$359,900

For sale

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#401 180 LIMERIDGE Road West, Hamilton - Single Family for Sale

#401 180 LIMERIDGE Road West, Hamilton, Ontario, L9C7H7

2 beds1 bath1 parking ft²

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Investment analysis

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$359,900

Hamilton

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$595/mo condo fee

Overview

This 2-bedroom, 1-bathroom condo in Hamilton is for sale offering roughly 850 sq ft of space. Listed at $359,900, it is attractively priced about 20% below the $449,900 median asking price in Hamilton. It has been on the market 56 days, fresher than the Hamilton average of 65 days.

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

Description

EXCEPTIONAL CONDO COMPLEX. 1 BEDROOM PLUS DEN. THE UNIT IS SITUATED ON PREFERRED SIDE OF BUILDING WITH VIEW OF PARKLANDS. 4 APPLIANCES INCLUDED. CONDO FEE INCLUDES HEAT, WATER & UNDERGROUND PARKING SPOT #33, STORAGE & LOCKER #401. NICE QUIET BUILDING , MOVE IN READY. (id:66096)

Property Details

MLS®: 40861621
Property Type: Single Family
Zoning: E/S-69a
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 850 ft²
Year Built: 1988
Storeys: 1
Style: Other
Basement: Unfinished, Full
Heating: Heat Pump, Forced air
Cooling: Central air conditioning
Garage: Underground
Condo Fee: $595/mo
Fee Includes: Landscaping, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,707/yr
Listed: 56 days ago

Rooms

Main level

Foyer: 6'0'' x 4'0''
Laundry room
4pc Bathroom: 8'0'' x 6'0''
Den: 9'0'' x 8'0''
Bedroom: 13'0'' x 12'0''
Kitchen: 8'0'' x 8'0''
Dining room: 9'0'' x 8'0''
Living room: 22'0'' x 11'0''

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, Garage door opener
Exterior: Brick Veneer
Lot Features: Cul-de-sac

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

56d

Hamilton listings, avg age

65d

Price / ft²

$423

List price

$360K

Haho

This 2-bed single family in Hamilton has been listed for 56 days, which is 9 days fresher than the city average of 65. Act while there is still low competition.

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Listed by RE/MAX Escarpment Realty Inc. · Joe Vine

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9C)

This home lists at $359,900, about 3.9× the local median household income of $92,000.

Carrying it typically needs a household income of about $70,301 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $92,000
Population: 41,202
Median age: 41.2
Owner / renter: 71% / 29%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA L9C)

$359,900· $423/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $17,995

Min 5%50%

Mortgage payment$1,896/mo

↳ CMHC premium ($13,676 capitalized)

Property tax (est.)$226/mo

Condo fee$595/mo

Total monthly$2,716

Cash Needed to Close

Down payment (5%)$17,995

Land transfer tax$3,874

Est. closing costs$3,580

Total cash needed$25,449

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