709-301 Frances Avenue, Hamilton, ON

Lakeshore, Hamilton · MLS® X13854174

$445,000
For Sale
Listed 13 days agoNo offer date stated
2+1Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • New listing with aggressive new pricing designed to grab eyeballs.
  • Pride of ownership in this spacious 2 bedroom plus den suite with serene lake views from the moment you step through the front door as well as from every room.
  • Approximately 1130 s.f., generous size living room opening to bright updated eat-in kitchen with ample counter and cupboard space, six appliances, breakfast/dining...
  • Good sized master bedroom includes a 2-piece ensuite with sizeable walk-in closet, 4-piece main bathroom, supplementary in-suite storage space.
  • Building amenities include outdoor pool, gym, sauna, party room, library & car wash bay.

New listing with aggressive new pricing designed to grab eyeballs! Pride of ownership in this spacious 2 bedroom plus den suite with serene lake views from the moment you step through the front door as well as from every room. Approximately 1130 s.f., generous size living room opening to bright updated eat-in kitchen with ample counter and cupboard space, six appliances, breakfast/dining room area, cozy den with new carpet, freshly painted through-out in warm neutral tones. Living room opens to a private covered balcony via sliding glass doors, perfect for relaxing & taking in waterfront views and the sunrise. Good sized master bedroom includes a 2-piece ensuite with sizeable walk-in closet, 4-piece main bathroom, supplementary in-suite storage space. Perfect for down-sizing or small family. Condo fee covers basically everything - Heat, Hydro, Air Conditioning, Water, Cable TV! Building amenities include outdoor pool, gym, sauna, party room, library & car wash bay. Ideally located close to major highways with quick access to everyday essentials, shopping, dining & more, all while enjoying peaceful lakefront living in the heart of the city. One underground parking & storage locker included.

Key facts

Property type
Condo Apartment, Apartment
MLS®
X13854174
Bedrooms
2+1 (3 total)
Bathrooms
2 (1 half)
Size
1000-1199 sq ft
Cross streets
North Service Road/Green Road
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Maintenance
$1,217/mo
Exposure
East
Property tax
$3,053 / 2026
Days on market
13
Listing brokerage
Trafalgar Real Estate Services Inc., Brokerage

Rooms

DenFlat2.95 × 2.69 m
Dining RoomFlat3.61 × 2.77 m
Primary BedroomFlat4.95 × 3.73 m
KitchenFlat2.82 × 2.72 m
Living RoomFlat6.12 × 3.56 m
BedroomFlat3.94 × 2.95 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$433Klikely sale price

Listed at $445,000. Going by how homes in Lakeshore 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 $433K, if it sells. A realistic range is $408K to $468K.

Independent value check: $558K. Without looking at the asking price, our model values the home itself about 25% above the ask (homes like it typically land between $519K and $587K).

List price
$408KBelow recent closings$468KAbove recent closings

Total price vs nearby homes. Likely closing about $433K, from 10 recent closings in this pocket.

The market behind the math:

10sold nearby · 90 days
$403Kmedian sold price
94%of asking, on average
−2%prices vs a year ago
~38 dayshomes like this take to sell
13days on market so far
$2,820/moest. rent · 60 leases
7.6%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.4 months of inventory: 8 condo apartment homes for sale in the area against 10 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $405/sqft against an area asking average of $539/sqft.

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 $446K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Primary suite: a key comfort and resale feature. Lifestyle

Based on 6 homes sold in this building over the past two years, from 93 closings in Lakeshore.

What sellers nearby are askingCurrently listed nearby · asking prices
$648kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $558K, which is where my estimate comes from.

Per square foot, these ask about $573/sqft; this home lists at $405/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
445kThis home469k584k799k740kThis home vs active comparables

Sold price trend

Median sold price for condos in Hamilton: $374K in September 2026, level with a year ago, on 366 closings in 12 months.

Oct 25Sep 26

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
MonthMedian soldClosings
October 2025$419K36
November 2025$374K21
December 2025$363K28
January 2026$375K29
February 2026$360K29
March 2026$399K33
April 2026$347K31
May 2026$368K41
June 2026$391K38
July 2026$370K39
August 2026$405K23
September 2026$374K18

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.

Nearby neighbourhoods

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

Stoney Creek
$462K
Stinson
$448K
Beasley
$343K
Corktown
$309K
Durand
$410K

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
$2,028/mo
$112KIncome needed
4.0×Price ÷ income
$468Weekly cost
$5,375Land transfer tax, one-time (Ontario)
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.

58%mortgage
Mortgage $2,028Property tax $254Condo fee $1,217Total carry $3,500

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,968per month

Mortgage amount $356,000 · 4.49% over 25 years

$89,000Down payment (20.0%)
$356,000Loan before insurance
$0CMHC premium
$3,440Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,968
Property tax
$254
Condo / maintenance fees
$1,217
Heating
$0
Estimated monthly cost
$3,440

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

One-time closing costs

Ontario land transfer tax
$5,375
Estimated closing costs
$5,375

Plus your down payment of $89,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,382/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

$234,516Total interest paid
$590,516Total of all payments
Principal $356,000 Interest $234,516
YearPrincipalInterestBalance
1$7,944$15,676$348,056
2$8,305$15,316$339,750
3$8,682$14,938$331,068
4$9,076$14,544$321,992
5$9,489$14,132$312,503
6$9,919$13,701$302,584
7$10,370$13,251$292,214
8$10,841$12,780$281,374
9$11,333$12,288$270,041
10$11,847$11,773$258,194
11$12,385$11,235$245,809
12$12,948$10,673$232,861
13$13,535$10,085$219,326
14$14,150$9,471$205,176
15$14,792$8,828$190,383
16$15,464$8,157$174,919
17$16,166$7,454$158,753
18$16,900$6,720$141,853
19$17,668$5,953$124,185
20$18,470$5,151$105,716
21$19,308$4,312$86,407
22$20,185$3,436$66,222
23$21,101$2,519$45,121
24$22,060$1,561$23,061
25$23,061$559$0

At the end of your 5-year term

Total paid over the term
$118,103
Principal paid down
$43,497
Interest paid
$74,606
Balance remaining
$312,503

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
From 60 whole-home leases in Lakeshore$2,820/mo
$33,840Gross annual rent
2.7%Cap rate after taxes and upkeep
$2,679 to $2,961Typical rent range
~40 daysTo find a tenant, on average

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

Talk about the numbers

The last 60 whole-home leases in Lakeshore signed at a median of $2,296 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,820. 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.

7.6%
Gross yield
− Property tax $3,053− Condo fees $14,604− Insurance $600− Vacancy & upkeep $3,722Net operating income $11,861

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Trafalgar Real Estate Services Inc., Brokerage. MLS®/PropTx.

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