53 Larraine Avenue, Hamilton

Price: $599,900

4 bedrooms, 2 bathrooms

1,400 sqft

Property Type: Condo

MLS#: X13129442

Welcome to this spacious and well maintained home located in the much sought after town of Dundas. Perfect for first time buyers, investors or families and is move in ready! This lovely 4 natural bedroom home has a functional layout and boasts many updates throughout. The main level includes an eat in kitchen with built in appliances that allows room for the whole family. The formal dining room is perfect for entertaining and overlooks the living room with its high ceilings, beautiful wood floors and bright windows. Step outside the back door to a fully fenced yard (2026) complete with a patio for your summer BBQ's. Upstairs there are 4 generously sized bedrooms with newer laminate floors and an updated 4 pc bathroom. The lower level includes a finished recreation room, additional bathroom and a separate laundry room. Never worry about parking again with this long, paved driveway with up to 3 car parking plus an attached garage for convenience. This spectacular condo is located across from the park and walking distance to quaint downtown Dundas. Enjoy the many amenities just minutes away like golfing, parks, trails, shopping, schools, arenas, sports fields and more. Also note that this home is only 15 minutes from McMaster University,

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$599,900 - 53 Larraine Avenue, Hamilton

Condo for Sale in Hamilton

4Beds
2Baths
1,400Sq Ft
Condo
Property Details
MLS Number
X13129442
Property Type
Condo
Status
active
Days on Site
30
Bedrooms
4
Bathrooms
2
Square Feet
1,400 sqft
Neighbourhood
Hamilton
Locker
None
Exposure
South West
Balcony
None
Listing Brokerage
ROYAL LEPAGE NRC REALTY
Description

Welcome to this spacious and well maintained home located in the much sought after town of Dundas. Perfect for first time buyers, investors or families and is move in ready! This lovely 4 natural bedroom home has a functional layout and boasts many updates throughout. The main level includes an eat in kitchen with built in appliances that allows room for the whole family. The formal dining room is perfect for entertaining and overlooks the living room with its high ceilings, beautiful wood floors and bright windows. Step outside the back door to a fully fenced yard (2026) complete with a patio for your summer BBQ's. Upstairs there are 4 generously sized bedrooms with newer laminate floors and an updated 4 pc bathroom. The lower level includes a finished recreation room, additional bathroom and a separate laundry room. Never worry about parking again with this long, paved driveway with up to 3 car parking plus an attached garage for convenience. This spectacular condo is located across from the park and walking distance to quaint downtown Dundas. Enjoy the many amenities just minutes away like golfing, parks, trails, shopping, schools, arenas, sports fields and more. Also note that this home is only 15 minutes from McMaster University,

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,077.80/mo

Includes CMHC insurance ($16,737)

$
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5%10%50%

5-yr fixed avg.

Principal: $539,910Interest: $366,692
Mortgage Amount$556,647
Total Interest$366,692
Est. Property Tax$425/mo
Total Cost$923,339

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

53 Larraine Avenue, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,480/mo
Range: $2,958 - $4,002
Cap Rate (ROI)
4.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,480
Maintenance Fees-$910
Property Tax (est.)-$425
Insurance (est.)-$125
Net Cash Flow+$2,020

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, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $429/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.

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.

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.

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 $2,500 (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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    53 Larraine Avenue, Hamilton — $599,900 | Battaglia Team