19 Lake Avenue Unit 204, Hamilton

Price: $320,000

1 bedrooms, 1 bathrooms

900 sqft

Property Type: Condo

MLS#: X13804672

Lovely, spacious one bedroom suite with 906 sq ft in the Sara Calder Suites, a 55+ life-lease community. Located in the heart of Stoney Creek, close to many amenities. Modern flooring throughout. Bedroom with walk-in closet. In-suite laundry with storage. Gas, heat & A/C on individual meters. The condo fee is $462.06 and includes insurance, exterior maintenance, locker and water. The balcony has an enclosed sunroom area and features main patio access from sliding doors. Indoor parking spot included. Furnace and A/C: 2018. Owned Water Heater.

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active
New Listing
1/19

$320,000 - 19 Lake Avenue Unit 204, Hamilton

Condo for Sale in Hamilton

New — Listed 3 days ago

Neighbourhood: Stoney Creek

1Beds
1Baths
900Sq Ft
Condo

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Property Details
MLS Number
X13804672
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
1
Bathrooms
1
Square Feet
900 sqft
Neighbourhood
Hamilton
Locker
Exclusive
Exposure
South East
Balcony
Enclosed
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

Lovely, spacious one bedroom suite with 906 sq ft in the Sara Calder Suites, a 55+ life-lease community. Located in the heart of Stoney Creek, close to many amenities. Modern flooring throughout. Bedroom with walk-in closet. In-suite laundry with storage. Gas, heat & A/C on individual meters. The condo fee is $462.06 and includes insurance, exterior maintenance, locker and water. The balcony has an enclosed sunroom area and features main patio access from sliding doors. Indoor parking spot included. Furnace and A/C: 2018. Owned Water Heater.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,641.77/mo

Includes CMHC insurance ($8,928)

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5-yr fixed avg.

Principal: $288,000Interest: $195,602
Mortgage Amount$296,928
Total Interest$195,602
Est. Property Tax$227/mo
Total Cost$492,530

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: Stoney Creek

Discover Stoney Creek

Stoney Creek 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 Stoney Creek

  • 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

Stoney Creek 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

19 Lake Avenue Unit 204, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,880/mo
Range: $1,598 - $2,162
Cap Rate (ROI)
3.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,880
Maintenance Fees-$585
Property Tax (est.)-$227
Insurance (est.)-$67
Net Cash Flow+$1,001

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 $356/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Hamilton's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Efficient Living

At 900 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 Stoney Creek

I know Stoney Creek 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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    19 Lake Avenue Unit 204, Hamilton | $320,000 | Battaglia Team