$701,762 - 1107 Main Street Unit 1003, Hamilton
Condo for Sale in Hamilton
Neighbourhood: Ainslie Wood
- MLS Number
- X13604822
- Property Type
- Condo
- Status
- active
- Days on Site
- 30
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Hamilton
- Locker
- None
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- RESIDENTIAL DEVELOPMENT SERVICES INC.
Welcome to 1107 Main Condos, an exciting brand-new residential condominium by IN8 Developments, perfectly situated in Hamilton's vibrant Ainslie Wood community. This modern, thoughtfully designed unit features 2 bedrooms, 2 bathrooms, and walk-out to 200 sqft balcony. Boasting bright, open-concept living with expansive floor-to-ceiling windows and premium contemporary finishes, the suite offers the ultimate in stylish urban living. Residents will enjoy an array of exceptional building amenities, including a beautifully landscaped central courtyard, a stunning rooftop terrace with outdoor lounge and dining areas, a fully equipped fitness center, and dedicated concierge service. Conveniently located steps from the future Light Rail Transit Line and public transit, the building is just five minutes from the Hamilton Centre GO Station, 500 meters from McMaster University & Medical Centre, and offers easy access to local parks, schools, libraries, and Highway 403. This prime location provides unmatched convenience for professionals, students, and families alike. Complete with ultra-convenient in-suite laundry and bulk internet included, this is an incredible opportunity to experience upscale living in a premier Hamilton location. Parking & Locker are available at an additional cost. Property Taxes have not been assessed yet.
Estimate your monthly payments for this property
Estimated Payment
$3,631.83/mo
Includes CMHC insurance ($25,263)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Ainslie Wood
Ainslie Wood is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Ainslie Wood
- •Convenient location in Hamilton
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Ainslie Wood offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1107 Main Street Unit 1003, Hamilton
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1003/sqft, this property is priced in line with current Hamilton market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 30 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
About Ainslie Wood
I know Ainslie Wood well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Hamilton properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,924 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.