$579,900 - 500 Green Road Unit 1118, Hamilton
Condo for Sale in Hamilton
Neighbourhood: Lakeshore
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- MLS Number
- X13788486
- Property Type
- Condo
- Status
- active
- Days on Site
- 22
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Hamilton
- Taxes (2026)
- $3,160
- Maintenance Fees
- $965/mo
- Locker
- Exclusive
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
Experience resort like living at it's finest with endless amenities & with nearly all inclusive condo fees - a RARE FIND! Beautifully updated throughout with stunning lake and sunset views from your suite, this 2 Bedroom + Den, 1.5 bath Luxury Waterfront condo is nestled directly on the shores of Lake Ontario and features a sprawling floorplan + enjoy stunning panoramic lake views and breathtaking views of the evening skies on the outdoor terrace complete with a heated inground pool! Featuring an open concept floorplan tastefully renovated throughout including luxurious flooring, modern chef's kitchen w/ granite countertops, custom cabinetry, pantry & stainless steel appliances and large custom island with accent lighting that overlooks the spacious entertaining areas including a large living room, separate dining room and large den. The bright and spacious primary retreat is flooded w/ natural lighting & features a large walk-in closet & modern 2pc bath w/ marble countertops. A 2nd spacious bedroom w/ large windows and closet, renovated 4pc bath w/ marble countertops & in-suite laundry complete this elegantly appointed suite. Step out to the large and private balcony, offering exceptional scenic views! The "Shoreliner" offers premium building amenities: heated outdoor pool, fitness room, hot tub, sauna, workshop, BBQ area, party room, workshop & more! Steps from Lake Ontario, parks, waterfront trails from Stoney Creek to Burlington and mins to hwy access and GO Station. Don't miss out! Underground parking & 1 locker included. Condo fees include: Heat, Hydro, Water, Cable TV, Internet, Common Elements, Building Insurance, Parking, Locker & more! Don't miss out!
Estimate your monthly payments for this property
Estimated Payment
$2,975.19/mo
Includes CMHC insurance ($16,179)
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 Lakeshore
Lakeshore 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 Lakeshore
- •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
Lakeshore 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.
500 Green Road Unit 1118, 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 $580/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 22 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. The $965/month fees should cover building insurance, common elements, and reserve contributions.
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 Lakeshore
I know Lakeshore 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 $2,416 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.