$297,000

#LPH13 118 King Street East, Hamilton (Beasley), Ontario, L8N1A8

For saleJust listed

2 days ago

$599K

#LPH13 118 King Street East, Hamilton (Beasley), Ontario, L8N1A8

2 bd1 ba1 pk1,100 ft²+$793/mo

Listed by ROYAL LEPAGE STATE REALTY

#1404 1 Jarvis Street, Hamilton (Beasley), Ontario, L8R3J2

For sale

12 days ago

$359K

#1404 1 Jarvis Street, Hamilton (Beasley), Ontario, L8R3J2

2 bd2 ba1 pk650 ft²+$537/mo

Listed by RE/MAX REALTY SPECIALISTS INC.

#401 112 King Street East, Hamilton (Beasley), Ontario, L8N1A8

For sale

18 days ago

$320K

#401 112 King Street East, Hamilton (Beasley), Ontario, L8N1A8

1 bd2 ba1 pk750 ft²+$657/mo

Listed by ONE PERCENT REALTY LTD.

#202 11 Rebecca Street, Hamilton (Beasley), Ontario, L8R3H7

For sale

19 days ago

$210K

#202 11 Rebecca Street, Hamilton (Beasley), Ontario, L8R3H7

1 bd1 ba650 ft²+$537/mo

Listed by ROYAL LEPAGE STATE REALTY

Investment analysis

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$297,000

Hamilton

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Overview

This 1-bedroom, 1-bathroom condo in Hamilton is for sale offering roughly 550 sq ft of space. Listed at $297,000, it is attractively priced about 16% below the $352,786 median asking price in Hamilton. It has been on the market 29 days, fresher than the Hamilton average of 79 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®: X13867900
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $362/mo
Fee Includes: Common Area Maintenance, Heat, Insurance
Ownership: Condo/Strata
Property Tax: $3,458.28/yr
Listed: 29 days ago

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· $540/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)

Property tax (est.)$288/mo

Condo fee$362/mo

Total monthly$2,214

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

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#922 1 Jarvis Street East, Hamilton (Beasley) - Single Family for Sale

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