283 King Street, Unit 6, Hamilton, ON

$324,900
MLS#:X11889078
1 beds
1 baths
500-599 sqft
Residential Condo & Other
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Property no longer active

This property was sold on February 10, 2025. 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 Beasley. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $324,900 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
  • 0.0 total parking spaces available
  • Notable attributes: Carpet Free, Intercom, Storage Area Lockers
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Beautiful condo with very low monthly fees (ONLY $226/MONTH!!!) in the downtown core. Spacious unit perfect for first time home buyers looking to live a chic downtown lifestyle or an investor looking to lease out a condo with low maintenance fees. 9' ceilings, open concept, newer appliances, granite countertops, backsplash, hardwood floors and laundry on the same floor. Excellent location! Close to trendy restaurants, cafes, shopping, offices, colleges, Art Crawl, transit, GO Station and everything the heart of downtown has to offer. Welcome Home! RSA

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Property Summary

This condo apartment located at 283 King Street, Hamilton is currently for sale and has been available on SousaSells for 584 days. This property is listed at $324,900 with an estimated mortgage of $1,081* per month. It has 1 bed, 1 bathroom, and is 500-599 square feet. 283 King 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
Kitchens
1
Living Area
500-599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateFebruary 10, 2025
Sold price information is available to members only
Listed Date12/10/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyHamilton
Annual Tax$2,064

Parking & Garage

Parking Spaces0.0
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital, Library, Public Transit, School

Interior Features

Carpet Free, Intercom, Storage Area Lockers

Security Features

Community Features

Location

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283 King Street, Unit 6, 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 283 King Street E 206, Hamilton, ON L8N 1B9

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$97,470 (30.0%)
* Minimum Canadian down payment required for this price is $16,245.
Amortization Period30 Years
Estimated Monthly Payment$1,081Based on a loan of $227,430 over 30 years.
Purchase Price$324,900
Loan Amount$227,430
Provincial Land Transfer Tax:$3,349
Total Estimated Closing Taxes:$3,349

About Purchasing a Home in Hamilton, ON

For a property listed at $324,900 in Hamilton, the legal minimum down payment is $16,245 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 $3,349 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 $3,349.

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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.