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Listed 3 months ago

705 - 1950 Main Street W

Ainslie Wood, Hamilton

$309,000

Condo Apartment |
2 | 1 | 1 | 1
About this home

Bright & Spacious 2-Bedroom Condo in Hamilton's Ainslie Wood West. Welcome to thiswell-maintained 2-bedroom, 1-bathroom condo offering exceptional value in one of Hamilton's most convenient locations. Filled with natural light, the spacious living and dining area opens to a private balcony with peaceful, green views. The updated kitchen features modern appliances and ample cabinetry, while two generously sized bedrooms provide flexible space for families, professionals, or students. The bright 3-piece bathroom is clean and well cared for. Includes an owned parking space, bike locker, and access to a party room in a secure, professionally managed building. Ideally located just minutes from McMaster University, GO Transit, parks, shopping, restaurants, and the vibrant communities of Westdale, Dundas, and Ancaster.A fantastic opportunity not to be missed!!

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$932
LockerOwned
BalconyOpen
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,006
mls© NumberX13248202
Listed ByRE/MAX OPTIMUM REALTY
Heat Included
None
Hydro Included
Water Included
Parking Included
Common Elements Included
CAC Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$1,582
Property tax
$167
Heat allowance
$150
Condo fees, half counted
$466
Housing costs
$2,365 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $61,800
25-yr amortization

Income needed

$73,000

gross annual household income

Payment at 4%
$1,300 / mo
Cash down
$61,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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