166 Mountain Park Avenue, Unit 1, Hamilton, ON

$575,000
MLS#:X11907003
1 beds
5 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 Centremount. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $575,000 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.

  • 1 Bedroom and 5 Bathrooms
  • Generous living space spanning 1000-1199 sqft
  • Features a partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available with a convenient carport configuration
  • Notable attributes: Other
  • equipped with wall unit(s) central cooling and highly efficient baseboard heating via electric

Description

Welcome to the PENTHOUSE of the prestigious Incline Place, centrally located on top of the Wentworth stairs & new promenade. This 1,046 sq ft space offers exceptional, unobstructed views of the city, Niagara Escarpment, Lake Ontario, and Toronto skyline from wall-to-wall windows. Enjoy your private, exclusive oasis on your very own sprawling 750 sq ft OUTDOOR TERRACE w/ a large deck pergola w/ planters. This spacious unit is filled with natural light with epic panoramic views in every room. Neutral, fresh paint throughout. The bathroom vanity & cupboard have been recently updated and grand primary bedroom boasts triple and double door his/her closets. This suite offers plenty of storage, in-suite laundry, elevator, common area with games room, party room, exercise room and additional communal rooftop garden with BBQ. Private carport parking and a locker in common space complete this picture. This building features a total of 12 suites. A great community ensures mindful maintenance. RSA and square footage approximate. **EXTRAS** NO SMOKING BUILDING AND PROPERTY, PETS RESTRICTED: 2 CAT MAXIMUM, NO DOGS.

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Property Summary

This condo apartment located at 166 Mountain Park Avenue, Hamilton is currently for sale and has been available on SousaSells for 558 days. This property is listed at $575,000 with an estimated mortgage of $1,914* per month. It has 1 bed, 5 bathrooms, and is 1000-1199 square feet. 166 Mountain Park Avenue, Hamilton is in the Centremount neighborhood.

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

Key Features

Bedrooms
1
Bathrooms
5
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateMarch 18, 2025
Sold price information is available to members only
Listed Date1/4/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick, Concrete
BasementPartial Basement
CountyHamilton
Annual Tax$3,417.38

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeCarport

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingWall Unit(s)

Features

Property Features

Interior Features

Other

Security Features

Community Features

Location

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166 Mountain Park Avenue, Unit 1, 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 166 Mountain Park Avenue PH 701, Hamilton, ON L8V 1A1

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$172,500 (30.0%)
* Minimum Canadian down payment required for this price is $32,500.
Amortization Period30 Years
Estimated Monthly Payment$1,914Based on a loan of $402,500 over 30 years.
Purchase Price$575,000
Loan Amount$402,500
Provincial Land Transfer Tax:$7,975
Total Estimated Closing Taxes:$7,975

About Purchasing a Home in Hamilton, ON

For a property listed at $575,000 in Hamilton, the legal minimum down payment is $32,500 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 $7,975 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 $7,975.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$768,371

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

Queensdale
Public67 Queensdale Avenue East, Centremount, Hamilton, Ontario, L9A 1K4
6.6
Sts Peter & Paul
Public49 Fennell Avenue East, Balfour, Hamilton, Ontario, L9A 1R5
6.4
Queen Victoria
Public166 Forest Avenue, Corktown, Hamilton, Ontario, L8N 0A5
2.7
George L Armstrong
Public460 Concession Street, Inch Park, Hamilton, Ontario, L9A 1C3
3.0
Norwood Park
PublicBalfour, Hamilton, Ontario
8.4

Secondary Schools

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.