57-250 Magnolia Dr
Fessenden, Hamilton, Ontario L9C 6M3
- 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
Good71/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even57/100−$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
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
| Room | Size | Features | Level |
|---|---|---|---|
| 2nd Br | 2.79 × 2.46 m | — | 2nd |
| Dining | 3.4 × 3.91 m | — | Main |
| Living | 3.4 × 4.83 m | — | Main |
| Rec | 2.79 × 4.78 m | — | Bsmt |
| Bathroom | 0.0 × 0.0 m | 4 Pc Bath | 2nd |
| Foyer | 0.0 × 0.0 m | — | Main |
| Laundry | 0.0 × 0.0 m | — | Bsmt |
| 3rd Br | 3.91 × 2.41 m | — | 2nd |
| Primary | 2.64 × 4.22 m | — | 2nd |
| Kitchen | 2.11 × 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 Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $425,000 | N/A | For Sale | X13797290 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
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- 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
- New in 7 days
- 0
- Price cuts
- 43%
Middle half: $407K to $469K
2 in 28 days
3 listings
This home is asking 1% below the median.
See all homes in FessendenAsking 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
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St. Vincent de Paul Catholic Elementary SchoolHamilton-Wentworth CDSB | Catholic · grades JK–8 · French Immersion | 750 m | 76%Grade 6 average |
| Gordon Price SchoolHamilton-Wentworth DSB | Public · grades JK–8 | 800 m | 69%Grade 6 average |
| St. Teresa of Avila Catholic Elementary SchoolHamilton-Wentworth CDSB | Catholic · grades JK–8 | 1 km | 83%Grade 6 average |
| ÉÉC Monseigneur-de-LavalConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 2.7 km | 69%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Sir Allan MacNab Secondary SchoolHamilton-Wentworth DSB | Public · grades 9–12 | 300 m | 38%Grade 9 math |
| St. Thomas More Catholic Secondary SchoolHamilton-Wentworth CDSB | Catholic · grades 9–12 | 1.8 km | 48%Grade 9 math |
| Westmount Secondary SchoolHamilton-Wentworth DSB | Public · grades 9–12 | 2.3 km | 66%Grade 9 math |
| École secondaire Georges-P-VanierConseil scolaire Viamonde | French-language public · grades 9–12 | 4.7 km | 73%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
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Sold prices in Fessenden are shown to signed-in members.
