$1,249,000 - 50 Edgewater Drive, Hamilton
Townhouse for Sale in Hamilton
96 days on market- MLS Number
- X12864506
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 96
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- KELLER WILLIAMS PORTFOLIO REALTY
Come Home to 50 Edgewater Dr in Stoney Creek. Welcome to lakeside luxury in this renovated 4-bedroom executive end-unit townhouse. Boasting over 2,500 sq. ft. of modern elegance, this freehold gem features a designer kitchen with white cabinetry, black granite counters, and a social island perfect for entertaining. The open-concept family room, anchored by a cozy gas fireplace, flows seamlessly to a large private patio. Enjoy the primary retreat on the second level, both with a private ensuite and balcony. The third level offers two more bedrooms and laundry. Just steps from the Newport Yacht Club and Great Lake Waterfront Trails, this home offers a unique lifestyle with the ability to park your boat around the corner. Experience the perfect blend of tranquillity and convenience in this stunning lakeside oasis.
Estimate your monthly payments for this property
Estimated Payment
$5,524.75/mo
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.
50 Edgewater 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 $500/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 96 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.
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 $5,204 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.