1294 8th Concession Road Unit 40, Hamilton

Price: $314,900

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13704606

Welcome to 40 Hillside Crescent, located at 1294 8th Concession Road W in a welcoming adult-oriented community. This charming home offers an excellent opportunity for downsizers, first-time buyers, retirees, or anyone looking to simplify without sacrificing comfort and community. Enjoy the ease of low-maintenance living with everything you need in a comfortable, manageable space. Whether you're looking to leave the upkeep of a larger home behind, purchase your first property, or enjoy a more relaxed lifestyle, this home offers an inviting place to settle in and make your own. Surrounded by a friendly community atmosphere and the peaceful setting of rural Flamborough, you'll enjoy a lifestyle that combines tranquility, affordability and convenience. Spend less time worrying about home maintenance and more time enjoying the things that matter most. A wonderful opportunity to right-size your lifestyle and enjoy the next chapter in a community you'll be proud to call home.

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$314,900 - 1294 8th Concession Road Unit 40, Hamilton

Detached for Sale in Hamilton

45 days on market

Neighbourhood: Rural Flamborough

2Beds
1Baths
700 - 1,099Sq Ft
Detached

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Property Details
MLS Number
X13704606
Property Type
Detached
Status
active
Days on Site
45
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Hamilton
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

Welcome to 40 Hillside Crescent, located at 1294 8th Concession Road W in a welcoming adult-oriented community. This charming home offers an excellent opportunity for downsizers, first-time buyers, retirees, or anyone looking to simplify without sacrificing comfort and community. Enjoy the ease of low-maintenance living with everything you need in a comfortable, manageable space. Whether you're looking to leave the upkeep of a larger home behind, purchase your first property, or enjoy a more relaxed lifestyle, this home offers an inviting place to settle in and make your own. Surrounded by a friendly community atmosphere and the peaceful setting of rural Flamborough, you'll enjoy a lifestyle that combines tranquility, affordability and convenience. Spend less time worrying about home maintenance and more time enjoying the things that matter most. A wonderful opportunity to right-size your lifestyle and enjoy the next chapter in a community you'll be proud to call home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,615.60/mo

Includes CMHC insurance ($8,786)

$
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5%10%50%

5-yr fixed avg.

Principal: $283,410Interest: $192,484
Mortgage Amount$292,196
Total Interest$192,484
Est. Property Tax$223/mo
Total Cost$484,680

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: Rural Flamborough

Discover Rural Flamborough

Rural Flamborough 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 Rural Flamborough

  • •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

Rural Flamborough 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

1294 8th Concession Road Unit 40, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
8.0%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$223
Insurance (est.)-$66
Net Cash Flow+$2,111

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 45 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.

Detached Home Advantages

Detached homes in Hamilton are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

About Rural Flamborough

I know Rural Flamborough well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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.

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    1294 8th Concession Road Unit 40, Hamilton | $314,900 | Battaglia Team