293 Mohawk Road, Unit 2, Hamilton, ON

$324,500
MLS#:X9265544
1 beds
1 baths
600-699 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 Hill Park. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $324,500 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 600-699 sqft
  • 1.0 total parking spaces available
  • Notable attributes: Other
  • equipped with wall unit(s) central cooling and highly efficient radiant heating via gas

Description

Unpack and move right in to this recently renovated 1 bed, 1 bath condo unit in great Central Mountain location. Brand new luxury vinyl plank flooring and freshly painted thru-out. Open concept unit with breakfast bar, large, bright windows and huge balcony, great for sitting out. Convenient insuite laundry (2017), newer fridge (2024) and stove included, one window unit a/c and one free standing a/c included. One parking spot (#16) and one locker (#5) included. Fabulous loc'n with walking distance to Limeridge Mall, Sackville Hill Rec Centre, churches, parks and on bus route with easy access to the Linc. Perfect for first time home buyers or retirees. Lovely quiet building. RSA

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Property Summary

This condo apartment located at 293 Mohawk Road, Hamilton is currently for sale and has been available on SousaSells for 694 days. This property is listed at $324,500 with an estimated mortgage of $1,080* per month. It has 1 bed, 1 bathroom, and is 600-699 square feet. 293 Mohawk Road, Hamilton is in the Hill Park 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
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateAugust 30, 2024
Sold price information is available to members only
Listed Date8/21/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyHamilton
Annual Tax$1,965

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeRadiant
CoolingWall Unit(s)

Features

Property Features

Hospital, Park, Place Of Worship, Public Transit, Rec./Commun.Centre

Interior Features

Other

Security Features

Security System

Community Features

Location

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293 Mohawk Road, 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 293 Mohawk Road E 301, Hamilton, ON L9A 2J1

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.

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Interest Rate4.00%
Down Payment$97,350 (30.0%)
* Minimum Canadian down payment required for this price is $16,225.
Amortization Period30 Years
Estimated Monthly Payment$1,080Based on a loan of $227,150 over 30 years.
Purchase Price$324,500
Loan Amount$227,150
Provincial Land Transfer Tax:$3,343
Total Estimated Closing Taxes:$3,343

About Purchasing a Home in Hamilton, ON

For a property listed at $324,500 in Hamilton, the legal minimum down payment is $16,225 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 $3,343 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 $3,343.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$725,788

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

Norwood Park
PublicBalfour, Hamilton, Ontario
8.4
Our Lady of Lourdes
Public420 Mohawk Road East, Thorner, Hamilton, Ontario, L8V 2H7
7.3
Sts Peter & Paul
Public49 Fennell Avenue East, Balfour, Hamilton, Ontario, L9A 1R5
6.4
Franklin
Public500 Franklin Road, Burkholme, Hamilton, Ontario, L8V 2A4
4.3
Pauline Johnson
Public25 Hummingbird Lane, Bruleville, Hamilton, Ontario, L9A 4B1
2.8

Secondary Schools

Westmount
Public39 Montcalm Drive, Rolston, Hamilton, Ontario, L9C 4B1
7.3

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.