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Listed 2 months ago

6 - 21 Mountwood Avenue

Corktown, Hamilton

$415,000

Condo Apartment |
1 | 1 | 0 | 0
About this home

This spacious one-bedroom condominium offers approximately 892 square feet of comfortable living in Hamilton's sought-after Durand neighbourhood. Renovated in 2019 with new hardwood flooring, windows, kitchen and bathroom! New backsplash and light fixtures in the last 3 years. This bright and functional layout includes a generous living and dining area, a dedicated office space, a full eat-in kitchen, in-suite laundry, and a well-sized bedroom featuring two closets. Situated in a solid brick building, the unit provides a quiet and established setting while being just steps from downtown, hospitals, parks, public transit, and everyday amenities. An excellent opportunity for first-time buyers, downsizers, or investors looking for a centrally located, walkable lifestyle.

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Contact Angela directly.

agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
Style1 Storey/Apt
Approx. Age51-99
Size800-899 sq. ft.
Maintenance Fees$711
LockerNone
BalconyNone
ExposureWest
Parking TypeNone
Parking Spaces0
Parking FeaturesStreet Only
Property Tax$1,527
mls© NumberX13411132
Listed ByRE/MAX ESCARPMENT REALTY INC.
Heat Included
Building Insurance Included
Water 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%
$2,124
Property tax
$127
Heat allowance
$150
Condo fees, half counted
$356
Housing costs
$2,757 / mo

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

Down payment20% · $83,000
25-yr amortization

Income needed

$85,000

gross annual household income

Payment at 4%
$1,746 / mo
Cash down
$83,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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Comparable sales

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