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Price Change$294,900

307 - 1950 Main Street W

Ainslie Wood, Hamilton

$274,900

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

CHECK OUT this WELL-CARED FOR, AFFORDABLE beauty. This great floor plan offers 2 beds, generous sized Living Room, Kitchen/Dining Room and 4 pce bath. This unit offers plenty of natural light, upgraded flooring throughout Living Rm and both bedrooms. The Kitchen offers, stone counters, tiled backsplash and the convenience of a passthrough and combined Dining. The Living room offers balcony access with beautiful tree lined views, you will be in awe in the fall. This beauty is located only moments from ALL conveniences including major transit routes, (bus stop at the front door) and highway access, McMaster University and the hospital minutes away, moments from both Ancaster and Dundas and downtown core. This one offers the perfect balance of urban accessibility with the serenity of nature and no maintenance. BONUS All utilities included in the condo fees!

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$932
LockerOwned
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,149
mls© NumberX13711404
Listed ByRE/MAX ESCARPMENT REALTY INC.
Building Insurance Included
Common Elements Included
Hydro Included
Heat Included
Parking Included
Water Included

Listing History

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  • 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%
$1,407
Property tax
$179
Heat allowance
$150
Condo fees, half counted
$466
Housing costs
$2,202 / mo

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

Down payment20% · $54,980
25-yr amortization

Income needed

$68,000

gross annual household income

Payment at 4%
$1,157 / mo
Cash down
$54,980

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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