$595,000 - 500 Green Road Unit 1406, Hamilton
Condo for Sale in Hamilton
104 days on market- MLS Number
- X12807478
- Property Type
- Condo
- Status
- active
- Days on Site
- 104
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Hamilton
- Locker
- Exclusive
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- MARTIN GROUP
Welcome to The Shoreliner, an iconic waterfront residence where the vast blue of Lake Ontario is your constant companion. This is "house-sized" living with the ease of a condo; a sanctuary where the lake greets you from every room. Suite 1406 is a beautifully updated 2-bedroom plus den condominium offering a refined waterfront lifestyle where unobstructed views of Lake Ontario are brought directly into the suite through every window. This spacious residence features a traditional, open living area enhanced by crown moulding and California ceilings, creating a bright and inviting space perfect for large gatherings. The stylish layout includes a welcoming foyer that opens elegantly into a spacious living and dining area. The versatility of the den, accessed through elegant bevelled French doors, provides an ideal sanctuary for a home office or a third bedroom. The primary bedroom serves as a private retreat with a walk-in closet, a 2-piece ensuite, and the opportunity to arise each morning to breathtaking lake vistas. Quality upgrades abound throughout the home, including ceramic and laminate flooring, a renovated kitchen, pantry, maple cabinetry and a relaxing soaker tub. Practicality meets comfort with in-suite laundry and an open balcony designed for morning sunrises or watching evening storms. Residents of this well-maintained building enjoy a sense of community with wonderful neighbours and access to resort-style amenities, including a heated outdoor pool overlooking the lake, gym, sauna, hot tub, squash court, billiards, workshop games, gas bbq's and party rooms. Able to accommodate traditional furniture, this home is perfectly suited for rightsizing seniors or a small family. Just steps from the sandy beach, the 8km waterfront trail, Confederation Park, and the vibrant atmosphere of Baranga's on the Beach. With quick access to the QEW and the Confederation GO Station. This home offers a quiet lakeside tranquillity without sacrificing urban convenience.
Estimate your monthly payments for this property
Estimated Payment
$3,052.66/mo
Includes CMHC insurance ($16,601)
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.
500 Green Road Unit 1406, 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 $595/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 104 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.
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 $2,479 (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.