$319,900

For sale

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#811 15 ALBRIGHT Road, Hamilton - Single Family for Sale

#811 15 ALBRIGHT Road, Hamilton, Ontario, L8K5J2

2 beds1 bath1 parking ft²

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Investment analysis

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$319,900

Hamilton

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$648/mo condo fee

Overview

This 2-bedroom, 1-bathroom condo in Hamilton is for sale offering roughly 700 sq ft of space. Listed at $319,900, it is attractively priced about 29% below the $449,900 median asking price in Hamilton.

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

Description

Welcome to this lovely, updated 2 Bedroom condo in the Hamilton East. Perfect for first time home buyers, commuters, or anyone who is looking to downsize. Open concept, bright and spacious with large open balcony. Stainless steel appliances, 2 window A/C units, 1 parking space and 1 locker are included. Conveniently located and minutes to Red Hill Valley Parkway, the Linc and the QEW, schools, shopping, public transit, and parks and so much more. Many amenities, including, inground pool, tennis court, exercise room, party room, playground and visitor parking. (id:66096)

Property Details

MLS®: 40853562
Property Type: Single Family
Zoning: DE-2/S-75b
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 700 ft²
Storeys: 1
Style: Other
Basement: None
Heating: Baseboard heaters, Natural gas
Cooling: Window air conditioner
Garage: Open, Visitor Parking
Pool: Yes
Condo Fee: $648/mo
Fee Includes: Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,479.36/yr
Listed: 90 days ago

Rooms

Main level

4pc Bathroom
Bedroom: 7'8'' x 13'8''
Primary Bedroom: 9'10'' x 11'5''
Living room/Dining room: 10'10'' x 19'9''
Kitchen: 6'4'' x 9'6''

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

Features

Appliances: Refrigerator, Dishwasher, Stove, Window Coverings
Exterior: Brick
Lot Features: Balcony, Paved driveway, 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

90d

Hamilton listings, avg age

65d

Price / ft²

$457

List price

$320K

Haho

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Listed by Royal LePage State Realty Inc. · Jane Savidis

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L8K)

This home lists at $319,900, about 4.3× the local median household income of $75,000.

Carrying it typically needs a household income of about $62,488 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $75,000
Population: 32,598
Median age: 42.4
Owner / renter: 64% / 36%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA L8K)

$319,900· $457/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $15,995

Min 5%50%

Mortgage payment$1,685/mo

↳ CMHC premium ($12,156 capitalized)

Property tax (est.)$123/mo

Condo fee$648/mo

Total monthly$2,456

Cash Needed to Close

Down payment (5%)$15,995

Land transfer tax$3,274

Est. closing costs$3,460

Total cash needed$22,729

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