Homula Realty Brokerage
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135 James Street S 701, Hamilton, ON L8P 2Z6

2 beds · 2 baths · 1 kitchen · 5 rooms · 1 parking space · 1000-1199 sq ft · Locker · Laundry in unit · Common Element Condo
$328,000

Utilities includedHeat · Water

Also includedCommon Elements · Building Insurance

Maintenance fee
$939 / month
Property tax
$4,103 / year
Included in the fee
Heat, Common Elements, Building Insurance, Water

Luminous 1000 square foot two-bedroom, two full bathrooms corner unit condo on sale at the prestigious Chateau Royale building in the heart of downtown Hamilton. This bright and spacious unit with in-suite laundry, offers comfortable and modern living for every professional. It is perfectly located in North Durand next to the Hamilton Go Station and within walking distance to all amenities including restaurants, arts, theatres, parks, public transit and so much more! The building offers easy commutes to McMaster University, Mohawk College, St. Joseph's Hospital and McMaster Children's Hospital. Don't miss out on this unique and spacious layout in the desired Chateau Royale!

MLS number
X13588206
Type
Common Element Condo
Status
Active
Bedrooms
2
Bathrooms
2
Postal code
L8P 2Z6
Photos
35
Locker
Yes — Owned
Laundry
In the unit — In-Suite Laundry
Included in the fee
Heat, Common Elements, Building Insurance, Water
55days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

This address could not be placed on the mapHomula matches addresses against open government address data, and this one found no match — so the map, the nearby schools and the school boundaries are all unavailable for this listing. It is a gap in our data, not a property without schools nearby.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$65,600 · minimum here is $16,400
$1,452.31per month
Borrowed before insurance$262,400
Total borrowed$262,400
Interest over 25 years at 4.5%$173,294

If you rented it out

-$2,733.23per month out of pocket
Rent$0.00
Everything it costs to hold$2,733.23
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by STONEMILL REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.