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Listed 2 months ago

31 - 590 North Service Road

Lakeshore, Hamilton

$559,900

Condo Townhouse |
2 | 3 | 2 | 0
About this home

Experience contemporary lakeside living in this beautifully appointed, newer townhome, ideally situated just a short walk from Lake Ontario and nearby parks in the highly sought-after Fifty Point Waterfront Community. An exceptional opportunity for first-time home buyers, this move-in-ready home combines modern style, low-maintenance living, and a fantastic location. The bright and spacious main level features an inviting open-concept layout with a stylish kitchen showcasing a large granite island, granite countertops, stainless steel appliances, and ample cabinetry, flowing seamlessly into the generous living and dining areas. Enjoy a sun-filled terrace off the living room, a private balcony off the dining area, and a convenient 2-piece powder room. Upstairs, the spacious primary bedroom features a 3-piece ensuite and large walk-in closet, complemented by a well-proportioned second bedroom, 4-piece main bathroom, and convenient upper level laundry. Additional upgrades include pot lights and upgraded flooring, plus parking for two vehicles and a single-car garage with additional storage. Close to the lake, parks, trails, Costco, shopping, amenities, and major transportation routes, this impressive townhome offers first-time buyers the opportunity to enjoy modern homeownership in a desirable waterfront community.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Townhouse
StyleStacked Townhouse
Approx. Age6-10
Size1200-1399 sq. ft.
Maintenance Fees$411
LockerNone
BalconyOpen
ExposureSouth West
Parking TypeAttached
Parking Spaces2
Parking FeaturesMutual
Property Tax$3,361
mls© NumberX13678428
Listed ByRE/MAX ABOUTOWNE REALTY CORP.
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,866
Property tax
$280
Heat allowance
$150
Condo fees, half counted
$206
Housing costs
$3,501 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $111,980
25-yr amortization

Income needed

$108,000

gross annual household income

Payment at 4%
$2,356 / mo
Cash down
$111,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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