57 Mericourt Road Unit 302, Hamilton

Price: $369,000

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: X13500624

The perfect home awaits! This beautifully maintained 2-bedroom, 1-bathroom home is ideal for first-time buyers, downsizers, students, or young professionals alike. From the moment you step inside, you'll appreciate the pride of ownership throughout. The bright and spacious living room is filled with natural light and flows seamlessly into the recently renovated, stylish kitchen, featuring crisp white cabinetry, tall upper cabinets, and plenty of storage. The functional layout continues with two generously sized bedrooms, both offering views of the escarpment. High ceilings create an open, airy feel, while updates throughout the home (flooring, paint, and a beautifully renovated bathroom) make it truly move-in ready. Conveniently located close to public transit, McMaster University, Dundas, Ancaster, shopping, restaurants, banks, and major highways. Outdoor enthusiasts will love being just minutes from the Bruce Trail, Tiffany Falls, Dundas Peak, Sherman Falls, and many other conservation areas. A fantastic opportunity in a sought-after location, one you won't want to miss!

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New Listing
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$369,000 - 57 Mericourt Road Unit 302, Hamilton

Condo for Sale in Hamilton

New — Listed 6 days ago

Neighbourhood: Ainslie Wood

2Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
X13500624
Property Type
Condo
Status
active
Days on Site
6
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Hamilton
Locker
Exclusive
Exposure
North West
Balcony
None
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

The perfect home awaits! This beautifully maintained 2-bedroom, 1-bathroom home is ideal for first-time buyers, downsizers, students, or young professionals alike. From the moment you step inside, you'll appreciate the pride of ownership throughout. The bright and spacious living room is filled with natural light and flows seamlessly into the recently renovated, stylish kitchen, featuring crisp white cabinetry, tall upper cabinets, and plenty of storage. The functional layout continues with two generously sized bedrooms, both offering views of the escarpment. High ceilings create an open, airy feel, while updates throughout the home (flooring, paint, and a beautifully renovated bathroom) make it truly move-in ready. Conveniently located close to public transit, McMaster University, Dundas, Ancaster, shopping, restaurants, banks, and major highways. Outdoor enthusiasts will love being just minutes from the Bruce Trail, Tiffany Falls, Dundas Peak, Sherman Falls, and many other conservation areas. A fantastic opportunity in a sought-after location, one you won't want to miss!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,893.16/mo

Includes CMHC insurance ($10,295)

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5-yr fixed avg.

Principal: $332,100Interest: $225,553
Mortgage Amount$342,395
Total Interest$225,553
Est. Property Tax$261/mo
Total Cost$567,948

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: Ainslie Wood

Discover Ainslie Wood

Ainslie Wood 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 Ainslie Wood

  • 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

Ainslie Wood 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

57 Mericourt Road Unit 302, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
4.8%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$261
Insurance (est.)-$77
Net Cash Flow+$1,472

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 $615/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Hamilton's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Efficient Living

At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

About Ainslie Wood

I know Ainslie Wood 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.

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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    57 Mericourt Road Unit 302, Hamilton | $369,000 | Battaglia Team