860 Rymal Road Unit 48, Hamilton

Price: $539,900

3 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: X13168140

Don't miss this opportunity to own a beautifully renovated 2-storey condo townhouse offering 3 bedrooms plus a den/office and 3 bathrooms, including 2 full baths and a convenient main floor powder room, in a convenient and family-friendly Hamilton location. Bright main floor features hardwood flooring throughout the living and dining areas, with a walk-out to a fully fenced backyard-perfect for enjoying western exposure and afternoon sun. The kitchen includes a pantry and is equipped with fridge, stove, and microwave. Upstairs offers three well-sized bedrooms, all with hardwood flooring. The primary bedroom enjoys southern exposure and semi-ensuite access to a 3-piece bathroom, also accessible from the hallway for added convenience. The finished basement provides additional living space with a recreation area, den/office, laundry, and storage, along with an additional 3-piece bathroom. Ideal for families or those needing extra workspace. Recent updates include a new furnace (August 2025) and new front and patio doors (2022). Property includes a single attached garage with one additional driveway parking space. Located close to parks, schools, shopping, highway access, and other amenities, with a large open green space within the complex-perfect for kids to run, play, enjoy picnics, or play soccer. Pet-friendly complex. Free driveway salt provided by condo corporation. A must-see property. Book your private showing today.

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$539,900 - 860 Rymal Road Unit 48, Hamilton

Condo for Sale in Hamilton

3Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
X13168140
Property Type
Condo
Status
active
Days on Site
22
Bedrooms
3
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Hamilton
Locker
None
Exposure
South
Balcony
None
Listing Brokerage
ONE PERCENT REALTY LTD.
Description

Don't miss this opportunity to own a beautifully renovated 2-storey condo townhouse offering 3 bedrooms plus a den/office and 3 bathrooms, including 2 full baths and a convenient main floor powder room, in a convenient and family-friendly Hamilton location. Bright main floor features hardwood flooring throughout the living and dining areas, with a walk-out to a fully fenced backyard-perfect for enjoying western exposure and afternoon sun. The kitchen includes a pantry and is equipped with fridge, stove, and microwave. Upstairs offers three well-sized bedrooms, all with hardwood flooring. The primary bedroom enjoys southern exposure and semi-ensuite access to a 3-piece bathroom, also accessible from the hallway for added convenience. The finished basement provides additional living space with a recreation area, den/office, laundry, and storage, along with an additional 3-piece bathroom. Ideal for families or those needing extra workspace. Recent updates include a new furnace (August 2025) and new front and patio doors (2022). Property includes a single attached garage with one additional driveway parking space. Located close to parks, schools, shopping, highway access, and other amenities, with a large open green space within the complex-perfect for kids to run, play, enjoy picnics, or play soccer. Pet-friendly complex. Free driveway salt provided by condo corporation. A must-see property. Book your private showing today.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,769.97/mo

Includes CMHC insurance ($15,063)

$
$
5%10%50%

5-yr fixed avg.

Principal: $485,910Interest: $330,017
Mortgage Amount$500,973
Total Interest$330,017
Est. Property Tax$382/mo
Total Cost$830,990

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

860 Rymal Road Unit 48, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$382
Insurance (est.)-$112
Net Cash Flow+$1,646

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 $450/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 22 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.

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 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 $2,250 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    860 Rymal Road Unit 48, Hamilton | $539,900 | Battaglia Team