$1,199,990 - 85 Edgewater Drive Unit 10, Hamilton
Condo for Sale in Hamilton
49 days on market- MLS Number
- X13037660
- Property Type
- Condo
- Status
- active
- Days on Site
- 49
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,600 sqft
- Neighbourhood
- Hamilton
- Locker
- None
- Exposure
- East
- Balcony
- Juliette
- Listing Brokerage
- KELLER WILLIAMS COMPLETE REALTY
Welcome to waterfront living in the highly sought-after Fifty Point neighbourhood of Stoney Creek. This beautifully maintained 3-bedroom condo townhouse offers the perfect blend of lifestyle, comfort, and scenic views. With 2 full bathrooms and 2 half baths, there's plenty of space for both family living and entertaining. The true highlight of this home is its incredible connection to the water. Enjoy morning coffee or evening sunsets from not one, but two private balconies-one conveniently located off the kitchen and the other off the spacious primary bedroom. The fully finished walkout basement leads to a third bonus patio, creating multiple outdoor spaces all overlooking the water-ideal for relaxing, hosting, or simply taking in the view. Inside, the home has been well cared for, offering a move-in ready experience with a functional layout and generous living spaces throughout.For those seeking an elevated lifestyle, homeowners have the option to join the Newport Yacht Club. Membership offers the opportunity to dock your boat at a private slip, or simply enjoy the social atmosphere and amenities, including a large outdoor pool. Whether you're a boater or not, the club adds a unique and valuable lifestyle component-just a short walk along the water or one block from the road.Perfectly located, this home offers quick access to the QEW, making commuting to Niagara Falls or the GTA seamless. You're also just minutes from shopping, parks, and scenic hiking trails, allowing you to enjoy both convenience and the outdoors.This is a rare opportunity to own a waterfront home that delivers tranquility, lifestyle, and connectivity-all in one of Stoney Creek's most desirable communities.
Estimate your monthly payments for this property
Estimated Payment
$5,307.96/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.
85 Edgewater Drive Unit 10, 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 $750/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 49 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.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
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 $5,000 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.