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Listed 2 months ago

805 - 8 WOODMAN Drive S

Corman, Hamilton

$339,000

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

Stop Renting, Start Owning: Your Dream Condo Awaits! Meticulously renovated, modern condo with breathtaking views, all for less than what you're currently paying in rent! This isn't a pipe dream; it's a reality waiting for you in this stunning Hamilton gem. Captivating open concept design, flooded by natural light with 9 foot ceilings exclusive to the penthouse level. The heart of this condo is its custom kitchen, featuring, gleaming granite countertops on a spacious breakfast island, & a stylish ceramic backsplash. Cooking & entertaining will be a joy with the convenience of LED pot lights & a double sink. Luxury abounds with all-new 5/8ths flooring, newer baseboards, trim, doors, & casements. Storage is no longer an issue with custom closets, with a generous 19 ft closet in the front entrance & an expansive his-and-hers 8-ft closet in the master bedroom. The modern 4-pc bath boasts elegant ceramic tile, providing a spa-like experience. Step out onto the 23' x 4' balcony & soak in the amazing panoramic views of Hamilton & the Bay overlooking a canopy of trees. Enjoy your morning coffee or evening cocktails while taking in the stunning scenery. Conveniences are Just minutes to QEW, transit, shopping, specialty shops & grocery stores, premium parking spot right in front of the building makes coming and going a breeze. This condo is truly rare, considering the Hydro, Heat, Water, Parking & basic cable are included in the $704 condo fees! Say goodbye to those surprise bills & hello to predictable monthly expenses. But here's the best part: the seller may consider a Vendor Take Back (VTB) mortgage with a minimum $100,000 down payment, making ownership even more accessible. For the right first-time buyer with an excellent credit score and job stability, this could be the perfect opportunity to finally enter the real estate market. Don't miss this opportunity! Stop throwing your money away on rent and invest in your future.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
Style1 Storey/Apt
Approx. Age51-99
Size600-699 sq. ft.
Maintenance Fees$705
LockerExclusive
BalconyOpen
ExposureEast
Parking TypeNone
Parking Spaces1
Parking FeaturesSurface
Property Tax$2,009
mls© NumberX13503148
Listed ByRE/MAX ESCARPMENT REALTY INC.
Heat Included
Hydro Included
Water Included
Cable TV Included
Common Elements 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%
$1,735
Property tax
$167
Heat allowance
$150
Condo fees, half counted
$352
Housing costs
$2,405 / mo

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

Down payment20% · $67,800
25-yr amortization

Income needed

$74,000

gross annual household income

Payment at 4%
$1,427 / mo
Cash down
$67,800

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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