$269,900

For sale

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#1103 15 Queen Street South, Hamilton (Central) - Single Family for Sale

#1103 15 Queen Street South, Hamilton (Central), Ontario, L8P3R4

1 bed1 bath0 parking ft²

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For sale

33 days ago

$285K

#505 36 James Street South, Hamilton (Central), Ontario, L8P4W4

1 bd1 ba1 pk750 ft²+$750/mo

Listed by HOMELIFE/MIRACLE REALTY LTD

Investment analysis

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$269,900

Hamilton

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Overview

This 1-bedroom, 1-bathroom condo in Hamilton is for sale offering roughly 250 sq ft of space. Listed at $269,900, it is attractively priced about 28% below the $374,900 median asking price in Hamilton. It has been on the market 47 days, fresher than the Hamilton average of 71 days.

Condos for Sale in Hamilton →All real estate in Hamilton →

Description

Priced to sell! Welcome to Hamilton's newest modern condo in a prime central location. Just minutes from McMaster University, Mohawk College, and GO Bus express, this stylish studio is perfect for students, first-time buyers, commuters, or investors. Features include 9-ft ceilings, an open-concept layout, stone countertops, stainless steel appliances, in-suite laundry, and a private balcony with northern sunset views. Enjoy easy access to downtown shopping, dining, and the arts district. Building amenities include a rooftop patio with BBQs, gym, concierge, and locker. *Some photos are virtually staged (id:66096)

Property Details

MLS®: X13801916
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 0 above · 1 below
Bathrooms: 1
Parking: 0
Interior Size: 250 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $234/mo
Fee Includes: Common Area Maintenance
Ownership: Condo/Strata
Property Tax: $2,711.6/yr
Listed: 47 days ago

Area context

Neighbourhood profile (L8P)

This home lists at $269,900, about 4.7× the local median household income of $58,000.

Carrying it typically needs a household income of about $52,721 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $58,000
Population: 24,773
Median age: 38.8
Owner / renter: 31% / 69%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA L8P)

$269,900· $1,082/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $13,495

Min 5%50%

Mortgage payment$1,422/mo

↳ CMHC premium ($10,256 capitalized)

Property tax (est.)$226/mo

Condo fee$234/mo

Total monthly$1,881

Cash Needed to Close

Down payment (5%)$13,495

Land transfer tax$2,524

Est. closing costs$3,310

Total cash needed$19,329

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

#1103 15 Queen Street South, Hamilton (Central) - Single Family for Sale

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