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$550K · 2 bed Condo Townhouse · Red Hill, Hamilton | MyPropertyScout

$549,900

Unit 43

23Vacant

Map

$549,900

DOM11days

Unit 43

255 Mount Albion Road · Hamilton · Ontario L8K 6P8

MLS® X13446626 · Red Hill · L8K 6P8

23Vacant1200-1399 ft²Condo Townhouse1-car Attached11d$423/ft²$4,329 tax/yrBuilt 198541 yrs old

11 days on market

About this home

This stunning end-unit offers thoughtful upgrades, a functional layout, and a prime location within the complex. The main floor features upgraded hardwood flooring and a warm, inviting living area highlighted by a refreshed and refaced gas fireplace. The dining area flows seamlessly to the private rear patio, creating an ideal space for both everyday living and entertaining. A newly tiled entry adds a clean, modern welcome. Upstairs, the home offers well-kept bedrooms with continued hardwood flo…

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Property details

MLS#: X13446626
Status: Conditionally Sold
Beds: 2
Baths: 3 full, 0 half
Size: 1200-1399
Style: 2-Storey
Type: Condo Townhouse
Year built: —

Fireplaces: 1
Fireplace features: Natural Gas

Condo corp #: 145
Balcony: None
Locker: None
Fees include: Common Elements Included
Pets: Yes-with Restrictions

Garage: 1-car Attached
Garage spaces: 1
Parking: 3 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Waterfront: No
Exterior: Brick
Fronting on: —
Cross street: Greenhill Avenue & Mount Albion Road
Basement: Full, Partially Finished
Stories: 1
Utilities: —
Laundry: In-Suite Laundry
Interior: Auto Garage Door Remote
Parking features: Private

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Level	Room	Dimensions
Main	Living Room	3.02m × 5.03m
Main	Dining Room	2.44m × 3.43m
Main	Kitchen	2.46m × 3.66m
Main	Powder Room	1.12m × 1.88m
Second	Primary Bedroom	2.97m × 4.72m
Second	Bedroom	5.59m × 3.2m
Second	Bathroom	2.54m × 2.16m
Second	Bathroom	1.5m × 2.97m
Lower	Laundry	5.13m × 4.83m
Lower	Family Room	2.54m × 3.51m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: RE/MAX ESCARPMENT REALTY INC.

Source: TRREB/PROPTX · MLS® X13446626

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$550K

Unit 43 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $549,900✓ $4,329 tax✓ Gas✓ 1200-1399 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,902/mo

incl. closing costs (yr 1)

Annual total

$58,822

year 1

Mortgage only

$2,086/mo

principal + interest

Beyond mortgage

$1,735/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$109,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$361/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,300 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$5,499/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$40/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$7,473

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)43% $25,034/yr

Property taxes20% $11,802/yr

Utilities7% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $5,499/yr

Condo fees10% $5,827/yr

Closing costs9% $5,100/yr

Mortgage is 43% of your true cost of ownership. The other 57% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$25,034	$2,086/mo
Government & taxes
Property tax	$4,329	$361/mo
Land transfer tax(closing)	$7,473	$623/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$5,499	$458/mo
Condo fees
Condo / HOA fees	$5,827	$486/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$58,822	$4,902/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 43

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

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Annual costs