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Price Change$519,000

57 - 250 Magnolia Drive

Fessenden, Hamilton

$479,000

Condo Townhouse |
3 | 1 | 2 | 0
About this home

End-unit condo offering a rare, fully fenced private backyard with rear gate access-ideal for outdoor enjoyment, pets, or added privacy rarely found in condo living. This well-maintained, move-in ready home features a bright and spacious open-concept layout with a generous kitchen, dining area, and inviting living room, making it perfect for everyday living and entertaining. A functional office nook provides a great bonus space for working from home, studying, or organizing daily life. Upstairs, you'll find three well-proportioned bedrooms with ample closet space and a clean, updated 4-piece bathroom. The home offers impressive storage throughout, making it highly practical for families or those needing extra space. The finished basement extends your living area with a cozy rec room, ideal for movie nights, a playroom, or additional lounge space, and includes convenient interior access to the attached single-car garage. Parking is easy with a private driveway space in addition to the garage, plus plenty of visitor parking nearby. Located in a highly desirable and family-friendly community, you're within walking distance to elementary and secondary schools, grocery stores, shopping, public transit, and everyday amenities. Enjoy nearby scenic trails along the ridge for walking, running, or biking. Just minutes to Ancaster Meadowlands, the Lincoln Alexander Parkway (Linc), and Highway 403 for easy commuting. A fantastic opportunity offering space, functionality, and location-excellent value in today's market.

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agent
Angela Montano
(647) 283-2643
TypeCondo Townhouse
Style2-Storey
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$538
LockerNone
BalconyNone
ExposureSouth
Parking TypeBuilt-In
Parking Spaces2
Parking FeaturesNone
Property Tax$3,827
mls© NumberX13008710
Listed ByM. Marel Real Estate (1983) Inc
Water Included
Building Insurance Included
Common Elements Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,452
Property tax
$319
Heat allowance
$150
Condo fees, half counted
$269
Housing costs
$3,190 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $95,800
25-yr amortization

Income needed

$98,000

gross annual household income

Payment at 4%
$2,016 / mo
Cash down
$95,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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