$729,900 - 73 Medici Lane Unit 5, Hamilton
Townhouse for Sale in Hamilton
32 days on market- MLS Number
- X13134316
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 32
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
Welcome to 73 Medici Lane - an exceptional freehold end-unit townhouse by DiCenzo Homes offering the perfect blend of style, space, and low-maintenance living. Less than 10 years old and loaded with upscale finishes, this impressive 3-bedroom, 3-bathroom home showcases soaring 9-foot ceilings, rich hardwood flooring, and an airy open-concept layout designed for modern living and effortless entertaining. Expansive windows fill the home with natural light, while the cozy corner gas fireplace creates an inviting focal point in the spacious living area. The beautifully appointed kitchen features stainless steel appliances, granite countertops, a breakfast peninsula, and seamless flow into the dedicated dining area with walk-out access to the fully fenced corner-lot backyard - a rare outdoor retreat offering extra privacy and room to relax, garden, or entertain. The main floor also includes a stylish powder room and convenient inside access to the garage. Upstairs, the generous primary suite feels like a private escape with a walk-in closet and spa-inspired ensuite complete with a jetted soaker tub and separate shower. Two additional spacious bedrooms and a second full bathroom provide plenty of room for families, guests, or a home office setup. The unfinished basement offers endless potential to create additional living space tailored to your needs, with laundry already in place. With no condo fees, an exclusive private driveway, premium end-unit location, and a fantastic neighbourhood close to parks, schools, shopping, and commuter access, this turnkey home delivers outstanding value and sophisticated living in one remarkable package.
Estimate your monthly payments for this property
Estimated Payment
$3,744.77/mo
Includes CMHC insurance ($20,364)
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.
73 Medici Lane Unit 5, 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 $487/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 32 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.
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 4 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 $3,041 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.