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New2 days ago

802 - 1950 Main Street W

Ainslie Wood, Hamilton

$219,900

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

Welcome to this bright and spacious one-bedroom condo offering comfortable, low-maintenance living with beautiful escarpment views. Recently refreshed in bright, neutral tones, the unit features newer luxury vinyl plank flooring throughout and an abundance of natural light. The generous living room opens to a spacious private balcony-the perfect place to relax and enjoy the view. A dedicated dining area sits just off the well-designed galley kitchen, complete with stainless steel appliances, ample counter space and plenty of cabinetry. The spacious bedroom and full four-piece bathroom complete the functional layout. Additional conveniences include an owned underground parking space and storage locker. Set on lush grounds backing onto the Dundas Valley, this location offers convenient access to conservation trails, McMaster University and Hospital, Westdale Village, University Plaza, restaurants, shopping and everyday amenities. HSR transit is available directly outside the building, while nearby Highway 403 and McMaster's GO Bus Terminal make commuting throughout Hamilton and the GTHA easy. Public-school catchments include Cootes Paradise Elementary and Westdale Secondary. An excellent opportunity for first-time buyers, downsizers, professionals or investors-book your private showing today!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$781
LockerExclusive
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$1,989
mls© NumberX14098642
Listed ByReal Broker Ontario Ltd.
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%
$1,126
Property tax
$166
Heat allowance
$150
Condo fees, half counted
$390
Housing costs
$1,832 / mo

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

Down payment20% · $43,980
25-yr amortization

Income needed

$56,000

gross annual household income

Payment at 4%
$925 / mo
Cash down
$43,980

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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