$199,000

For sale

#606 101 QUEEN Street South, Hamilton - Single Family for Sale

#606 101 QUEEN Street South, Hamilton, Ontario, L8P3R9

1 bed1 bath1 parking781 ft²$970/mo condo feeListed 16 days ago

Overview

This 1-bedroom, 1-bathroom condo in Hamilton is for sale offering roughly 781 sq ft of space. It has been on the market 16 days, fresher than the Hamilton average of 65 days.

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Description

Heart of the city condo! Fantastic neighbourhood with easy access to Go Station, public transit, shopping, restaurants, bars. Hess Village, Locke Street, City Hall, Art Gallery, TD Coliseum. This bright west facing condo is newly painted throughout. Very generous living space with eat in kitchen and large living room. The bedroom could easily acommodate a king size bed. Bedroom with ensuite privilege. New stainless steel stove and fridge. The front enclosed balcony offers extra space for an office set up or reading area. 1 underground garage space and locker. Condo fees include heat, hydro, water, common elements, maintenance. (id:66096)

Property Details

MLS®: 40872205
Property Type: Single Family
Zoning: D5
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 781 ft²
Year Built: 1968
Storeys: 1
Style: Other
Basement: None
Heating: Baseboard heaters, Electric
Cooling: None
Garage: Underground, Covered
Condo Fee: $970/mo
Fee Includes: Heat, Electricity, Water, Insurance
Ownership

Rooms

Main level

Bonus Room: 3'10'' x 17'2''
4pc Bathroom: 4'8'' x 6'9''
Primary Bedroom: 10'0'' x 15'0''
Dining room: 7'2'' x 8'10''
Kitchen: 7'2'' x 6'6''
Living room: 11'8'' x 17'6''

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, Window Coverings
Exterior: Brick
Lot Features: Balcony, 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

16d

Hamilton listings, avg age

65d

Price / ft²

$255

List price

$199K

Haho

This 1-bed single family in Hamilton has been listed for 16 days, which is 49 days fresher than the city average of 65. Act while there is still low competition.

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Listed by One Percent Realty Ltd. · Melanie Cunningham

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L8P)

This home lists at $199,000, about 3.4× the local median household income of $58,000.

Carrying it typically needs a household income of about $38,872 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $58,000
Population: 24,773
Median age: 38.8
Owner / renter: 31% / 69%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA L8P)

$199,000· $255/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $9,950

Min 5%50%

Mortgage payment$1,048/mo

↳ CMHC premium ($7,562 capitalized)

Property tax (est.)$205/mo

Condo fee$970/mo

Total monthly$2,223

Cash Needed to Close

Down payment (5%)$9,950

Land transfer tax$1,715

Est. closing costs$3,097

Total cash needed$14,762

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