5 Andruss Lane, Hamilton

Price: $699,000

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: X13472454

Move-In Ready Ancaster Townhouse with Finished Ground Level. New Professional paint all house. Beautiful 9-year-old townhouse offering approximately 1700 sq. ft. of living space including a finished ground level with a versatile 4th bedroom that can used as a Home office, or guest suite with walkout to the Backyard & Access to oversize 1.5 Garage. Enjoy 9-foot ceilings, an open-concept 2nd floor, granite countertops, and walkouts to both a private balcony and deck from the kitchen and Living Room room-perfect for entertaining. Stainless Steel Appliances. The spacious primary bedroom features a 2 closets, while the oversized 1.5 Garage-level with storage area provides exceptional functionality. Located just seconds from Highway 403 and minutes to shopping, restaurants, schools, Meadowlands Shopping Centre, and the Lincoln M. Alexander Parkway, this home is ideal for commuters, families, and professionals seeking convenience and modern living. Monthly POTL fee: $124.99

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$699,000 - 5 Andruss Lane, Hamilton

Townhouse for Sale in Hamilton

Neighbourhood: Meadowlands

3Beds
3Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
X13472454
Property Type
Townhouse
Status
active
Days on Site
16
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Hamilton
Listing Brokerage
RIGHT AT HOME REALTY
Description

Move-In Ready Ancaster Townhouse with Finished Ground Level. New Professional paint all house. Beautiful 9-year-old townhouse offering approximately 1700 sq. ft. of living space including a finished ground level with a versatile 4th bedroom that can used as a Home office, or guest suite with walkout to the Backyard & Access to oversize 1.5 Garage. Enjoy 9-foot ceilings, an open-concept 2nd floor, granite countertops, and walkouts to both a private balcony and deck from the kitchen and Living Room room-perfect for entertaining. Stainless Steel Appliances. The spacious primary bedroom features a 2 closets, while the oversized 1.5 Garage-level with storage area provides exceptional functionality. Located just seconds from Highway 403 and minutes to shopping, restaurants, schools, Meadowlands Shopping Centre, and the Lincoln M. Alexander Parkway, this home is ideal for commuters, families, and professionals seeking convenience and modern living. Monthly POTL fee: $124.99

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,586.23/mo

Includes CMHC insurance ($19,502)

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5-yr fixed avg.

Principal: $629,100Interest: $427,268
Mortgage Amount$648,602
Total Interest$427,268
Est. Property Tax$495/mo
Total Cost$1,075,870

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: Meadowlands

Discover Meadowlands

Meadowlands 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 Meadowlands

  • 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

Meadowlands 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

5 Andruss Lane, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,730/mo
Range: $2,321 - $3,139
Cap Rate (ROI)
3.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,730
Maintenance Fees-$0
Property Tax (est.)-$495
Insurance (est.)-$146
Net Cash Flow+$2,089

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 $466/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 16 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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Hamilton have shown strong appreciation as families seek more space.

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.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About Meadowlands

I know Meadowlands 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.

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    5 Andruss Lane, Hamilton | $699,000 | Battaglia Team