500 GREEN Road Unit 509, Hamilton

Price: $519,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X13725848

The Shoreliner - Beautiful Resort-Style Living! Stroll along the lake to the dog-friendly public beach, just minutes away, or enjoy the building's own pool overlooking beautiful Lake Ontario. This bright and spacious 2-bedroom condo offers a wonderful lifestyle surrounded by parks, playgrounds and trails, perfect for enjoying the outdoors in every season. The comfortable primary bedroom features a walk-through closet and convenient 2-piece ensuite, ideal for those early mornings or late nights. The second bedroom is perfect for guests, a home office or additional living space. Side-by-side in-suite laundry is an added bonus. The generous living and dining area provides plenty of room for entertaining, with a walkout to your private balcony where you can relax and take in the beauty of your surroundings-or cozy up by the electric fireplace. A versatile den off the dining area offers additional space for a home office, reading nook or hobby area. The kitchen features a breakfast bar that opens to the living area, making it ideal for entertaining family and friends or enjoying your morning coffee. The Shoreliner offers an array of amenities, be sure to explore the photos to see all that this wonderful building has to offer. Conveniently located close to shopping, restaurants, parks and other amenities, with easy access to the QEW. Welcome home to resort-style living by the lake!

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active

$519,000 - 500 GREEN Road Unit 509, Hamilton

Condo for Sale in Hamilton

38 days on market

Neighbourhood: Stoney Creek

2Beds
2Baths
1,000Sq Ft
Condo

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Property Details
MLS Number
X13725848
Property Type
Condo
Status
active
Days on Site
38
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Hamilton
Taxes (2026)
$3,240
Maintenance Fees
$866/mo
Locker
Ensuite+Exclusive
Exposure
North East
Balcony
Open
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

The Shoreliner - Beautiful Resort-Style Living! Stroll along the lake to the dog-friendly public beach, just minutes away, or enjoy the building's own pool overlooking beautiful Lake Ontario. This bright and spacious 2-bedroom condo offers a wonderful lifestyle surrounded by parks, playgrounds and trails, perfect for enjoying the outdoors in every season. The comfortable primary bedroom features a walk-through closet and convenient 2-piece ensuite, ideal for those early mornings or late nights. The second bedroom is perfect for guests, a home office or additional living space. Side-by-side in-suite laundry is an added bonus. The generous living and dining area provides plenty of room for entertaining, with a walkout to your private balcony where you can relax and take in the beauty of your surroundings-or cozy up by the electric fireplace. A versatile den off the dining area offers additional space for a home office, reading nook or hobby area. The kitchen features a breakfast bar that opens to the living area, making it ideal for entertaining family and friends or enjoying your morning coffee. The Shoreliner offers an array of amenities, be sure to explore the photos to see all that this wonderful building has to offer. Conveniently located close to shopping, restaurants, parks and other amenities, with easy access to the QEW. Welcome home to resort-style living by the lake!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,662.74/mo

Includes CMHC insurance ($14,480)

$
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5%10%50%

5-yr fixed avg.

Principal: $467,100Interest: $317,242
Mortgage Amount$481,580
Total Interest$317,242
Est. Property Tax$368/mo
Total Cost$798,822

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

500 GREEN Road Unit 509, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$866
Property Tax (est.)-$368
Insurance (est.)-$108
Net Cash Flow+$1,018

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 $519/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. The $866/month fees should cover building insurance, common elements, and reserve contributions.

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.

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 $2,163 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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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    500 GREEN Road Unit 509, Hamilton | $519,000 | Battaglia Team