$610,000 - 800 Paramount Drive Unit 1, Hamilton
Condo for Sale in Hamilton
Neighbourhood: Stoney Creek Mountain
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- MLS Number
- X13783272
- Property Type
- Condo
- Status
- active
- Days on Site
- 23
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- Hamilton
- Taxes (2026)
- $3,896
- Maintenance Fees
- $500/mo
- Locker
- None
- Exposure
- East
- Balcony
- None
- Listing Brokerage
- RE/MAX REAL ESTATE CENTRE INC.
Welcome to Unit 1 at 800 Paramount Drive, a desirable end-unit townhome ideally situated in a quiet Valley Park cul-de-sac with a peaceful greenbelt setting. Offered for the first time in nearly two decades, this well-maintained home offers exceptional privacy, generous living space, and a convenient low-maintenance lifestyle. The inviting two-story foyer features a curved staircase and opens to spacious living and dining areas with beautiful hardwood flooring. The bright upper level offers three generously sized bedrooms, including a spacious primary bedroom complete with a full ensuite and walk-in closet. The fully finished basement provides excellent additional living space, ideal for a family room, recreation area, home office, or entertaining, along with a dedicated utility area and cold cellar. Enjoy the private rear deck and patio overlooking quiet common green space, providing a lovely setting for outdoor dining, morning coffee, or relaxing with family and friends. As an end unit, the home offers added privacy and an abundance of natural light. An attached garage and ample visitor parking add everyday convenience. Located close to conservation areas, restaurants, shopping, schools, and major transportation routes, including the Lincoln M. Alexander Parkway and Red Hill Valley Parkway. A wonderful opportunity to own a spacious end-unit home in a sought-after Valley Park community, combining comfort, privacy, and an excellent location.
Estimate your monthly payments for this property
Estimated Payment
$3,129.62/mo
Includes CMHC insurance ($17,019)
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 Stoney Creek Mountain
Stoney Creek Mountain 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 Mountain
- •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
Stoney Creek Mountain 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.
800 Paramount Drive Unit 1, 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 $436/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 23 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 $500/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 Stoney Creek Mountain
I know Stoney Creek Mountain 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 $2,542 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.