5 Hamilton Street, Unit 5, Hamilton, ON

$414,000
MLS#:X9382474
1 beds
1 baths
0-499 sqft
1.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on November 7, 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 Waterdown. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $414,000 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 0-499 sqft
  • 1.0 total parking spaces available
  • Notable attributes: Carpet Free, On Demand Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this beautiful 1-bedroom condo featuring modern finishes and thoughtful details throughout. Step inside to discover sleek vinyl flooring that spans the living spaces, providing a low-maintenance and stylish foundation. The open concept until boasts stunning quartz countertops and stainless steel appliances complemented by pot lights that offer bright and elegant illumination.This unit includes the convenience of in-suite laundry, as well as a dedicated storage locker for extra space. You'll also enjoy an owned parking spot.Almost everything you need is right outside your doorstep at the Waterdown Shopping Centre including a grocery store, pharmacy, restaurants and services. Discover everything Waterdown has to offer as you are only a short walk to the Waterdown Farmer's market, nearby walking trails, and Memorial Park.In the fall, stroll through Waterdowns charming streets to experience the unique Scarecrow Walk, and during winter, enjoy the magical light displays or skate the loop at Memorial Park. You can even catch the Santa Claus Parade from the cozy comfort of your home!Located close to all amenities, this condo offers both comfort and convenience, making it an ideal home for those seeking a modern, low-maintenance lifestyle in a desirable location.

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Property Summary

This condo apartment located at 5 Hamilton Street, Hamilton is currently for sale and has been available on SousaSells for 651 days. This property is listed at $414,000 with an estimated mortgage of $1,378* per month. It has 1 bed, 1 bathroom, and is 0-499 square feet. 5 Hamilton Street, Hamilton is in the Waterdown 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
0-499 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateNovember 7, 2024
Sold price information is available to members only
Listed Date10/4/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyHamilton
Annual Tax$1,882.08

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

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

Interior Features

Carpet Free, On Demand Water Heater

Security Features

Community Features

Location

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5 Hamilton Street, Unit 5, 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 5 Hamilton Street N 405, Hamilton, ON L8B 2A4

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$124,200 (30.0%)
* Minimum Canadian down payment required for this price is $20,700.
Amortization Period30 Years
Estimated Monthly Payment$1,378Based on a loan of $289,800 over 30 years.
Purchase Price$414,000
Loan Amount$289,800
Provincial Land Transfer Tax:$4,755
Total Estimated Closing Taxes:$4,755

About Purchasing a Home in Hamilton, ON

For a property listed at $414,000 in Hamilton, the legal minimum down payment is $20,700 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 $4,755 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 $4,755.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,015,171

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

Guardian Angels
Public705 Centre Road, Waterdown, Hamilton, Ontario, L8N 2Z7
6.7
Flamborough Centre
Public922 Centre Road, Hamilton, Ontario, L8N 2Z7
6.0

Secondary Schools

No secondary schools data loaded.

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.