1 Redfern Avenue, Unit 5, Hamilton, ON

$650,000
MLS#:X10414547
2 beds
2 baths
1000-1199 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Mountview. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $650,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1000-1199 sqft
  • 1.0 total parking spaces available
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to #409 - 1 Redfern Ave, a modern 2-bedroom, 2-bath condo in the heart of Hamilton, ON. Offering 1,160 sqft of beautifully designed living space, this unit blends contemporary style with comfort, perfect for both relaxation and entertaining. Step inside to an open-concept layout with bright living and dining areas, ideal for family gatherings or quiet nights in. The sleek kitchen features high-end finishes, stainless steel appliances, and ample counter space. Both bedrooms are generously sized, and the primary suite includes a private 5-pc ensuite for added privacy. This unit also boasts two full baths for extra comfort. Enjoy the perks of living in a brand-newbuilding with amenities like a fitness center, movie theatre, party room, secure entry, and dedicated parking. Located in a prime area, you'll have easy access to transit, shops, restaurants, and parks, making it the perfect spot for urban living. Unit has one parking spot.

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Property Summary

This condo apartment located at 1 Redfern Avenue, Hamilton is currently for sale and has been available on SousaSells for 615 days. This property is listed at $650,000 with an estimated mortgage of $2,164* per month. It has 2 beds, 2 bathrooms, and is 1000-1199 square feet. 1 Redfern Avenue, Hamilton is in the Mountview neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateNovember 27, 2024
Sold price information is available to members only
Listed Date11/8/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick, Stone
BasementNone
CountyHamilton
Annual Tax$6,421.83

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Library, Park, Public Transit, School

Interior Features

None

Security Features

Community Features

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Location

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1 Redfern Avenue, Unit 5, Hamilton, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1 Redfern Avenue 409, Hamilton, ON L9C 0E6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Hamilton.

Configure Loan Settings

Interest Rate4.00%
Down Payment$195,000 (30.0%)
* Minimum Canadian down payment required for this price is $40,000.
Amortization Period30 Years
Estimated Monthly Payment$2,164Based on a loan of $455,000 over 30 years.
Purchase Price$650,000
Loan Amount$455,000
Provincial Land Transfer Tax:$9,475
Total Estimated Closing Taxes:$9,475

About Purchasing a Home in Hamilton, ON

For a property listed at $650,000 in Hamilton, the legal minimum down payment is $40,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,475 for this transaction. As this listing is in Hamilton (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,475.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Mountview, Hamilton.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$755,442

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Holbrook
Public450 Sanatorium Road, Westcliffe West, Hamilton, Ontario, L9C 2B1
6.3
Mountview
Public59 Karen Crescent, Mountview, Hamilton, Ontario, L9C 5M5
5.6
St Teresa of Avila
Public171 San Remo Drive, Mountview, Hamilton, Ontario, L9C 6P8
4.9
Regina Mundi
Public675 Mohawk Road West, Westcliffe West, Hamilton, Ontario, L9C 1X7
6.8
Chedoke
PublicWest 27th Street, Westcliffe East, Hamilton, Ontario, L9C 4Z5
4.5

Secondary Schools

Sir Allan MacNab
Public145 Magnolia Drive, Fessenden, Hamilton, Ontario, L9C 5P4
3.8
Westmount
Public39 Montcalm Drive, Rolston, Hamilton, Ontario, L9C 4B1
7.3
Westdale
Public700 Main Street West, Westdale South, Hamilton, Ontario, L8S 1A5
6.7

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.