$796,000 - 54 Oakhaven Place, Hamilton
Condo for Sale in Hamilton
43 days on market- MLS Number
- X13064240
- Property Type
- Condo
- Status
- active
- Days on Site
- 43
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,600 sqft
- Neighbourhood
- Hamilton
- Lot Size
- 330,075 sqft
- Locker
- None
- Exposure
- West
- Balcony
- Enclosed
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Welcome to 54 Oakhaven Place, a bright and spacious 3-bedrooms semi-detached home backing onto greenspace! Located in the highly sought-after Meadowlands in Ancaster with quick ease of highway access and shopping. This beautiful and spacious home is almost 1700square foot and is tastefully renovated with modern décor, well maintained and ready to move into and enjoy. You can relax on the rear deck that is featured with automated awning as you watch the sunrise, deer and wildlife pass by. This home iS perfect for any family with its open concept main floor kitchen island, modern appliances, hardwood flooring, main floor laundry room, 1.5 garage, driveway parking for 2 vehicles, and walkout basement that is fully finished with partial kitchen, dining room and family room. Some of the upgrades/ updates includes; new water heater ( 2-3 years), granite counter top, California shutters on all windows including basement, new microwave purchased in 2024, new stove induction purchased in 2024, garage shelving and work bench, and new garage door & new entrance pad that was installed in 2024.
Estimate your monthly payments for this property
Estimated Payment
$4,083.89/mo
Includes CMHC insurance ($22,208)
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.
54 Oakhaven Place, 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 $498/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 43 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.
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.
Bathroom Count Matters
With 3 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 $3,317 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.