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New2 days ago

203 - 130 Wellington Street N

Landsdale, Hamilton

$230,000

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

Welcome to this spacious 1+1 bedroom loft-style condo offering approximately 755 sq. ft. of living space in an intimate boutique building with only 10 units. An excellent opportunity for investors or buyers looking for a unique property in a central Hamilton location. Soaring ceilings and five large windows provide an abundance of natural light, while the flexible 1+1 layout offers additional space for a home office, guest area or den. Features include granite countertops, tile flooring with the appearance of hardwood, and convenient ensuite laundry. Ideally situated approximately a 15-minute walk from West Harbour GO Station and close to major hospitals, McMaster University, Mohawk College, shopping, dining and highway access. A well-located opportunity with strong access to transit, major employment centres and educational institutions.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$434
LockerNone
BalconyNone
ExposureEast
Parking TypeSurface
Parking Spaces1
Parking FeaturesSurface
Property Tax$2,740
mls© NumberX13681554
Listed ByRE/MAX EXPERTS
Building Insurance 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%
$1,177
Property tax
$228
Heat allowance
$150
Condo fees, half counted
$217
Housing costs
$1,773 / mo

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

Down payment20% · $46,000
25-yr amortization

Income needed

$55,000

gross annual household income

Payment at 4%
$968 / mo
Cash down
$46,000

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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