509 Southridge Drive, Hamilton

Price: $679,900

4 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: X13677496

Welcome to this spacious end-unit freehold townhome in Hamilton's desirable Southridge community, offering the feel and privacy of a semi-detached home with no condo fees. The executive floor plan features a unique split staircase, with the generous primary bedroom privately situated in its own section and complete with a walk-in closet and ensuite bath. Two additional well-sized bedrooms, another full bathroom and excellent closet space complete the upper level. The main floor offers separate living and dining areas, hardwood flooring, a bright eat-in kitchen, fireplace with oak surround and plenty of pot lights throughout. The finished basement provides a large recreation room, additional bedroom or home office, built-in shelving and valuable storage space. Outside, enjoy a fully fenced private yard, single-car garage and parking for up to three vehicles. Currently tenant occupied, this property is an excellent opportunity for investors or buyers looking to make this spacious home their own.

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$679,900 - 509 Southridge Drive, Hamilton

Townhouse for Sale in Hamilton

Popular Listing

Neighbourhood: Mountview

4Beds
3Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
X13677496
Property Type
Townhouse
Status
active
Days on Site
9
Bedrooms
4
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Hamilton
Listing Brokerage
THE REAL ESTATE BOUTIQUE BROKERAGE, INC.
Description

Welcome to this spacious end-unit freehold townhome in Hamilton's desirable Southridge community, offering the feel and privacy of a semi-detached home with no condo fees. The executive floor plan features a unique split staircase, with the generous primary bedroom privately situated in its own section and complete with a walk-in closet and ensuite bath. Two additional well-sized bedrooms, another full bathroom and excellent closet space complete the upper level. The main floor offers separate living and dining areas, hardwood flooring, a bright eat-in kitchen, fireplace with oak surround and plenty of pot lights throughout. The finished basement provides a large recreation room, additional bedroom or home office, built-in shelving and valuable storage space. Outside, enjoy a fully fenced private yard, single-car garage and parking for up to three vehicles. Currently tenant occupied, this property is an excellent opportunity for investors or buyers looking to make this spacious home their own.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,488.24/mo

Includes CMHC insurance ($18,969)

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5-yr fixed avg.

Principal: $611,910Interest: $415,593
Mortgage Amount$630,879
Total Interest$415,593
Est. Property Tax$482/mo
Total Cost$1,046,472

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: Mountview

Discover Mountview

Mountview 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 Mountview

  • 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

Mountview 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

509 Southridge Drive, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
4.3%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$0
Property Tax (est.)-$482
Insurance (est.)-$142
Net Cash Flow+$2,456

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 $453/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.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Hamilton. Good resale value as demand remains consistent.

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 Mountview

I know Mountview 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 $2,833 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    509 Southridge Drive, Hamilton | $679,900 | Battaglia Team