$374,999

For saleJust listed

#518 125 Shoreview Place, Hamilton (Lakeshore) - Single Family for Sale

#518 125 Shoreview Place, Hamilton (Lakeshore), Ontario, L8E0K3

1 bed1 bath1 parking650 ft²$548/mo condo feeListed 6 days ago

Overview

This 1-bedroom, 1-bathroom condo in Hamilton is for sale offering roughly 650 sq ft of space. Listed at $374,999, it is attractively priced about 33% below the $559,000 median asking price in Hamilton. It has been on the market 6 days, fresher than the Hamilton average of 54 days.

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Description

Welcome to Sapphire Condominiums on Lake, one of Stoney Creek's most popular waterfront communities. This bright open concept floor plan offers 1 BEDROOM PLUS DEN with large windows and 9ft ceilings. Everything you need is here: well appointed kitchen that includes stainless steel appliances and convenient breakfast bar and flows into the living/dining areas with a walk out balcony overlooking greenspace with a panoramic view of the area. The primary bedroom has a walk-in closet, and the bonus den works perfectly as a home office or flex space. Enjoy step saving in suite laundry. The underground parking saves scraping the windshield on a cold winter day and is conveniently located close to the elevator. Even better the storage locker is on the same level as the suite. Building amenities include a fitness centre and a rooftop terrace with amazing views of Lake Ontario and the Toronto skyline. The BEST PART of living here is the fabulous location just steps to the lake, trails, parks, and beaches. Minutes to the QEW, shops, Go station and restaurants. Great for the first time buyer, downsizer, or investor. (id:66096)

Property Details

MLS®: X14128860
Property Type: Single Family
Zoning: P4,RM3-55
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Waterfront: Yes
Condo Fee: $548/mo
Fee Includes: Common Area Maintenance, Heat, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $4,083.51/yr

Rooms

Main level

Kitchen: 2.31 x 2.44 meters
Living room: 3.3 x 4.52 meters
Primary Bedroom: 2.97 x 3.66 meters
Bathroom: 2.75 x 1.65 meters
Laundry room: 1.5 x 1 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Water meter, Dishwasher, Stove, Dryer, Microwave, Garage door opener remote(s)
Exterior: Concrete, Brick
Lot Features: Cul-de-sac, Elevator, Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Hamilton (Lakeshore) listings, avg age

54d

Price / ft²

$577

List price

$375K

Haho

This 1-bed single family in Hamilton (Lakeshore) has been listed for 6 days, which is 48 days fresher than the city average of 54. Act while there is still low competition.

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Listed by STICKS & BRICKS REALTY LTD. · Sandra Vant

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L8E)

This home lists at $374,999, about 4.1× the local median household income of $91,000.

Carrying it typically needs a household income of about $73,250 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $91,000
Population: 41,927
Median age: 41.2
Owner / renter: 71% / 29%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA L8E)

$374,999· $577/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $18,749.95

Min 5%50%

Mortgage payment$1,975/mo

↳ CMHC premium ($14,250 capitalized)

Property tax (est.)$340/mo

Condo fee$548/mo

Total monthly$2,863

Cash Needed to Close

Down payment (5%)$18,750

Land transfer tax$4,100

Est. closing costs$3,625

Total cash needed$26,475

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