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Listed 30 days ago

503 - 150 Main Street W

Central, Hamilton

$489,000

Condo Apartment |
2 | 2 | 1 | 0
About this home

950 sqft 2 Bed 2 Bath Southwest Corner Condo with 1 indoor parking included. Southwest Corner Unit In One Of The Most Desired Luxury Condo Buildings In The Heart Of Hamilton Downtown! Very Bright and Spacious! Huge unit in a luxury and safe condo, located commercial downtown with banks and art galleries. Large Living Room area.Master Bedroom facing west with unobstructed view and bright.2nd Bedroom Facing South. Laminate Flr Thru Out.One Block Away From Hess Village, Nations Supermarket, Jackson Square & New Mcmaster Family Practice. Hsr And Go Bus At Doorsteps. Close To Mcmaster University, Mcmaster Children's Hospital, St. Joseph's Healthcare Center, And Hamilton General Hospital. *Central Heating,cooling and water included in the condo fee **Current Tenant will leave at end of August. Flexible Closing.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size900-999 sq. ft.
Maintenance Fees$812
LockerNone
BalconyEnclosed
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$4,859
mls© NumberX13585648
Listed ByREAL ONE REALTY INC.
Heat Included
Common Elements Included
Water 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%
$2,503
Property tax
$405
Heat allowance
$150
Condo fees, half counted
$406
Housing costs
$3,464 / mo

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

Down payment20% · $97,800
25-yr amortization

Income needed

$107,000

gross annual household income

Payment at 4%
$2,058 / mo
Cash down
$97,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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