$274,900

For sale

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#207 893 Concession Street, Hamilton (Raleigh) - Single Family for Sale

#207 893 Concession Street, Hamilton (Raleigh), Ontario, L8V1E7

1 bed1 bath1 parking ft²

#205C 5 East 36th Street, Hamilton (Raleigh), Ontario, L8V3Y6

2 bd1 ba1 pk250 ft²+$549/mo

Listed by Real Broker Ontario Ltd.

#312B 5 East 36th Street, Hamilton (Raleigh), Ontario, L8V3Y6

For sale

118 days ago

$225K

#312B 5 East 36th Street, Hamilton (Raleigh), Ontario, L8V3Y6

1 bd1 ba1 pk650 ft²+$528/mo

Listed by Real Broker Ontario Ltd.

Investment analysis

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$274,900

Hamilton

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Overview

This 1-bedroom, 1-bathroom condo in Hamilton is for sale offering roughly 650 sq ft of space. Its $274,900 asking price sits right in line with the $274,900 median in Hamilton. It has been on the market 20 days, fresher than the Hamilton average of 74 days.

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Description

Located on Hamilton's Central Mountain, this property is conveniently situated near Juravinski Hospital, Mohawk College, CF Lime Ridge Mall, Mohawk 4 Ice Centre, and nearby sports facilities. Concession Street offers a variety of local shops, cafés, and dining options. Outdoor recreation opportunities include walking paths along the Mountain Brow, cycling trails along the escarpment, and access to the Wentworth Stairs. Enjoy convenient access to a variety of neighbourhood amenities, shopping, dining, education, healthcare, and outdoor spaces. (id:66096)

Property Details

MLS®: X14083004
Property Type: Single Family
Zoning: E
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Natural gas, Other
Cooling: Window air conditioner
Garage: Garage, Carport, Covered
Condo Fee: $529/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,039.98/yr
Listed: 20 days ago

Rooms

Flat

Kitchen: 3.66 x 2.03 meters
Dining room: 3.66 x 2.67 meters
Living room: 5.03 x 3.35 meters
Primary Bedroom: 3.51 x 3.43 meters
Bathroom: 2.13 x 1.52 meters
Laundry room: 0.91 x 0.91 meters
Other: 5.79 x 1.22 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Microwave, Freezer, Hood Fan, Window Coverings
Foundation: Poured Concrete
Exterior: Concrete, Brick
Lot Features: Flat site, Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Area context

Neighbourhood profile (L8V)

This home lists at $274,900, about 4.0× the local median household income of $68,500.

Carrying it typically needs a household income of about $53,698 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $68,500
Population: 21,165
Median age: 44.4
Owner / renter: 56% / 44%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA L8V)

$274,900· $423/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $13,745

Min 5%50%

Mortgage payment$1,448/mo

↳ CMHC premium ($10,446 capitalized)

Property tax (est.)$170/mo

Condo fee$529/mo

Total monthly$2,146

Cash Needed to Close

Down payment (5%)$13,745

Land transfer tax$2,599

Est. closing costs$3,325

Total cash needed$19,669

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

#207 893 Concession Street, Hamilton (Raleigh) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (L8V)

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Full Cost Breakdown