590 North Service Road Unit 50, Hamilton

Price: $559,900

2 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Townhouse

MLS#: X13174384

Welcome to Unit 50 at 590 North Service Road in Stoney Creek, a beautifully maintained and affordable home built in 2020, offering modern living in one of the city's most convenient and rapidly growing communities. Whether you're a first time buyer, young professional, downsizer, or investor, this home delivers the perfect combination of style, comfort, and location. Nestled in a prime Stoney Creek setting, this property offers stunning escarpment views and is located just moments from the lake, giving you the best of both natural beauty and urban convenience. Enjoy easy access to waterfront parks, walking and biking trails, local beaches, and scenic outdoor spaces while still being close to everything you need for day to day living. Inside, you'll find a modern layout designed for today's lifestyle with bright living spaces, contemporary finishes, and a welcoming atmosphere throughout. Built in 2020, this newer home provides peace of mind with updated construction, energy efficiency, and low maintenance living. The location is truly unbeatable. Situated near the popular Costco Plaza, you are just minutes away from shopping, restaurants, cafes, fitness centres, and everyday amenities. Commuters will appreciate the quick access to the QEW, Red Hill Valley Parkway, and major routes connecting you to Hamilton, Niagara, and the GTA. Offering incredible value in an exceptional location, Unit 50 at 590 North Service Road is your opportunity to enjoy modern living surrounded by convenience, nature, and breathtaking escarpment scenery.

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$559,900 - 590 North Service Road Unit 50, Hamilton

Townhouse for Sale in Hamilton

2Beds
2Baths
1,100 - 1,499Sq Ft
Townhouse
Property Details
MLS Number
X13174384
Property Type
Townhouse
Status
active
Days on Site
23
Bedrooms
2
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Hamilton
Listing Brokerage
EXP REALTY
Description

Welcome to Unit 50 at 590 North Service Road in Stoney Creek, a beautifully maintained and affordable home built in 2020, offering modern living in one of the city's most convenient and rapidly growing communities. Whether you're a first time buyer, young professional, downsizer, or investor, this home delivers the perfect combination of style, comfort, and location. Nestled in a prime Stoney Creek setting, this property offers stunning escarpment views and is located just moments from the lake, giving you the best of both natural beauty and urban convenience. Enjoy easy access to waterfront parks, walking and biking trails, local beaches, and scenic outdoor spaces while still being close to everything you need for day to day living. Inside, you'll find a modern layout designed for today's lifestyle with bright living spaces, contemporary finishes, and a welcoming atmosphere throughout. Built in 2020, this newer home provides peace of mind with updated construction, energy efficiency, and low maintenance living. The location is truly unbeatable. Situated near the popular Costco Plaza, you are just minutes away from shopping, restaurants, cafes, fitness centres, and everyday amenities. Commuters will appreciate the quick access to the QEW, Red Hill Valley Parkway, and major routes connecting you to Hamilton, Niagara, and the GTA. Offering incredible value in an exceptional location, Unit 50 at 590 North Service Road is your opportunity to enjoy modern living surrounded by convenience, nature, and breathtaking escarpment scenery.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,872.58/mo

Includes CMHC insurance ($15,621)

$
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5%10%50%

5-yr fixed avg.

Principal: $503,910Interest: $342,242
Mortgage Amount$519,531
Total Interest$342,242
Est. Property Tax$397/mo
Total Cost$861,773

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

590 North Service Road Unit 50, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$0
Property Tax (est.)-$397
Insurance (est.)-$117
Net Cash Flow+$1,686

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 $509/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 23 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.

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 $2,333 (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.

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    590 North Service Road Unit 50, Hamilton | $559,900 | Battaglia Team