$254,900

For sale

#310 57 MERICOURT Road, Hamilton - Single Family for Sale

#310 57 MERICOURT Road, Hamilton, Ontario, L8S2N5

1 bed1 bath1 parking540 ft²$371/mo condo feeListed 61 days ago

Overview

This 1-bedroom, 1-bathroom condo in Hamilton is for sale offering roughly 540 sq ft of space. It has been on the market 61 days, fresher than the Hamilton average of 65 days.

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Description

Welcome to this beautifully updated one-bedroom condo with low condo fees offering exceptional value in a charming, well-maintained building. Ideally located just minutes from downtown Dundas and historic Old Ancasterm with walking-distance access to McMaster University, McMaster Children's Hospital, Fortinos Plaza, Public Transit, Restaurants, Cafes and everyday amenities. Nature lovers will appreciate being close to Dundas Valley Conservation Area, Tiffany Falls, and extensive hiking and cycling trails. Tastefully renovated in 2021 with durable large windows in the living room and bedroom. An affordable opportunity for a first-time buyer, young professional, university student, downsizer or investor. (id:66096)

Property Details

MLS®: 40860627
Property Type: Single Family
Zoning: E
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 540 ft²
Storeys: 1
Style: Other
Basement: None
Heating: Hot water radiator heat, Natural gas
Cooling: Window air conditioner
Garage: Open
Condo Fee: $371/mo
Fee Includes: Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax

Rooms

Main level

Primary Bedroom: 11'7'' x 10'6''
4pc Bathroom: 6' x 8'3''
Living room: 15'6'' x 12'9''
Dining room: 9'2'' x 10'2''
Kitchen: 9'0'' x 8'4''

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

Features

Appliances: Refrigerator, Stove, Microwave
Exterior: Brick
Lot Features: Laundry- Coin operated

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

61d

Hamilton listings, avg age

65d

Price / ft²

$472

List price

$255K

Haho

This 1-bed single family in Hamilton has been listed for 61 days, which is 4 days fresher than the city average of 65. Act while there is still low competition.

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Listed by Royal LePage State Realty Inc. · Sylvia Eckert

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L8S)

This home lists at $254,900, about 4.1× the local median household income of $62,800.

Carrying it typically needs a household income of about $49,791 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $62,800
Population: 15,787
Median age: 32.4
Owner / renter: 39% / 61%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA L8S)

$254,900· $472/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $12,745

Min 5%50%

Mortgage payment$1,343/mo

↳ CMHC premium ($9,686 capitalized)

Property tax (est.)$119/mo

Condo fee$371/mo

Total monthly$1,833

Cash Needed to Close

Down payment (5%)$12,745

Land transfer tax$2,299

Est. closing costs$3,265

Total cash needed$18,309

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