16-7 Southside Place, Hamilton, ON
Mountview, Hamilton · MLS® X13522528
About this home
Welcome to 7 Southside Place, Unit 16! This immaculate end-unit Somerset Model townhome offers approximately 2,330sq. ft. of finished living space and the perfect combination of space, comfort, privacy, and value! Featuring 3 bedrooms, 2.5 baths (including an ensuite!), and a bright open-concept layout, this beautifully maintained home showcases pride of ownership throughout! Enjoy a spacious family-sized kitchen with extended cabinetry, stainless steel appliances, under-cabinet lighting, updated backsplash, dinette area, and walk-out to a fully fenced private backyard complete with interlocking patio and stunning 10' x 12' hardtop gazebo! The main level also features an open concept and welcoming great room with corner gas fireplace, formal dining area, beautiful hardwood flooring and a convenient 2-piece bath! Upstairs, the primary retreat boasts two walk-in closets and a 4-piece ensuite with jetted soaker tub and separate shower! Two additional bedrooms and a second full bath complete the upper level. The finished lower-level bonus room provides flexible space for a family room, home office, gym, den, or potential guest bedroom. Additional features include inside entry from the attached garage, separate laundry room, central vacuum, ample storage, newer furnace, air conditioner and roof! All of the expensive items are updated! With additional driveway parking (visitor parking is also conveniently located across the street!) and incredibly low condo fees that include lawn care, windows, and exterior doors, this is a must see! Ideally located close to schools, parks, shopping, transit, and major highways. Enjoy all the conveniences of nearby Ancaster without the Ancaster price tag! Ideally located close to schools, parks, shopping, transit, and major highways! Finding an immaculate end-unit home with this much living space, privacy, storage, and value is becoming increasingly rare! If you've been waiting for the right home, this is one you won't want to miss!
Key facts
- Property type
- Condo Townhouse, Multi-Level
- MLS®
- X13522528
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 1800-1999
- Cross streets
- Southridge Rd.
- Parking
- 1 garage · 2 parking (attached)
- Basement
- Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Vinyl Siding, Brick
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Maintenance
- $340/mo
- Exposure
- South
- Property tax
- $5,746 / 2026
- Days on market
- 13
- Listing brokerage
- ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Rooms
walk-in closet(s) · laminate
open concept · hardwood floor
large window · laminate
4 Pc Bath
2 Pc Bath
walk-in closet(s) · laminate
large closet · access to garage
4 Pc Ensuite
walk-in closet(s) · laminate · 4 pc ensuite
Laminate
eat-in kitchen · pantry · w/o to garden
stainless steel appl · updated · granite counters
hardwood floor · open concept · fireplace
large window · laminate
Listed at $600,000, this home is tracking about 27% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.
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 89 similar homes nearby, adjusted for size, beds, and baths.Median of 89 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $871K, 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 $460K
- Bedrooms −$30K
- Bathrooms +$15K
- Adjusts to $445K
That comparable adjusts to $445K; the $822K estimate above is the median of all 89 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, this is a very walkable address with everyday errands close by. CHEDMAC opposite SOUTHRIDGE is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $822K, median of 89 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.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Primary suite: a key comfort and resale feature.
- Open-concept layout: modern, sought-after flow.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 28% below the area average of $440/sqft.
9 days faster than the Hamilton average (22 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Mountview, Hamilton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very 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.
Most daily errands can be done on foot.
🚉 Nearest transit: CHEDMAC opposite SOUTHRIDGE, about 212 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 $480,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,561
- Property tax
- $479
- Condo / maintenance fees
- $340
- Heating
- $0
- Estimated monthly cost
- $3,380
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $8,475
- Estimated closing costs
- $8,475
Plus your down payment of $120,000. 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
- $153,687
- Principal paid down
- $61,128
- Interest paid
- $92,559
- Balance remaining
- $418,872
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 ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES. MLS®/PropTx.