130 Wellington Street, Unit 2, Hamilton, ON

$249,800
MLS#:X9248080
1 beds
1 baths
500-599 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment common element condo located in the coveted neighborhood of Beasley. Expertly crafted featuring premium stucco (plaster) and stone construction, this residence presents an exceptional opportunity offered at $249,800 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.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 500-599 sqft
  • 1.0 total parking spaces available
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Waiting for a bargain? None will be better! Welcome to your quiet and private 1 bedroom basement condo in downtown Hamilton! Be next to everything for next to nothing! This modern entry-level condo is waiting for you! Featuring a highly functional layout that maximizes every inch of space for comfortable living, stainless steel fridge & gas stove, granite counters, central A/C and in-suite laundry. BONUS Exclusive parking space & low condo fees! Walk to King William & James Street restaurants with a Shopper's Drug Mart next door! With transit close by, you'll find affordable living while escaping the rental market. Reasonably priced for immediate occupancy!

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Property Summary

This condo apartment located at 130 Wellington Street, Hamilton is currently for sale and has been available on SousaSells for 706 days. This property is listed at $249,800 with an estimated mortgage of $831* per month. It has 1 bed, 1 bathroom, and is 500-599 square feet. 130 Wellington Street, Hamilton is in the Beasley neighborhood.

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

Key Features

Bedrooms
1
Bathrooms
1
0
Living Area
500-599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateSeptember 16, 2024
Sold price information is available to members only
Listed Date8/9/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCommon Element Condo
Architectural StyleApartment
ConstructionStucco (Plaster), Stone
BasementNone
CountyHamilton
Annual Tax$1,989.78

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Carpet Free

Security Features

Community Features

Location

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130 Wellington Street, Unit 2, 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 130 Wellington Street N 2, Hamilton, ON L8R 1N3

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$74,940 (30.0%)
* Minimum Canadian down payment required for this price is $12,490.
Amortization Period30 Years
Estimated Monthly Payment$831Based on a loan of $174,860 over 30 years.
Purchase Price$249,800
Loan Amount$174,860
Provincial Land Transfer Tax:$2,223
Total Estimated Closing Taxes:$2,223

About Purchasing a Home in Hamilton, ON

For a property listed at $249,800 in Hamilton, the legal minimum down payment is $12,490 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 $2,223 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 $2,223.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$575,187

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

Hess Street
Public107 Hess Street North, Central, Hamilton, Ontario, L8R 2T1
5.4
Dr. J. Edgar Davey
Public99 Ferguson Avenue North, Beasley, Hamilton, Ontario, L8R 1L6
1.9
Bennetto
Public47 Simcoe Street East, North End East, Hamilton, Ontario, L8L 3N2
3.3
Queen Victoria
Public166 Forest Avenue, Corktown, Hamilton, Ontario, L8N 0A5
2.7
St Lawrence's
PublicMary Street, North End East, Hamilton, Ontario, L8L 3X3
4.8

Secondary Schools

St. Mary’s
Catholic146 Park Street North, Central, Hamilton, Ontario, L8R 2N2
7.2
Georges-P-Vanier
Public100 Macklin Street North, Westdale North, Hamilton, Ontario, L8S 3S1
7.1
Westdale
Public700 Main Street West, Westdale South, Hamilton, Ontario, L8S 1A5
6.7
Cathedral
Public30 Wentworth Street North, Gibson, Hamilton, Ontario, L8L 8H5
4.6

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.