50-1115 Paramount Drive, Hamilton, ON
Stoney Creek, Hamilton · MLS® X13737202
About this home
In short
- Unit 50 at 1115 Paramount Drive presents an exceptional opportunity in Stoney Creek's established Heritage Green neighbourhood.
- At nearly 1,250 square feet, this townhouse offers generous proportions and an abundance of natural light throughout.
Unit 50 at 1115 Paramount Drive presents an exceptional opportunity in Stoney Creek's established Heritage Green neighbourhood. At nearly 1,250 square feet, this townhouse offers generous proportions and an abundance of natural light throughout. Three well-appointed bedrooms are bright and inviting, complemented by two bathrooms designed for the demands of family living. The updated kitchen is both refined and highly functional, featuring a built-in wall oven and microwave, gas cooktop and stainless steel appliances. Separate living and dining rooms provide distinct spaces for entertaining and everyday comfort, with the living room opening directly to the rear yard. Privacy is a defining feature of this residence. The fully fenced backyard is low maintenance by design and backs onto shared green space, ensuring no rear neighbours and an uninterrupted outlook that extends the sense of light and openness found indoors. Inside entry from the garage offers secure, sheltered access, while updated interior doors and newer flooring on the main level reflect a well-maintained interior. Highly regarded schools are close at hand, and access to the Lincoln Alexander and Red Hill Valley Parkways is direct and convenient. The newly opened Confederation GO terminal makes commuting to Toronto remarkably straightforward, and shopping, dining, parks and trails are all within minutes. A bright, private and thoughtfully updated home in one of Stoney Creek's most desirable communities. RSA.
Key facts
- Property type
- Condo Townhouse, 2-Storey
- MLS®
- X13737202
- Bedrooms
- 3
- Bathrooms
- 2 (1 half)
- Size
- 1200-1399 sq ft
- Cross streets
- Amberwood St
- Parking
- 1 garage · 2 parking (attached)
- Basement
- Finished, Full, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Metal/Steel Siding
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Maintenance
- $467/mo
- Exposure
- East West
- Property tax
- $3,450 / 2026
- Days on market
- 43
- Listing brokerage
- RE/MAX ESCARPMENT REALTY INC.
Rooms
4 Pc Bath
2 Pc Bath
Listed at $539,999. Going by how homes in Stoney Creek Mountain and the wider GTA have actually closed against their asking prices (about 97%, 10 local closings in 90 days), the likely sale price is near $526K, if it sells. A realistic range is $495K to $569K.
Independent value check: $707K. Without looking at the asking price, our model values the home itself about 31% above the ask (homes like it typically land between $658K and $743K).
Total price vs nearby homes. Likely closing about $526K, from 10 recent closings in this pocket.
The market behind the math:
Price per square foot: this home lists at $416/sqft against an area asking average of $443/sqft.
- Park / green-space backing. This home is described as backing onto a ravine or green setting, and the listing says so too. That privacy is priced into the comparison. What is actually behind the fence, and how the lot sits against it, is my in-person call.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.
It never sees the asking price. The 10 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $508K. Condition and finishes remain an in-person call.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Stoney Creek, so I widened the search to the surrounding area.
Based on 3 homes sold in this building over the past two years, plus 2 nearby in Stoney Creek Mountain, from 45 closings in Stoney Creek Mountain.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $393/sqft; this home lists at $416/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for condo townhouses in Hamilton: $545K in September 2026, down 7% from a year ago, on 430 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Hamilton as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $555K | 40 |
| November 2025 | $620K | 35 |
| December 2025 | $525K | 21 |
| January 2026 | $587K | 29 |
| February 2026 | $588K | 28 |
| March 2026 | $545K | 38 |
| April 2026 | $615K | 36 |
| May 2026 | $595K | 47 |
| June 2026 | $551K | 44 |
| July 2026 | $547K | 44 |
| August 2026 | $533K | 34 |
| September 2026 | $545K | 34 |
Neighbourhood & location
Stoney Creek, Hamilton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.
Mortgage amount $431,999 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,389
- Property tax
- $288
- Condo / maintenance fees
- $467
- Heating
- $0
- Estimated monthly cost
- $3,143
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $7,275
- Estimated closing costs
- $7,275
Plus your down payment of $108,000. 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
- $143,316
- Principal paid down
- $52,782
- Interest paid
- $90,534
- Balance remaining
- $379,217
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 numbersThe last 16 whole-home leases in Stoney Creek Mountain signed at a median of $2,728 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,643. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ESCARPMENT REALTY INC.. MLS®/PropTx.