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Listed 12 days ago

704 - 101 Queen Street S

Dundurn, Hamilton

$199,000

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

Combine an affordable price point with all-inclusive condo fees, and you have one of the best opportunities in the City. Unique features include a semi-ensuite bathroom, dedicated dining area, sleek stand-up bar, and a bonus enclosed balcony where you will appreciate many beautiful sunsets over the escarpment. Call one of Hamilton's most desirable neighbourhoods "home", with Locke St, parks, hospitals, McMaster, the highway, and several other hidden gems all just minutes away. The well-maintained building offers owned underground parking and locker, a spacious BBQ/picnic area, and a live-in Superintendent for added everyday convenience. An exceptional opportunity in a fantastic location- all that's missing is YOU.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age51-99
Size600-699 sq. ft.
Maintenance Fees$852
LockerOwned
BalconyEnclosed
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesCovered, Private, Underground
Property Tax$2,149
mls© NumberX13862006
Listed ByKELLER WILLIAMS EDGE REALTY
Heat Included
Hydro Included
Water Included
Common Elements Included
Building Insurance 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%
$1,019
Property tax
$179
Heat allowance
$150
Condo fees, half counted
$426
Housing costs
$1,774 / mo

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

Down payment20% · $39,800
25-yr amortization

Income needed

$55,000

gross annual household income

Payment at 4%
$837 / mo
Cash down
$39,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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