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Listed 2 months ago

514 - 1936 Rymal Road E

Rural Glanbrook, Hamilton

$399,900

Condo Apartment |
1 | 1 | 1 | 1
About this home

One Bed Plus DEN. An incredible opportunity to purchase a brand new condo directly from the builder with all taxes included at a price point that is becoming increasingly hard to find. This is a rare chance to get into a thoughtfully designed, move-in-ready space in a growing community without the typical added costs. Located at PEAK Condos by Royal Living Development on the Upper Stoney Creek Mountain, the setting offers a nice balance of convenience and nature, directly across from the Eramosa Karst Conservation Area. The suite itself is a well-laid-out 1 Bedroom plus DEN giving it an open, comfortable feel. The finishes are clean and modern quartz counters, vinyl plank flooring, pot lights, and stainless steel appliances without feeling overdone. The primary bedroom has its own walk-in closet. The den is flexible and works well as a home office or an occasional guest area. It also includes the practical pieces that matter, underground parking, a storage locker, and in-suite laundry. The building offers a rooftop terrace with BBQs, a fitness room, party space, and bike storage, but what really stands out is how easy the location is, with quick highway access and everyday amenities close by. Overall, it's a smart, straightforward opportunity for someone looking for a new build at an approachable price, without the usual complexity.

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Got questions?

Contact Angela directly.

agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
Style1 Storey/Apt
Approx. Age0-5
Size600-699 sq. ft.
Maintenance Fees$443
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,421
mls© NumberX13422366
Listed ByROYAL LEPAGE REALTY PLUS OAKVILLE
Heat Included
Common Elements Included
Building Insurance Included
Parking Included
CAC 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%
$2,047
Property tax
$285
Heat allowance
$150
Condo fees, half counted
$222
Housing costs
$2,703 / mo

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

Down payment20% · $79,980
25-yr amortization

Income needed

$83,000

gross annual household income

Payment at 4%
$1,683 / mo
Cash down
$79,980

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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