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Listed 2 months ago

503 - 197 Duke Street

Durand, Hamilton

$599,900

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

Inviting, open concept 1,566 square foot corner-suite condo with gorgeous views of the escarpment and overlooking a lovely, landscaped, private courtyard with mature trees. Large, southern exposure windows provide an abundance of natural light for enjoying the views. Unique opportunity to own a large unit with only 4 units on the floor in an amazing location. Nestled on tree-lined streets between Hess Village and Locke Street. This sought-after Durand neighbourhood offers a variety of amenities including a short walk to the farmers; market, trendy shops, restaurants and cafes on Locke St, Durand Park, HAAA Grounds and Hamilton Tennis Club. The interior boasts an ideal environment for entertaining with ease including a large kitchen and island/breakfast bar, dining area with extended functional and lovely cabinetry for showcasing art and decor, a living room and open to a den for extended living as an office or sitting area. Spacious primary bedroom with ensuite and walk-in closets. Elegant bay windows add a lovely ambiance throughout!! Bonus large pantry room off of the spacious foyer. And the storage locker is conveniently located on the fifth floor, steps to the unit front door. Building amenities include: sky lit indoor pool, private courtyard with gardens, walkways and community BBQ/patio area, and there is a party/meeting room and underground parking with a car wash area. Come and see all that this home and community have to offer!

Extras

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Got questions?

Contact Angela directly.

agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
Style1 Storey/Apt
Approx. Age31-50
Size1400-1599 sq. ft.
Maintenance Fees$1,148
LockerExclusive
BalconyNone
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$4,329
mls© NumberX13471374
Listed ByROYAL LEPAGE STATE REALTY
Heat Included
Common Elements Included
Building Insurance Included
Water Included
CAC Included
Parking 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%
$3,071
Property tax
$361
Heat allowance
$150
Condo fees, half counted
$574
Housing costs
$4,155 / mo

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

Down payment20% · $119,980
25-yr amortization

Income needed

$128,000

gross annual household income

Payment at 4%
$2,524 / mo
Cash down
$119,980

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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