$360,000

$370,000For salePrice drop↓ $10,000 (3%)

#506 495 Highway 8, Hamilton (Stoney Creek) - Single Family for Sale

#506 495 Highway 8, Hamilton (Stoney Creek), Ontario, L8G5E1

3 beds2 baths1 parking1,100 ft²$1,006/mo condo feeListed 26 days ago

Overview

This 3-bedroom, 2-bathroom condo in Hamilton is for sale offering roughly 1,100 sq ft of space. Listed at $360,000, it is attractively priced about 30% below the $514,000 median asking price in Hamilton. It has been on the market 26 days, fresher than the Hamilton average of 54 days.

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Description

Welcome To The Renaissance Building In The Heart Of Stoney Creek Located At 495 Highway 8 Apartment 506 Faces Lake Ontario And Features 1185 Sq.Ft Of Spacious Living Area, 2 Bedrooms plus a Sunroom and 2 Bathrooms. The Primary Bedroom provides Double Closet space, 5 Piece ensuite With Both A Jacuzzi And A Separate Stand Up Shower. For ease of use A Modern Chrome Handle Turn Dial Faucet in The Primary Ensuite Shower And Second Bathroom bathtub has been installed. New Brand Name Appliances In Graphite Grey Include Samsung Refrigerator, LG Dishwasher, GE Clothes Washer And GE Clothes Dryer.Warranty Forms For New Appliances Will Be Left For New Owner. Ready For Your Personal Touch. A Perfect Place To Call Home where Maintenance Fees Include All Utilities. Unit 506 also includes 1 Parking Space Close To Elevator and 1 Locker Unit for extra storage. Building Amenities Include Party Room, Game Room, Library, Sauna, Pool Table, And Gym. Close To Schools, Shopping, Parks, And Arenas And Conveniently Located Directly On A Transit Bus Line.**EXTRAS** New Samsung Refrigerator, L G Dishwasher, G E Clothes Washer And G E Clothes Dryer.Carpet will be steam cleaned on or prior to closing date. (id:66096)

Property Details

MLS®: X13881008
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Baseboard heaters, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,006/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,600/yr
Listed: 26 days ago

Rooms

Flat

Primary Bedroom: 4.85 x 3.28 meters
Bedroom 2: 2.72 x 3.34 meters
Sunroom: 2.71 x 2.58 meters
Living room: 8.01 x 3.59 meters
Kitchen: 3.29 x 2.53 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, Dishwasher, Dryer
Exterior: Stucco
Lot Features: In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

26d

Hamilton (Stoney Creek) listings, avg age

54d

Price / ft²

$327

List price

$360K

Haho

This 3-bed single family in Hamilton (Stoney Creek) has been listed for 26 days, which is 28 days fresher than the city average of 54. Act while there is still low competition.

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Listed by HOMELIFE/ROMANO REALTY LTD. · MOISES LOPEZ

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L8G)

This home lists at $360,000, about 4.7× the local median household income of $77,000.

Carrying it typically needs a household income of about $70,321 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $77,000
Population: 21,805
Median age: 50.8
Owner / renter: 66% / 34%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA L8G)

$360,000· $327/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $18,000

Min 5%50%

Mortgage payment$1,896/mo

↳ CMHC premium ($13,680 capitalized)

Property tax (est.)$217/mo

Condo fee$1,006/mo

Total monthly$3,119

Cash Needed to Close

Down payment (5%)$18,000

Land transfer tax$3,875

Est. closing costs$3,580

Total cash needed$25,455

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