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Investment analysis

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$297,000

Hamilton

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#922 1 JARVIS Street, Hamilton - Single Family for Sale

#922 1 JARVIS Street, Hamilton, Ontario, L8R3J2

1 bed1 bath1 parking561 ft²$362/mo condo feeListed 29 days ago

Overview

This 1-bedroom, 1-bathroom condo in Hamilton is for sale offering roughly 561 sq ft of space. Listed at $297,000, it is attractively priced about 34% below the $449,900 median asking price in Hamilton. It has been on the market 29 days, fresher than the Hamilton average of 65 days.

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

Description

Welcome to the epitome of modern living at 1 Jarvis Street in downtown Hamilton. This stunning, brand-new unit—part of the highly acclaimed 1 Jarvis Condos by EMBLEM Developments—presents an unparalleled opportunity for a sophisticated urban lifestyle. Located in a rapidly revitalized downtown core, this vibrant neighborhood has seen incredible clean-up and renewal, making it one of the city's most desirable and improved urban pockets. Enjoy a prime central location with swift access to Highway 403 and the QEW, and close proximity to McMaster University, Hamilton General Hospital, and major parks. The spacious interior features floor-to-ceiling windows that flood the space with natural light, soaring 8'6 ceilings, and impeccable, high-end finishes throughout. Residents enjoy exclusive access to premium building amenities, including a dedicated Yoga Room, Fitness Centre, stylish Lounge, and an executive Co-work Space. Perfect for urban professionals, first-time buyers, or savvy investors looking to buy into a flourishing area. Don't miss out—act now! Some photos have been virtually staged for illustrative purposes. (id:66096)

Property Details

MLS®: 40869348
Property Type: Single Family
Zoning: D3
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 561 ft²
Storeys: 1
Style: Other
Basement: None
Heating: Natural gas
Cooling: Central air conditioning
Garage: Underground, None
Condo Fee: $362/mo
Fee Includes: Heat, Insurance
Ownership: Condo/Strata
Listed: 29 days ago

Rooms

Main level

Living room: 12'1'' x 17'5''
Kitchen: 12'1'' x 17'5''
3pc Bathroom
Bedroom: 9'4'' x 10'9''

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

Features

Appliances: Washer, Dryer, Microwave
Exterior: Concrete
Lot Features: Balcony

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

29d

Hamilton listings, avg age

65d

Price / ft²

$529

List price

$297K

Haho

This 1-bed single family in Hamilton has been listed for 29 days, which is 36 days fresher than the city average of 65. Act while there is still low competition.

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Listed by Real Broker Ontario Ltd. · Agostino Calandrino

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L8R)

This home lists at $297,000, about 5.5× the local median household income of $53,600.

Carrying it typically needs a household income of about $58,014 (20% down, 25-yr amortization, stress-tested) — roughly 8% above the area median.

Median household income: $53,600
Population: 11,651
Median age: 38.4
Owner / renter: 32% / 68%
Avg. household size: 2

Source: Statistics Canada, 2021 Census (FSA L8R)

$297,000· $529/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $14,850

Min 5%50%

Mortgage payment$1,564/mo

↳ CMHC premium ($11,286 capitalized)

Est. property tax$297/mo

Condo fee$362/mo

Total monthly$2,223

Cash Needed to Close

Down payment (5%)$14,850

Land transfer tax$2,930

Est. closing costs$3,391

Total cash needed$21,171

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