$659,000 - 2 Rideau Crescent, Hamilton
Detached for Sale in Hamilton
Neighbourhood: Lisgar
- MLS Number
- X13473750
- Property Type
- Detached
- Status
- active
- Days on Site
- 15
- Bedrooms
- 6
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- ROYAL LEPAGE CERTIFIED REALTY
Welcome to 2 Rideau Crescent, a charming three-level backsplit situated on a generous corner lot in Hamilton's desirable Lisgar community. This well-maintained home offers 3+3 bedrooms, two full Renovated bathrooms, a bright and inviting main living area, and a spacious kitchen ideal for everyday living. The lower level features a cozy family room, three additional bedrooms, and a separate entrance, providing excellent in-law or investment potential. Outside, enjoy the convenience of a detached single-car garage, parking for up to six vehicles, and a large private yard. Ideally located just steps from Lisgar Park, schools, shopping, and transit, this home offers both comfort and convenience. Whether you're a growing family or an investor. 2 Rideau Crescent presents an outstanding opportunity. Notable upgrades include a newer furnace, select updated windows, and a tankless water heater. Don't miss this gem on the Hamilton Mountain!
Estimate your monthly payments for this property
Estimated Payment
$3,381.01/mo
Includes CMHC insurance ($18,386)
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.
Modern Living in Nature's Embrace
Lisgar is a newer, master-planned community in northwest Mississauga, developed primarily in the 1990s and 2000s. The neighbourhood features modern homes, extensive parks, and excellent schools. Lisgar offers a suburban lifestyle with convenient access to highways and the new developments along the 401 corridor.
Why Live in Lisgar
- •Newer homes in modern designs
- •Extensive parks and green spaces
- •Top-rated schools
- •Highway 401 and 407 access
- •Growing retail and services
Nearby Schools
Transit & Commuting
- •MiWay bus connections
- •Close to Highway 401 and 407 ETR
- •Lisgar GO Station (proposed)
- •10-minute drive to Toronto Pearson Airport
Parks & Amenities
- •Lisgar Park
- •Churchill Meadows Community Centre
- •Multiple sports fields and playgrounds
- •Retail plazas along Britannia Road
- •Proximity to outlet malls
Lifestyle & Community
Lisgar offers modern suburban living with excellent amenities. The neighbourhood is perfect for families seeking newer homes and easy highway access.
2 Rideau Crescent, 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 $599/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.
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.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Hamilton.
About Lisgar
I know Lisgar 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 $2,746 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.