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$425,000
Hamilton
#21 36 Margaret Street, Hamilton (Strathcona), Ontario, L8P4C8
This 1-bedroom, 1-bathroom condo in Hamilton is for sale offering roughly 1,100 sq ft of space. Listed at $425,000, it is attractively priced about 11% below the $479,900 median asking price in Hamilton. It has been on the market 5 days, fresher than the Hamilton average of 78 days.
Offering 3 months of condo fees paid on closing by Seller! Welcome home at the Margaret Street Lofts in the beloved Strathcona neighbourhood! This inviting 2nd floor 1-bedroom + den loft is located in a beautifully converted factory building, offering authentic character and a warm, homey feel. Soaring 12+ ft ceilings, exposed brick walls, large windows, carpet-free unit and a desirable north-east corner exposure creates a bright yet cozy home to relax in, entertain, cook, or work from home. The open-concept layout features a kitchen with new stainless steel appliances, refinished cabinetry, and a 3-seat island, flowing into a dining area large enough for a full-sized dining set. A unique loft-style den is perfect as a home office, reading nook, kids' play area, creative retreat or storage. Enjoy the comfort and convenience of a gas fireplace, in-suite laundry, room for full-sized furniture, oversized closets, a storage locker, and one surface parking space. Walk to Victoria Park, Locke Street's popular shops and restaurants, Fortinos, and downtownHamilton. Quiet, welcoming, and full of character, this loft (1 of only 14 units) is ideal for young professionals, small families, down sizers, or savvy investors seeking something truly special. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Just listed: 5 days on market, against an average age of 78 days across the listings currently for sale in this city
This 1-bed single family in Hamilton (Strathcona) has been listed for 5 days, which is 73 days fresher than the city average of 78. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $425,000, about 7.3× the local median household income of $58,000.
Carrying it typically needs a household income of about $83,017 (20% down, 25-yr amortization, stress-tested) — roughly 43% above the area median.
Source: Statistics Canada, 2021 Census (FSA L8P)
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Loading rates, 30-yr amortization
Cash Needed to Close
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