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Listed 13 days ago

312 - 181 James Street N

Strathcona, Hamilton

$545,000

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

Welcome to The Residences at Acclamation, a modern condominium built in 2018 and ideally located in the heart of downtown Hamilton. This spacious 1 bedroom + den suite offers approximately 1,070 sq. ft. of thoughtfully designed living space with hardwood flooring, abundant natural light, and a double-sided gas fireplace shared between the living room and private balcony. The den provides a flexible space for a home office or guest area. Includes one underground parking space and one locker. Enjoy being just steps from restaurants, cafés, shops, transit and TD Coliseum. Condo fees include gas, water, central air, Bell Fibe high-speed internet and Wi-Fi, building insurance, underground parking, locker, visitor parking, fitness centre access, and a rooftop terrace. A fantastic opportunity for first-time buyers, young professionals, or downsizers looking for low-maintenance living in a vibrant downtown location.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. Age6-10
Size1000-1199 sq. ft.
Maintenance Fees$863
LockerExclusive
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesOther
Property Tax$5,254
mls© NumberX13646908
Listed ByWATERSIDE REAL ESTATE GROUP
Heat Included
CAC 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%
$2,790
Property tax
$438
Heat allowance
$150
Condo fees, half counted
$431
Housing costs
$3,809 / mo

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

Down payment20% · $109,000
25-yr amortization

Income needed

$117,000

gross annual household income

Payment at 4%
$2,293 / mo
Cash down
$109,000

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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