50 Main Street, Unit 3, Hamilton, ON

$649,900
MLS#:X10413567
2 beds
2 baths
1200-1399 sqft
1.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on December 12, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Loft condo apartment located in the coveted neighborhood of Cootes Paradise. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $649,900 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1200-1399 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Central Vacuum, Garburator, Intercom
  • equipped with wall unit(s) central cooling and highly efficient baseboard heating via electric

Description

Welcome to "Mainhattan", a unique 2-storey loft-style condo located in the heart of historic downtown Dundas. This top-floor unit offers unparalleled charm and convenience, just minutes from restaurants, shops, scenic conservation areas, and walking trails. Step inside to soaring 18-foot ceilings and a stunning picture-frame window that fills the space with natural light. The main floor boasts a gorgeous elevated living room with cozy electric fireplace and entertainment area, large formal dining room, spacious second bedroom, 2pce bath and one of the largest kitchens in the building, complete with recent updates and ample storage. Ascend to the upper level, where the loft-style primary bedroom awaits with a private 4-piece ensuite, w/new built-in laundry, bonus elevated den ideal for a home office, fitness space, or expanded closet. This level overlooks the open-concept main floor, adding to the units airy, expansive feel. As a top-floor resident you will enjoy exclusive perks like covered parking and private locker room. The cherry on top is the rooftop patio with 360-degree views, BBQ area, and numerous lounge areas perfect for relaxing or entertaining. Only a short drive to McMaster Hospital and University, all major hwys and groceries. Luxurious living with an unbeatable location!

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Property Summary

This condo apartment located at 50 Main Street, Hamilton is currently for sale and has been available on SousaSells for 618 days. This property is listed at $649,900 with an estimated mortgage of $2,163* per month. It has 2 beds, 2 bathrooms, and is 1200-1399 square feet. 50 Main Street, Hamilton is in the Cootes Paradise neighborhood.

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

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateDecember 12, 2024
Sold price information is available to members only
Listed Date11/7/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleLoft
ConstructionBrick
BasementNone
CountyHamilton
Annual Tax$3,439.3

Parking & Garage

Parking Total1.0
Parking Space0
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingWall Unit(s)

Features

Property Features

Interior Features

Central Vacuum, Garburator, Intercom, Separate Heating Controls, Separate Hydro Meter, Water Heater Owned

Security Features

Community Features

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Location

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50 Main Street, Unit 3, 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 50 Main Street 403, Hamilton, ON L9H 6P8

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$194,970 (30.0%)
* Minimum Canadian down payment required for this price is $39,990.
Amortization Period30 Years
Estimated Monthly Payment$2,163Based on a loan of $454,930 over 30 years.
Purchase Price$649,900
Loan Amount$454,930
Provincial Land Transfer Tax:$9,473
Total Estimated Closing Taxes:$9,473

About Purchasing a Home in Hamilton, ON

For a property listed at $649,900 in Hamilton, the legal minimum down payment is $39,990 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 $9,473 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 $9,473.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$832,364

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

Canadian Martyrs
Public1355 Main Street West, Ainslie Wood East, Hamilton, Ontario, L8S 4M7
3.2
Mountview
Public59 Karen Crescent, Mountview, Hamilton, Ontario, L9C 5M5
5.6
St Teresa of Avila
Public171 San Remo Drive, Mountview, Hamilton, Ontario, L9C 6P8
4.9
Holbrook
Public450 Sanatorium Road, Westcliffe West, Hamilton, Ontario, L9C 2B1
6.3
Chedoke
PublicWest 27th Street, Westcliffe East, Hamilton, Ontario, L9C 4Z5
4.5

Secondary Schools

Westdale
Public700 Main Street West, Westdale South, Hamilton, Ontario, L8S 1A5
6.7
Georges-P-Vanier
Public100 Macklin Street North, Westdale North, Hamilton, Ontario, L8S 3S1
7.1
Sir Allan MacNab
Public145 Magnolia Drive, Fessenden, Hamilton, Ontario, L9C 5P4
3.8

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.