$619,000 - 500 Green Road Unit 1406, Hamilton
Condo for Sale in Hamilton
38 days on marketNeighbourhood: Lakeshore
- MLS Number
- X13572946
- Property Type
- Condo
- Status
- active
- Days on Site
- 38
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Hamilton
- Locker
- Exclusive
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- MARTIN GROUP
Welcome to Suite 1406 at The Shoreliner-a beautifully updated 2-bed + den waterfront condo offering "house-sized" living with unobstructed Lake Ontario views from every room! This bright layout features an open living/dining area with crown moulding, a renovated kitchen with maple cabinetry and pantry, and an east-facing balcony for morning sunrises and shaded afternoons. French doors open to a versatile den (ideal home office or 3rd bedroom). The primary suite includes a walk-in closet, 2-pc ensuite, and sweeping water views. Complete with laminate/ceramic flooring, in-suite laundry, and a main bath with a soaker tub. Enjoy resort-style amenities: heated outdoor pool overlooking the lake, gym, sauna, hot tub, squash court, billiards, workshop, gas BBQs, and party rooms. The virtually all-inclusive condo fee covers everything, including cable TV. Steps to the sandy beach, 8km Waterfront Trail, Confederation Park, and Baranga's on the Beach, with quick QEW and Confederation GO access. Ideal for rightsizing or small families seeking serene lakeside living with urban convenience!
Estimate your monthly payments for this property
Estimated Payment
$3,175.79/mo
Includes CMHC insurance ($17,270)
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 1406, 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 $619/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 38 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 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 $2,579 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.