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1 / 0
New1 hour ago

7 - 484 Millen Road

Lakeshore, Hamilton

$899,000

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

What if downsizing actually gave you more? More time, more freedom and a whole lot more lake. Welcome to Bal Harbour, Stoney Creek'sprestigious waterfront condominium community, where this 1,550 sq.ft. ground-floor residence makes everyday living easy and puts LakeOntario front and centre. Here, the lake follows you from room to room. The primary bedroom, kitchen and living/dining room all capturestunning, unobstructed views across Lake Ontario, an ever-changing backdrop from morning to night and season to season. Sliding doors fromboth the primary and living area lead to your private ground-floor patio, bringing those views even closer and giving you the perfect spot to sitoutside and take it all in. Directly in front of the unit is Bal Harbour's recently reconstructed multi-million-dollar breakwall and private sandybeach. Launch a kayak right from the beach, take a swim or connect to the waterfront trail next door for a walk or bike ride. Exceptionally cleanand move-in ready, the kitchen features quality wood cabinetry and newer high-end KitchenAid appliances, while fresh carpet updates the livingarea. The primary bedroom has a walk-in closet and ensuite, with a generous 2nd bedroom, additional 4-piece bathroom and main-floor laundrycompleting the level. The fully finished basement adds plenty of bonus space with a large rec room and another bathroom. An attached singlegarage, private driveway and additional designated parking space directly across from the unit take care of the cars. Heading south for thewinter? Lock the door and go. Staying home? You have one of the best seats on the lake waiting for you. Less maintenance, more freedom and awaterfront lifestyle that makes downsizing feel a whole lot more like upgrading.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Townhouse
StyleBungalow
Approx. AgeNot available
Size1400-1599 sq. ft.
Maintenance Fees$647
LockerNone
BalconyOpen
ExposureNorth
Parking TypeAttached
Parking Spaces2
Parking FeaturesNone
Property Tax$6,480
mls© NumberX14099386
Listed ByM. Marel Real Estate (1983) Inc
Building Insurance Included
Common Elements 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%
$4,601
Property tax
$540
Heat allowance
$150
Condo fees, half counted
$324
Housing costs
$5,615 / mo

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

Down payment20% · $179,800
25-yr amortization

Income needed

$173,000

gross annual household income

Payment at 4%
$3,783 / mo
Cash down
$179,800

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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