| Heat Included | |
| Common Elements Included | |
| Building Insurance Included | |
| Water Included | |
| Parking Included | |
| Cable TV Included |























401 - 30 Summit Avenue
Burkholme, Hamilton
$134,900
Stop renting and start owning! Unit 401 offers an affordable opportunity to get into the Hamilton real estate market with monthly costs that could be close to-or even less than-what you're paying in rent. This bright 1-bedroom condo is located on Hamilton's desirable North Mountain, close to Upper Wentworth, the Brow, shopping, transit, parks, and everyday conveniences. The functional layout makes excellent use of the space, while the private east-facing balcony is the perfect spot to enjoy your morning coffee and catch the sunrise. You'll also appreciate the convenience of in-suite laundry with a newer washer and dryer, plus one assigned underground parking space. Whether you're a first-time buyer looking to escape the rental cycle, a downsizer seeking affordability, or an investor looking for a solid opportunity, Unit 401 makes homeownership surprisingly attainable. Why pay someone else's mortgage when you could be building equity in your own home?
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| Type | Condo Apartment |
| Style | 1 Storey/Apt |
| Approx. Age | 51-99 |
| Size | 500-599 sq. ft. |
| Maintenance Fees | $1,041 |
| Locker | None |
| Balcony | Open |
| Exposure | East |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $1,374 |
| mls© Number | X13850452 |
| Listed By | RE/MAX ESCARPMENT GOLFI REALTY INC. |
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%
- $690
- Property tax
- $115
- Heat allowance
- $150
- Condo fees, half counted
- $520
- Housing costs
- $1,475 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$45,000
gross annual household income
- Payment at 4%
- $568 / mo
- Cash down
- $26,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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