$619,000 - 9 Gates Lane, Hamilton
Condo for Sale in Hamilton
105 days on market- MLS Number
- X12782170
- Property Type
- Condo
- Status
- active
- Days on Site
- 105
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 1,000 sqft
- Neighbourhood
- Hamilton
- Locker
- None
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- Keller Williams Edge Realty
Welcome to St. Elizabeth Village, a gated 55+ adult lifestyle community known for its vibrant, social atmosphere and resort style amenities. Designed for comfortable downsizing and maintenance free living, this spacious 2-bedroom bungalow townhouse offers approximately 1,156 sq ft of bright single level living with a thoughtful layout. Open concept kitchen and living areas sit at the front of the home, where the kitchen features full-height cabinetry with excellent storage, stainless steel appliances, under cabinet lighting, generous prep space, and a skylight, opening into a spacious living area filled with natural light. A rear sunroom walks out to a private backyard with patio space and peaceful greenspace views. The primary bedroom offers excellent storage, while the updated bathroom features a walk-in shower designed with comfort and accessibility in mind. A convenient laundry closet off the kitchen adds everyday functionality. Located on a quiet, well-maintained street with ample parking, the home offers easy year-round access with snow removal and landscaping handled for you. Monthly fees include property taxes, exterior maintenance, water, cable, internet, HVAC servicing, lawn care, and full access to community amenities, offering true peace of mind and simplified living. Residents enjoy an active and welcoming environment with an indoor heated pool, fitness centre, saunas, golf simulator, clubhouse, workshops, and organized events. Social clubs include coffee hour, shuffleboard, knitting groups, poker nights, regular outings and trips, among many other resident activities, complemented by scenic ponds, shuttle services, on site pharmacy and medical supports, and a bus stop within the Village. A safe, friendly community designed for relaxed living and meaningful connection.
Estimate your monthly payments for this property
Estimated Payment
$3,175.79/mo
Includes CMHC insurance ($17,270)
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.
9 Gates Lane, 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 $619/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 105 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.
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 $2,579 (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.