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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X13797290For SaleCondo Townhouse

57-250 Magnolia Dr

Fessenden, Hamilton, Ontario L9C 6M3

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57-250 Magnolia Dr, Hamilton, photo 1
Asking$425,000
Bedrooms
3
Bathrooms
1
Size
1,000–1,199sq ft
Per sq ft
$387at the range’s middle
Tax a year
$3,8272025 tax year
Parking
21 built-in
Days on market
Members

The brief

About 57-250 Magnolia Dr

57-250 Magnolia Dr is a 3-bedroom, 1-bathroom condo townhouse in Fessenden, Hamilton, listed for sale at an asking price of $425,000 (MLS® X13797290).

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.

Insights

  • Condition Score

    Good

    1 documented update signal

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Near break-even

    −$71/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 20 condos with 3 bedrooms for lease in Hamilton right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$3,827 / 2025
MLS® number
X13797290
Board
TRREB MLS®
Property Type
Condo Townhouse
Days on market
Size
1000-1199 sqft
Listed on
Parking
1 Built-In, 2 Parking
Listing brokerage: M. Marel Real Estate (1983) IncData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Townhouse
Style
2-Storey
Community
Fessenden
Municipality
Hamilton

Building

Size
1000-1199 sqft
Construction
Brick

Inside

Bedrooms
3
Bathrooms
1
Bathroom Details
1 × 4pc 2nd
Basement Type
Partial Basement
Kitchens
1

Parking

Garage Type
Built-In
Garage
1
Additional Parking
1
Total Parking
2

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Roof
Asphalt Shingle
Fireplace
No
Den
No
Family room
No
Extras
Central Vac, Dryer, Microwave, Refrigerator, Stove, Washer
Condo maint.
$538

Rooms

RoomSizeFeaturesLevel
2nd Br2.79 × 2.46 m—2nd
Dining3.4 × 3.91 m—Main
Living3.4 × 4.83 m—Main
Rec2.79 × 4.78 m—Bsmt
Bathroom0.0 × 0.0 m4 Pc Bath2nd
Foyer0.0 × 0.0 m—Main
Laundry0.0 × 0.0 m—Bsmt
3rd Br3.91 × 2.41 m—2nd
Primary2.64 × 4.22 m—2nd
Kitchen2.11 × 3.15 m—Main

Listing history

Buy/sell history for 57-250 Magnolia Dr, Hamilton, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$425,000N/AFor SaleX13797290

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $85,000

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$85,000
Total mortgage amount
$340,000
Total interest payment
$241,700
Total purchase cost
$666,700
Mortgage payment
$1,939/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

23%

Monthly carrying cost

$2,796
−$71per month
  • Rent $2,725
  • Shortfall $71

Rental income opens at $2,725, the median asking rent of 20 comparable homes for lease in Hamilton. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$4,975
Total land transfer tax
$4,975
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$975
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $425,000
$500
Ontario total
$4,975

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The market

Condos for sale in Fessenden right now

For sale now
7
Median asking price
$430K

Middle half: $407K to $469K

New in 7 days
0

2 in 28 days

Price cuts
43%

3 listings

This home is asking 1% below the median.

See all homes in Fessenden

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
St. Vincent de Paul Catholic Elementary SchoolHamilton-Wentworth CDSBCatholic · grades JK–8 · French Immersion750 m76%Grade 6 average
Gordon Price SchoolHamilton-Wentworth DSBPublic · grades JK–8800 m69%Grade 6 average
St. Teresa of Avila Catholic Elementary SchoolHamilton-Wentworth CDSBCatholic · grades JK–81 km83%Grade 6 average
ÉÉC Monseigneur-de-LavalConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–82.7 km69%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Sir Allan MacNab Secondary SchoolHamilton-Wentworth DSBPublic · grades 9–12300 m38%Grade 9 math
St. Thomas More Catholic Secondary SchoolHamilton-Wentworth CDSBCatholic · grades 9–121.8 km48%Grade 9 math
Westmount Secondary SchoolHamilton-Wentworth DSBPublic · grades 9–122.3 km66%Grade 9 math
École secondaire Georges-P-VanierConseil scolaire ViamondeFrench-language public · grades 9–124.7 km73%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in Fessenden are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record