51-2 Royalwood Court, Hamilton, ON

Stoney Creek, Hamilton · MLS® X13550980

$599,990
For Sale
Listed 7 days ago
Request a showing
◎ Directions
3Bedrooms
3Bathrooms
1Garage · 2 parking
1200-1399Sq Ft

About this home

Step into modern living with this beautifully appointed condo townhome located in the heart of Stoney Creek. Showcasing a fresh, contemporary design and a bright open-concept layout, this impressive home offers the perfect blend of style, comfort, and functionality. Thoughtfully designed living spaces are complemented by quality finishes, abundant natural light, and a seamless flow that's perfect for both everyday living and entertaining. Enjoy the convenience of a private outdoor space and an unbeatable location close to parks, schools, shopping, dining, transit, and major commuter routes. Ideal for families, professionals, or downsizers seeking a move-in-ready home in one of Stoney Creek's most desirable communities. This is modern, low-maintenance living at its finest

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
X13550980
Bedrooms
3
Bathrooms
3 (1 half)
Size
1200-1399
Cross streets
Highway 8/Royalwood
Parking
1 garage · 2 parking (attached)
Basement
Full, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick Veneer, Vinyl Siding
Foundation
Concrete
Roof
Asphalt Shingle
Maintenance
$396/mo
Exposure
South
Property tax
$2,879 / 2026
Days on market
7
Listing brokerage
MICHAEL ST.JEAN REALTY INC.

Rooms

Primary BedroomSecond4.01 × 5.03 m
KitchenMain2.57 × 3.51 m
BedroomSecond2.72 × 4.14 m
Living RoomMain3.33 × 7.49 m
BedroomSecond3.07 × 3.00 m
Dining RoomMain2.57 × 3.68 m
Moe’s TakeTeam Asgarian · Broker
In line
$593Kest. value

Listed at $599,990, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

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

Based on 24 similar homes nearby, adjusted for size, beds, and baths.Median of 24 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $417K, 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 $575K
  • Adjusts to $575K

That comparable adjusts to $575K; the $593K estimate above is the median of all 24 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 more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$555KGreat deal$615KOverpriced

Total price vs nearby homes. Fair value about $593K, median of 24 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.

  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$577kavg asking

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

47-1889 Upper Wentworth Street$600k2-30 Mia Drive$600k6-79 Braeheid Avenue$575k2-800 Paramount Drive$560k37-503 Highway 8 Street$550k

The 5 closest of 8 active listings nearby.

See all comparable homes
600kThis home600k600k575k560k550kThis home vs active comparables
Live market pulseActive comparables in Stoney Creek · median list $645K
$462this home / sqft
5active listings nearby
7days on market

This home lists 10% below the area average of $512/sqft.

15 days faster than the Hamilton average (22 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Stoney Creek, 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

0/ 100

Car-DependentA 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.

Almost all errands require a car.

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.

Lakeshore
$699K
Riverdale
$423K
Vincent
$425K
McQuesten
$530K
Parkview
$540K

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
$2,735/mo
$123KIncome needed
4.9×Price ÷ income
$631Weekly 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.

81%mortgage
Mortgage $2,735Property tax $240Condo fee $396Total carry $3,371

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)
$2,561per month

Mortgage amount $479,992 · 4.14% over 25 years

$119,998Down payment (20.0%)
$479,992Loan before insurance
$0CMHC premium
$3,197Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,561
Property tax
$240
Condo / maintenance fees
$396
Heating
$0
Estimated monthly cost
$3,197

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 $119,998. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,111/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

$288,433Total interest paid
$768,425Total of all payments
Principal $479,992 Interest $288,433
YearPrincipalInterestBalance
1$11,245$19,492$468,747
2$11,715$19,022$457,033
3$12,205$18,532$444,828
4$12,715$18,022$432,112
5$13,247$17,490$418,865
6$13,801$16,936$405,063
7$14,379$16,358$390,685
8$14,980$15,757$375,705
9$15,607$15,130$360,098
10$16,260$14,477$343,838
11$16,940$13,797$326,899
12$17,648$13,089$309,250
13$18,386$12,351$290,864
14$19,155$11,581$271,709
15$19,957$10,780$251,752
16$20,791$9,945$230,960
17$21,661$9,076$209,299
18$22,567$8,170$186,732
19$23,511$7,226$163,221
20$24,495$6,242$138,726
21$25,519$5,218$113,207
22$26,587$4,150$86,620
23$27,699$3,038$58,922
24$28,857$1,880$30,064
25$30,064$673$0

At the end of your 5-year term

Total paid over the term
$153,685
Principal paid down
$61,127
Interest paid
$92,558
Balance remaining
$418,865

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$4,100/mo
$49,200Gross annual rent
5.9%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.

8.2%
Gross yield
− Property tax $2,879− Condo fees $4,753− Insurance $600− Vacancy & upkeep $5,412Net operating income $35,556

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

CallRequest a showing