225 Lake Avenue, Unit 28, Hamilton, ON

$433,900
MLS#:X11884197
3 beds
2 baths
1000-1199 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of Riverdale. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $433,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1000-1199 sqft
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Three Wishes! Beauty, Convenience, Comfort. Appeals to all ages. Celebrate 2025 at your New address. Featuring: 3 Bdrm, 2 bath, recently remodelled END unit townhome. Benefits include: fresh durable paint, new flooring, light fixtures, bath. Front porch welcomes neighbours and friends.The kitchen makes every inch count, cozy, efficient with ample storage. Brand new fridge, stove will be included at closing. Be "comfy-cozy" in the inviting living room w/ wide windows. Finished basement could be rec. room, kids play area, family room or a home office plus extra storage area with laundry. Sturdy and easy to maintain new flooring through out. Lots of windows to soak up the sunlight. Private fenced backyard ideal for pet owners. Convenient to (shopping, bus, Go Station, schools, hwy access, 5 min to Confederation Beach). If you'd rather spend time with your loved ones, on hobbies and travel than cut grass or shovel snow, this townhome living is the answer. Condo fee covers: roof, windows, exterior doors, eavestroughs, landscaping, sidewalks, parking spaces.Tastefully decorated and ready to move in. Best of all- it can be yours. See today!

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Property Summary

This townhouse located at 225 Lake Avenue, Hamilton is currently for sale and has been available on SousaSells for 587 days. This property is listed at $433,900 with an estimated mortgage of $1,444* per month. It has 3 beds, 2 bathrooms, and is 1000-1199 square feet. 225 Lake Avenue, Hamilton is in the Riverdale neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJanuary 19, 2025
Sold price information is available to members only
Listed Date12/6/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style2-Storey
ConstructionBrick, Concrete
BasementFinished
CountyHamilton
Annual Tax$2,188

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Water Heater

Security Features

Community Features

Location

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225 Lake Avenue, Unit 28, Hamilton, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 225 Lake Avenue, Hamilton, ON L8E 1L6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Hamilton.

Configure Loan Settings

Interest Rate4.00%
Down Payment$130,170 (30.0%)
* Minimum Canadian down payment required for this price is $21,695.
Amortization Period30 Years
Estimated Monthly Payment$1,444Based on a loan of $303,730 over 30 years.
Purchase Price$433,900
Loan Amount$303,730
Provincial Land Transfer Tax:$5,153
Total Estimated Closing Taxes:$5,153

About Purchasing a Home in Hamilton, ON

For a property listed at $433,900 in Hamilton, the legal minimum down payment is $21,695 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $5,153 for this transaction. As this listing is in Hamilton (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $5,153.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Riverdale, Hamilton.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$579,139

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

St Agnes
Public80 Colcrest Street, Riverdale East, Hamilton, Ontario, L8E 3Y8
5.5
St David
Public33 Cromwell Crescent, Greenford, Hamilton, Ontario, L8G 2E9
5.4
Hillcrest
Public40 Eastwood Street, Mcquesten East, Hamilton, Ontario, L8H 6R7
5.4
Sir Wilfrid Laurier
Public70 Albright Road, Vincent, Hamilton, Ontario, L9H 0A3
3.9

Secondary Schools

Glendale
Public145 Rainbow Drive, Corman, Hamilton, Ontario, L8K 4G1
4.6

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.