$535,000
500 GREEN Road 509
Hamilton (Stoney Creek), Ontario
2bed2bath
condo in Hamilton (Stoney Creek)
Browse 22 active listings
Market Analysis
In Hamilton's Stoney Creek area, the condo market attracts a diverse demographic, from young professionals to retirees. Many young couples appreciate the modern amenities and low-maintenance lifestyle offered by condominiums, particularly those on scenic streets like King Street and Centennial Parkway. Retirees are also drawn to this community for its well-established services and friendly atmosphere, as well as the proximity to nature and tranquility away from the bustling city center. The balanced market conditions signal that buyers have options, which can accommodate both lifestyle seekers and investment-focused individuals looking for solid returns in a growing neighborhood.
Price Insights
With a median price of $499,999 and an average price around $517,378, buyers can expect to find a variety of condos that cater to different needs. For instance, a two-bedroom unit in a mid-rise building near Green Acres Park comes with spacious living areas and modern appliances, typically priced between $550,000 and $700,000. Meanwhile, first-time buyers might explore one-bedroom units on streets like Upper Mount Albion Road, starting around $400,000. These price points reflect not only the quality of living but also the opportunity for price appreciation in this vibrant community.
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About This Property Type
Condos in Hamilton (Stoney Creek) vary widely in style and size, ranging from contemporary high-rises to charming low-rise buildings. Newer constructions often feature open concept layouts, large windows, and amenities like fitness centers and rooftop terraces, particularly prominent in developments along Fruitland Road. Many condos provide secure parking and storage, catering to the needs of both young professionals and families. The blend of modern architecture with established residential neighborhoods creates a unique living environment that appeals to a range of buyers.
Location Highlights
Stoney Creek is renowned for its scenic vistas, particularly along the Niagara Escarpment, which offers exceptional hiking trails and outdoor activities. Residents enjoy easy access to local parks, such as Felker’s Falls Conservation Area, perfect for family outings or quiet afternoons. The community is served by convenient transit options, including the 22 Upper Gage bus route, connecting residents to the broader Hamilton area and beyond. Additionally, proximity to shopping centers like the SmartCentres on Queenston Road and reputable schools such as Queenston Elementary enhances the appeal of this vibrant community.
Investment Advice
Investing in a condo in Stoney Creek can be a wise decision given the area's balanced real estate market and steady demand. With the average price remaining relatively stable, buyers can be assured of a good return on investment. Additionally, the ongoing development projects and infrastructure improvements in Hamilton signal a positive trajectory for property values. As the city evolves and attracts more residents, condo owners can anticipate a robust rental market, making it an attractive option for both personal residence and investment.
Buying Tips
When searching for a condo in Stoney Creek, it's essential to prioritize your needs and preferences. Start by exploring neighborhoods like the upscale surroundings of the Stoney Creek Mountain area versus the more urban feel along King Street. Consider factors like proximity to public transit, schools, and amenities that matter to you. Be diligent in reviewing the condo fee structures, as they can significantly impact your monthly budget. Engaging with a local real estate agent who knows the area well can provide valuable insights and streamline your home-buying process.
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Frequently Asked Questions About Hamilton (Stoney Creek)
How many condos are for sale in Hamilton (Stoney Creek)?
There are currently 22 condos listed for sale in Hamilton (Stoney Creek) on this site. Listings are updated multiple times per day from CREA's DDF®.
How often are condo listings updated in Hamilton (Stoney Creek)?
Listings on this page are updated multiple times per day directly from CREA's DDF® (Data Distribution Facility). New listings typically appear within minutes of being added to the MLS® system.
What bedroom sizes are available for condos in Hamilton (Stoney Creek)?
Condos in Hamilton (Stoney Creek) are available in 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom configurations. Use the sidebar links to browse by bedroom count.