181 James Street, Unit 10, Hamilton, ON

$625,000
MLS#:X9041258
1 beds
1 baths
900-999 sqft
1.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on September 16, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Strathcona. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $625,000 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 1 Bathroom
  • Generous living space spanning 900-999 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Urban Professionals, this is a great opportunity to live in Hamilton's Arts District, steps from the West Harbour GO and the area's most popular shops, restaurants and galleries. The Residences at Acclamation offer you the best of Hamilton living, just a train ride away from Toronto! This 980sqft condo has been beautifully decorated and features an open concept upgraded kitchen with breakfast bar, a bright primary bedroom with great views, and a den with walk-in closet that can easily be used as a second bedroom. Engineered flooring throughout, with a spacious living room and dining area. There is access from the main living area to the balcony, which features an eastern exposure and views of the charming buildings across the street and beyond, plus a double-sided gas fireplace and BBQ hookup. Good sized closets and a large walk-in pantry/laundry room offer ample storage space, plus there is a locker in the underground heated parking garage. The condo fee includes heat, water, central air, and there is a high speed internet package. Don't miss your chance to experience urban living at its finest!

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Property Summary

This condo apartment located at 181 James Street, Hamilton is currently for sale and has been available on SousaSells for 731 days. This property is listed at $625,000 with an estimated mortgage of $2,080* per month. It has 1 bed, 1 bathroom, and is 900-999 square feet. 181 James Street, Hamilton is in the Strathcona neighborhood.

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

Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
900-999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateSeptember 16, 2024
Sold price information is available to members only
Listed Date7/16/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyHamilton
Annual Tax$4,698

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital, Place Of Worship, Ravine

Interior Features

Other

Security Features

Community Features

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Location

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181 James Street, Unit 10, 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 181 James Street N 510, Hamilton, ON L8R 2K9

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.

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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$187,500 (30.0%)
* Minimum Canadian down payment required for this price is $37,500.
Amortization Period30 Years
Estimated Monthly Payment$2,080Based on a loan of $437,500 over 30 years.
Purchase Price$625,000
Loan Amount$437,500
Provincial Land Transfer Tax:$8,975
Total Estimated Closing Taxes:$8,975

About Purchasing a Home in Hamilton, ON

For a property listed at $625,000 in Hamilton, the legal minimum down payment is $37,500 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 $8,975 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 $8,975.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$647,737

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
St Lawrence's
PublicMary Street, North End East, Hamilton, Ontario, L8L 3X3
4.8
Queen Victoria
Public166 Forest Avenue, Corktown, Hamilton, Ontario, L8N 0A5
2.7

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
Cathedral
Public30 Wentworth Street North, Gibson, Hamilton, Ontario, L8L 8H5
4.6
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.