$1,299,900 - 5374 Close Point Road Unit 6, Hamilton Township
Detached for Sale in Hamilton Township
71 days on market- MLS Number
- X12976786
- Property Type
- Detached
- Status
- active
- Days on Site
- 71
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Hamilton Township
- Listing Brokerage
- RE/MAX HALLMARK FIRST GROUP REALTY LTD.
Set along the picturesque shores of Rice Lake, this waterfront property offers a private setting surrounded by mature trees with beautiful, unobstructed views of the water and year-round recreational enjoyment. A true nature lover's paradise, the property is rich with wildlife, where regular sightings of turtles basking along the shoreline and blue herons gliding across the lake add to the sense of serenity and connection to the outdoors. The main living space is thoughtfully designed to capture the natural beauty of its surroundings, featuring a large living room with a stunning wall of windows overlooking the lake, a vaulted pine-clad ceiling, and a cozy fireplace that adds warmth and character. The space flows seamlessly into the open-concept kitchen and dining area, complete with a peninsula prep counter, matching appliances, wood cabinetry, and a tile backsplash. The dining area opens to the spacious deck, perfect for summer entertaining and lakeside gatherings. A bright main-floor family room provides additional living space, while a guest bathroom and a convenient laundry room complete this level. Upstairs, two well-appointed bedrooms, a full bathroom, and a versatile office or reading nook offer comfortable accommodations with peaceful, treed and water views. The lower level extends the living space with a large rec room, workshop/utility area, and an additional guest bedroom, ideal for hosting family and friends. Outdoors, the expansive deck is perfectly positioned to take in the serene surroundings, offering a private retreat for relaxing, entertaining, and fully embracing refined waterfront living on Rice Lake.
Estimate your monthly payments for this property
Estimated Payment
$5,749.90/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 Township
Hamilton Township 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 Township
- •Convenient location in Hamilton Township
- •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 Township 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.
5374 Close Point Road Unit 6, Hamilton Township
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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
Premium Pricing
At $1182/sqft, this property is priced above the Hamilton Township average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 71 days on site, this property has exceeded the typical selling timeline for Hamilton Township. 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.
Detached Home Advantages
Detached homes in Hamilton Township are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
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 Township properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,416 (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.