57 12th Concession Road Unit 705, Hamilton

Price: $339,900

1 bedrooms, 1 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: X12160906

Welcome to the serene setting at Fernbrook Resort, a 50+ lifestyle cottage atmosphere w/clubhouse amenities including an indoor & outdoor pool. This open concept 1-bedroom home sits on a premium pie-shaped lot faces a pond and backs on to a forest!! Home has been recently renovated (2020) from top to bottom, has a beautiful beach vibe, a must see!! Vinyl plank flooring throughout, Caesarstone countertops, top of line appliances. The kitchen is open to the dining room and family room - great for entertaining. The family room boast a beautiful gas(propane) fireplace, the dining room also has a wood-burning stove. 3-piece bathroom, laundry room. Sunny large front deck for enjoying your morning coffee. There are 2 sheds, one on the side of the property and one in the rear for storage. The clubhouse includes tennis courts, indoor pool, gym, outdoor pool, hot tub and suntan deck. Centrally located for quick access to QEW and 401, Waterdown, Hamilton, Guelph, Cambridge. Units cannot be financed or used as collateral for a loan. Lot fees are approx. $801/Month to be verified with park management which includes lot, taxes, water, water testing, and use of the resort amenities. Hydro, propane extra. Buyer must be approved by the Park.

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$339,900 - 57 12th Concession Road Unit 705, Hamilton

Detached for Sale in Hamilton

137 days on market
1Beds
1Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
X12160906
Property Type
Detached
Status
active
Days on Site
137
Bedrooms
1
Bathrooms
1
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Hamilton
Listing Brokerage
KELLER WILLIAMS EDGE REALTY
Description

Welcome to the serene setting at Fernbrook Resort, a 50+ lifestyle cottage atmosphere w/clubhouse amenities including an indoor & outdoor pool. This open concept 1-bedroom home sits on a premium pie-shaped lot faces a pond and backs on to a forest!! Home has been recently renovated (2020) from top to bottom, has a beautiful beach vibe, a must see!! Vinyl plank flooring throughout, Caesarstone countertops, top of line appliances. The kitchen is open to the dining room and family room - great for entertaining. The family room boast a beautiful gas(propane) fireplace, the dining room also has a wood-burning stove. 3-piece bathroom, laundry room. Sunny large front deck for enjoying your morning coffee. There are 2 sheds, one on the side of the property and one in the rear for storage. The clubhouse includes tennis courts, indoor pool, gym, outdoor pool, hot tub and suntan deck. Centrally located for quick access to QEW and 401, Waterdown, Hamilton, Guelph, Cambridge. Units cannot be financed or used as collateral for a loan. Lot fees are approx. $801/Month to be verified with park management which includes lot, taxes, water, water testing, and use of the resort amenities. Hydro, propane extra. Buyer must be approved by the Park.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,743.86/mo

Includes CMHC insurance ($9,483)

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5-yr fixed avg.

Principal: $305,910Interest: $207,766
Mortgage Amount$315,393
Total Interest$207,766
Est. Property Tax$241/mo
Total Cost$523,159

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

57 12th Concession Road Unit 705, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,100/mo
Range: $1,785 - $2,415
Cap Rate (ROI)
6.3%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,100
Maintenance Fees-$0
Property Tax (est.)-$241
Insurance (est.)-$71
Net Cash Flow+$1,788

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 $170/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.

Negotiation Opportunity

At 137 days on site, this property has exceeded the typical selling timeline for Hamilton. 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 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.

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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    57 12th Concession Road Unit 70… — $339,900 | Battaglia Team