provides flexible space for a rec room, home office, gym, or potential 4th bedroom. Additional features include a cozy wood-burning fireplace and a double car garage with underground parking. Ideally located in one of Stoney Creek's most beautiful communities, just steps from the water and walking distance to The Newport Yacht Club and the renowned Edgewater Manor Restaurant. Enjoy nearby Waterford Park, scenic surroundings, and easy access to highways. The GO Train is just a 5-minute drive away, making commuting to Toronto effortless. Conveniently close to Costco, Walmart, and major super centres for all your shopping needs. Freehold ownership with community-managed snow removal complete this exceptional offering.
Estimate your monthly payments for this property
Estimated Payment
$4,099.28/mo
Includes CMHC insurance ($22,292)
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 Harbour Drive, 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 $533/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.
Market Position
At 30 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
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 $3,329 (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.