$1,150,000 - 57 Riverwalk Drive, Hamilton
Townhouse for Sale in Hamilton
- MLS Number
- X13186918
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 17
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
This exceptional freehold end-unit townhouse offers the feel and privacy of a detached home with meticulous pride of ownership and countless upgrades throughout. Positioned on a premium ravine lot with no rear neighbours, this stunning home combines tranquility, space, and elevated design. From the moment you arrive, the curb appeal impresses with professional landscaping, upgraded exterior lighting, an extended interlock entryway, and modern hardscaping. The thoughtfully designed main floor exudes Architectural Digest vibes with a sophisticated open-concept layout perfect for everyday living and entertaining. The inviting living room is anchored by a sleek electric fireplace with a dramatic marble surround, creating a warm yet modern focal point. The chef-inspired eat-in kitchen features an oversized island with seating, stainless steel appliances, stone countertops, tiled backsplash, and an abundance of cabinetry and prep space. Flooded with natural light thanks to its end-unit positioning, the home offers an airy and expansive feel throughout. Upstairs, you'll find four generous bedrooms, including a beautifully designed primary ensuite bathroom with a stand alone shower and separate soaker tub. In addition, the Jack and Jill main bathroom adds convenience and comfort for growing families and guests alike. The unfinished lower level offers endless potential with a rare full above-grade walkout, rough-in for an additional bathroom, and space to create a recreation room, gym, office, or additional living quarters. Step outside to your private backyard retreat featuring an oversized composite deck with split staircase, sleek glass railings and privacy panel, premium vinyl privacy fencing, and a beautifully finished concrete patio below-perfect for entertaining or relaxing while overlooking the peaceful ravine setting.
Estimate your monthly payments for this property
Estimated Payment
$5,086.84/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
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.
57 Riverwalk Drive, 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 $575/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 17 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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Hamilton have shown strong appreciation as families seek more space.
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.
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 $4,792 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.