500 Green Road Unit 1701, Hamilton

Price: $518,000

1 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: X12953606

WOW!! Look at that View!!! Welcome to The Shoreliner at 500 Green Road, where lakeside living meets everyday comfort and amazing amenities/inclusions. This spacious 1-bedroom PLUS DEN condo offers 911 sq ft of beautifully functional living space with stunning unobstructed views of Lake Ontario and the Toronto skyline, from every window. The main living area has an open and spacious floor plan that is warm and inviting, while the newly renovated bathroom, in-suite laundry, and tasteful finishes add comfort and style throughout. The open balcony provides the perfect setting to enjoy breathtaking sunsets, morning coffee, or peaceful evenings by the water. This turn key home is ideally suited for downsizers, ready , rightsizing seniors, or anyone seeking a serene waterfront lifestyle -ready to just live and enjoy. Residents enjoy exceptional "resort-style" amenities, including a heated outdoor pool overlooking the lake, hot tub, sauna, gym, squash court, billiards, workshop, games room, community BBQs, party room, car wash, underground parking, and locker. Located just steps to the beach, waterfront trail, Confederation Park, and Baranga's on the Beach, with quick access to the QEW and Confederation GO Station, this is quiet lakeside living at its best.

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active
New Listing
1/23

$518,000 - 500 Green Road Unit 1701, Hamilton

Condo for Sale in Hamilton

New — Listed 3 days ago
1Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
X12953606
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
1
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Hamilton
Locker
Owned
Exposure
South East
Balcony
Enclosed
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

WOW!! Look at that View!!! Welcome to The Shoreliner at 500 Green Road, where lakeside living meets everyday comfort and amazing amenities/inclusions. This spacious 1-bedroom PLUS DEN condo offers 911 sq ft of beautifully functional living space with stunning unobstructed views of Lake Ontario and the Toronto skyline, from every window. The main living area has an open and spacious floor plan that is warm and inviting, while the newly renovated bathroom, in-suite laundry, and tasteful finishes add comfort and style throughout. The open balcony provides the perfect setting to enjoy breathtaking sunsets, morning coffee, or peaceful evenings by the water. This turn key home is ideally suited for downsizers, ready , rightsizing seniors, or anyone seeking a serene waterfront lifestyle -ready to just live and enjoy. Residents enjoy exceptional "resort-style" amenities, including a heated outdoor pool overlooking the lake, hot tub, sauna, gym, squash court, billiards, workshop, games room, community BBQs, party room, car wash, underground parking, and locker. Located just steps to the beach, waterfront trail, Confederation Park, and Baranga's on the Beach, with quick access to the QEW and Confederation GO Station, this is quiet lakeside living at its best.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,657.61/mo

Includes CMHC insurance ($14,452)

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5-yr fixed avg.

Principal: $466,200Interest: $316,630
Mortgage Amount$480,652
Total Interest$316,630
Est. Property Tax$367/mo
Total Cost$797,283

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

500 Green Road Unit 1701, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,880/mo
Range: $1,598 - $2,162
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$1,880
Maintenance Fees-$585
Property Tax (est.)-$367
Insurance (est.)-$108
Net Cash Flow+$820

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Competitive Pricing

At $576/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.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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 $2,158 (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.

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