$968,000 - 5427 Young Street Unit 440, Hamilton Township
Detached for Sale in Hamilton Township
New — Listed yesterday- MLS Number
- X13242164
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Hamilton Township
- Listing Brokerage
- RE/MAX Rouge River Realty Ltd.
On the coveted south shore of Rice Lake, unwind and relax year round in this thoughtfully re-imagined, special and soulful retreat. This light and bright 2 bedroom, 2 bathroom waterfront home offers lofted, beamed ceilings, custom trim and architecturally interesting details and finishes that are both chic and relaxed at the same time. The open concept main living space leads out to the patio overlooking the lake - where the sunsets need to be seen to be believed! The living room, anchored by a Scandinavian-inspired fireplace is open to the large kitchen with an oversized island that doubles as a dining spot, an abundance of storage and built-in oven and cooktop. Downstairs, the living space is expansive with high ceilings, an open common space featuring a custom bunk bed with two twin beds, custom desk, laundry space, a 5 piece bath with freestanding tub and 2 walk-out bedrooms. Just 20 minutes from the 401 and an hour east of the GTA, this property is easily accessible and worry free. Enjoy the 4 season recreational activities at your doorstep, away from the hustle and bustle of the city. Other features of note include: ICF foundation, in-floor heating in basement, built-in bluetooth speaker in ceiling upstairs, foam insulation, propane hookup for bbq, armour stone landscaping, 16 foot dock and more! Enjoy AND earn, if you choose, this property was designed with income potential in mind.
Estimate your monthly payments for this property
Estimated Payment
$4,966.34/mo
Includes CMHC insurance ($27,007)
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.
5427 Young Street Unit 440, Hamilton Township
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Rental income estimator & ROI calculator
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 $1383/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Hamilton Township'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.
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.
Efficient Living
At 700 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 Township properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,033 (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.