$1,449,900 - 174 Mountain Park Avenue Unit 2W, Hamilton
Condo for Sale in Hamilton
Neighbourhood: Eastmount
- MLS Number
- X13654610
- Property Type
- Condo
- Status
- active
- Days on Site
- 15
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 2,250 sqft
- Neighbourhood
- Hamilton
- Locker
- Owned
- Exposure
- North
- Balcony
- Terrace
- Listing Brokerage
- MICHAEL ST.JEAN REALTY INC.
Welcome to The Madison at 174 Mountain Park Avenue, one of Hamilton's most recognized and exclusive residences, ideally positioned along the edge of the Niagara Escarpment. Offering approximately 2,400 sq. ft. of luxurious wraparound living space, this exceptional residence is accessed by a private elevator and features three spacious bedrooms with walk-in closets and two spa-inspired full bathrooms. The open-concept layout seamlessly connects the custom kitchen, elegant dining area and expansive great room. The kitchen is beautifully appointed with abundant custom cabinetry, granite countertops, dual refrigeration, premium appliances and designer lighting. Captivating bay windows, a gas fireplace, and refined finishes add warmth and sophistication throughout. Step outside to an impressive 400 sq. ft. private terrace showcasing breathtaking views of the lake, escarpment and GTA perfect for entertaining or relaxing in complete privacy. With two underground parking spaces and extraordinary design details from top to bottom, this one-of-a-kind residence defines executive luxury living.
Estimate your monthly payments for this property
Estimated Payment
$6,413.40/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 Eastmount
Eastmount 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 Eastmount
- •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
Eastmount 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.
174 Mountain Park Avenue Unit 2W, Hamilton
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Rental income estimator & ROI calculator
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 $644/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 15 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.
About Eastmount
I know Eastmount 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.
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 $6,041 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.