Condos for Sale in Hamilton
Under $500K

Today: 5-yr fixed from 3.95% · 5-yr variable from 3.50%

Low-maintenance vertical living with amenity-rich buildings and walkable transit-friendly addresses. Ideal for first-time buyers, investors, and downsizers. Median list price in Hamilton this band: $454K · 53 active · avg 29 days on market.

Get the live list

53 active · median $454K

Sent within 1 business hour with today's 3.95% 5-yr fixed rate.

Condos in Hamilton Under $500K

53 active · median $454K

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Median List Price

$454K

Active Listings

53

Avg Days on Market

29 days

YoY Change

-9.1%

6-Month Median Price Trend

Dec

$449K

Jan

$444K

Feb

$453K

Mar

$438K

Apr

$465K

May

$460K

What is the average condo price in Hamilton in 2026?

The benchmark price for a condo in Hamilton in 2026 is approximately $454K based on the latest CREA MLS® HPI release. Within the under $500k band there are currently 53 active listings, moving in an average of 29 days on market. Prices are down 9.1% year-over-year.

Is Hamilton a buyer's or seller's market right now?

Hamilton is currently a balanced market for condos in this band. Inventory is turning over in 29 days with prices down 9.1% year-over-year. Neither side has decisive leverage right now.

Families helped in Hamilton

78+

Licensed Mortgage Brokerage

Pineapple Financial · LIC #12830

Three rental properties later, IndiBrick is the only broker I send my clients to. Rental income offset done right.
Marco V., Investor, Hamilton

What $454K gets you in Hamilton.

Condos in Hamilton priced under $500k are tracking against a CREA MLS® HPI benchmark of $454K for the hamilton burlington area. Within this band the median list comes in near $454K — down 9.1% year-over-year. Active inventory is moving in roughly 29 days.

Typical Size

500–1,100 sqft

Bedroom Range

1–3 bedrooms

Ownership Style

condo

Sample comparables in this band.

Westdale, Hamilton

$456K

2 bed2 bath570 sqft
Locke Street, Hamilton

$417K

3 bed2 bath750 sqft
Stoney Creek, Hamilton

$499K

3 bed2 bath560 sqft

Sample comparables only — request the live MLS report for current availability and pricing.

Where these condos are clustered in Hamilton.

Hamilton Condo FAQ

What is the median price for condos in Hamilton under $500k?

As of 2026-05-01, the median list price for condos in Hamilton priced under $500k sits at approximately $454K based on active MLS inventory.

How many condos are currently for sale in Hamilton in this price range?

There are roughly 53 active condos for sale in Hamilton priced under $500k. Inventory typically refreshes weekly via the local MLS board.

How long do condos stay on the market in Hamilton?

Condos in Hamilton priced under $500k are averaging 29 days on market. That gives buyers time to compare options and negotiate condition removal periods.

Are Hamilton condo prices going up or down?

Year-over-year median condo prices in Hamilton (this band) are down 9.1%. Six-month trend data is available on this page.

What mortgage do I need to buy a condo at this price in Hamilton?

On a $454K purchase with 20% down, you'd carry a mortgage of about $363K. At today's qualifying rate (~5.45%) on a 25-year amortization, that's roughly $2,220 / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.

Step 1 · See Inventory

Get the Live List — 53 active, median $454K.

Live MLS inventory + today's rate (3.95% 5-yr fixed) sent by a licensed Hamilton advisor within 1 business hour.

Condos in Hamilton Under $500K

Median $454K · 53 active · 3.95% 5-yr fixed

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Step 2 · Lock in financing

Get pre-approved for a $363K mortgage.

Based on $454K median list × 20% down. Compare offers from 50+ Canadian lenders. No hard credit check. Pre-approval letter within 1 business hour — same letter sellers see in multi-offers.

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