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Listed 29 days ago

202 - 893 Concession Street

Raleigh, Hamilton

$299,000

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

Bright and freshly updated, unit 202 at 893 Concession Street sits by the edge of the Hamilton Escarpment and offers a balance of space and amenities that is rare at this price point. The living room stretches across rich dark-stained hardwood floors, flooded with natural light through a large south-facing window that frames open sky and rooftop views; the full-width open balcony extends the living room even further outdoors. The layout flows naturally from the living area into a generous dining room finished with new porcelain white tile flooring, then into a kitchen fitted with glass-front cabinetry. Two well-proportioned bedrooms, a full 4-piece bathroom, and the convenience of in-suite laundry round out a floor plan that genuinely works day to day. The condo maintenance fee covers heat, water, building insurance, maintenance, landscaping, parking, and snow removal. A reserved carport parking space and an exclusive storage locker across the hall are included. Nearby Juravinski hospital, Concession Street shopping, parks, public transit, and Mountain Brow trail access put the best of the Hamilton Mountain within easy reach of the front door.

Extras

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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$715
LockerExclusive
BalconyOpen
ExposureSouth
Parking TypeCarport
Parking Spaces1
Parking FeaturesCovered
Property Tax$2,259
mls© NumberX13588174
Listed ByREAL BROKER ONTARIO LTD.
Building Insurance Included
Heat 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%
$1,530
Property tax
$188
Heat allowance
$150
Condo fees, half counted
$358
Housing costs
$2,226 / mo

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

Down payment20% · $59,800
25-yr amortization

Income needed

$68,000

gross annual household income

Payment at 4%
$1,258 / mo
Cash down
$59,800

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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