321-461 Green Road, Hamilton, ON

Lakeshore, Hamilton · MLS® X13146726

$369,900
For Sale
Listed 59 days ago
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1Bedrooms
1Bathrooms
1Garage
500-599Sq Ft

About this home

The Mauve Floorplan is a brand new 1-bedroom, 1-bathroom suite being sold directly by the builder, DeSantis Homes, offering 525 sq. ft. of interior living space plus a private balcony. Featuring $14,000 in premium upgrades, this unit offers pot lights, quartz countertops, modern appliances, and extended 100cm upper kitchen cabinetry. Underground parking and locker included. Residents enjoy premium amenities including a rooftop terrace with BBQs, dining and lounge areas, community gardens, club room, media lounge, studio space, art gallery corridor, dog spa, smart parcel lockers, EV charging stations, and more, all just minutes from the GO Station, lakefront trails, shopping, restaurants, and major highway access.

Key facts

Property type
Condo Apartment, Apartment
MLS®
X13146726
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
N Service Rd
Parking
1 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Foundation
Poured Concrete
Roof
Flat
Maintenance
$244/mo
Exposure
East
Property tax
$1 / 2025
Days on market
59
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

KitchenMain3.38 × 3.86 m
Living RoomMain3.58 × 3.10 m

Combined w/Dining

BathroomMain0.00 × 0.00 m

4 Pc Bath

Primary BedroomMain2.74 × 3.48 m
Moe’s TakeTeam Asgarian · Broker
Above comparables
$319Kest. value

Listed at $369,900, this home is about 16% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($673/sqft) is in line with the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Lakeshore, so I widened the search to the surrounding area.

Based on 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $0K, lower than the comparables and worth a second look.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $420K
  • Adjusts to $420K

That comparable adjusts to $420K; the $319K estimate above is the median of all 9 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. South Service at Green is about a 2-minute walk away.

List price
$300KGreat deal$370KOverpriced

Total price vs nearby homes. Fair value about $319K, median of 9 comparables.

Comparable listingsCurrently listed nearby · asking prices
$371kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

603-81 Robinson Street$359k823-212 King William Street$330k209-460 Dundas Street$420k608-212 King William Street$319k301-77 Leland Street$425k

The 5 closest of 8 active listings nearby.

See all comparable homes
370kThis home359k330k420k319k425kThis home vs active comparables
Live market pulseActive comparables in Lakeshore · median list $470K
$673this home / sqft
5active listings nearby
59days on market

This home lists 5% above the area average of $642/sqft.

44 days longer than the Hamilton average (15 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Lakeshore, Hamilton, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

45/ 100

Somewhat WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Some errands on foot, but most trips need a car.

🚉 Nearest transit: South Service at Green, about 168 m away

20+ transit stops2 grocery15 dining5 parks4 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Riverdale
$300K
Stoney Creek
$491K
Vincent
$345K
Beasley
$319K
Corktown
$296K

Typical asking price of active listings of the same type, per area (outliers removed). Hamilton.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$1,686/mo
$72KIncome needed
5.2×Price ÷ income
$389Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

87%mortgage
Mortgage $1,686Property tax $0Condo fee $244Total carry $1,930

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,579per month

Mortgage amount $295,920 · 4.14% over 25 years

$73,980Down payment (20.0%)
$295,920Loan before insurance
$0CMHC premium
$1,823Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,579
Property tax
$0
Condo / maintenance fees
$244
Heating
$0
Estimated monthly cost
$1,823

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$4,024
Estimated closing costs
$4,024

Plus your down payment of $73,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$1,918/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$177,822Total interest paid
$473,742Total of all payments
Principal $295,920 Interest $177,822
YearPrincipalInterestBalance
1$6,932$12,017$288,988
2$7,222$11,727$281,765
3$7,524$11,425$274,241
4$7,839$11,110$266,402
5$8,167$10,783$258,235
6$8,509$10,441$249,726
7$8,865$10,085$240,861
8$9,235$9,714$231,626
9$9,622$9,328$222,004
10$10,024$8,925$211,980
11$10,443$8,506$201,536
12$10,880$8,069$190,656
13$11,335$7,614$179,321
14$11,810$7,140$167,511
15$12,304$6,646$155,208
16$12,818$6,131$142,389
17$13,354$5,595$129,035
18$13,913$5,037$115,122
19$14,495$4,455$100,627
20$15,101$3,848$85,526
21$15,733$3,217$69,793
22$16,391$2,559$53,402
23$17,077$1,873$36,326
24$17,791$1,159$18,535
25$18,535$415$0

At the end of your 5-year term

Total paid over the term
$94,748
Principal paid down
$37,685
Interest paid
$57,063
Balance remaining
$258,235

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$1,700/mo
$20,400Gross annual rent
4.0%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

5.5%
Gross yield
− Property tax $1− Condo fees $2,923− Insurance $600− Vacancy & upkeep $2,244Net operating income $14,632

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ESCARPMENT REALTY INC.. MLS®/PropTx.

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