58-515 North Service Road, Hamilton, ON
Lakeshore, Hamilton · MLS® X13219688
About this home
Welcome to this rare unobstructed waterfront upper-level stacked townhouse, offering breathtaking lake views and a highly sought-after lakeside lifestyle. Located in high demand, Seaside Village and boasting sleek modern finishes and breathtaking panoramic views of Lake Ontario this stunning unit is the perfect place to call home. Notable features include hardwood floors throughout bright open concept layout, and extra large living room with soaring vaulted ceilings and large window, offering unobstructed views of the lake. Dining room with walkout to a large private deck, modern kitchen featuring Granite counters, double Undermount sink and custom backsplash, a large primary bedroom with walk-in closet and stylish, remodeled ensuite bathroom with heated towel rack, step-in glass enclosed shower with rainfall showerhead and extra jets and the generous second bedroom serviced by a 4 piece bathroom. Photos virtually staged. Property currently tenanted. Tenant has signed an agreement to vacate the premises by July 31,2026. Monthly fee $557.08
Key facts
- Property type
- Condo Townhouse, Stacked Townhouse
- MLS®
- X13219688
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1200-1399
- Cross streets
- Fruitland and North Service Road
- Parking
- 1 garage · 2 parking (detached)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick Front, Vinyl Siding
- Maintenance
- $557/mo
- Exposure
- North East
- Property tax
- $4,319 / 2025
- Days on market
- 47
- Listing brokerage
- HOMELIFE OPTIMUM REALTY
Rooms
cathedral ceiling(s) · overlook water · gas fireplace
Tile Floor
cathedral ceiling(s) · overlook water · w/o to deck
ensuite bath · walk-in closet(s) · hardwood floor
Combined w/Laundry
Hardwood Floor
stainless steel appl · breakfast bar · granite counters
Listed at $699,000, this home is tracking about 3% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA. The number above is my independent estimate of value, not the asking price.
Priced above comparable homes overall, but the price per square foot ($538/sqft) is in line with the area, so you are paying for extra space rather than a premium.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $639K, a close match.
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 $582K
- Bathrooms −$15K
- Adjusts to $567K
That comparable adjusts to $567K; the $676K estimate above is the median of all 5 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. At 540 South Service is about a 4-minute walk away.
Total price vs nearby homes. Fair value about $676K, median of 5 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Primary suite: a key comfort and resale feature.
- Open-concept layout: modern, sought-after flow.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Currently tenanted: confirm the lease terms and vacant-possession timing before closing.
- Worth verifying
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 3% below the area average of $552/sqft.
25 days longer than the Hamilton average (22 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Lakeshore, Hamilton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: At 540 South Service, about 288 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $559,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,984
- Property tax
- $360
- Condo / maintenance fees
- $557
- Heating
- $0
- Estimated monthly cost
- $3,901
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $10,455
- Estimated closing costs
- $10,455
Plus your down payment of $139,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $179,046
- Principal paid down
- $71,214
- Interest paid
- $107,832
- Balance remaining
- $487,986
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE OPTIMUM REALTY. MLS®/PropTx.