150 Main Street Unit PH05, Hamilton

Price: $389,000

2 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: X13569582

Perched on the top of this highly desirable building, this rare penthouse 1-bedroom plus den, 2-Bathroom suite blends striking structural design with everyday functional luxury in the heart of downtown Hamilton. The floor-to-ceiling windows, standing 10 ft tall, dramatically bathe the suite with exceptional light, creating an immediate sense of grandeur and scale. The dedicated den functions seamlessly as a professional home office, creative studio, or private guest space. This building offers must-have amenities including an indoor pool, gym and rooftop terrace and places you right in the highly desirable part of town, close to restaurants, McMaster University, City Hall and is strategically placed close to the highways for easy commutes. Come explore this fantastic place that you will soon call home.

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$389,000 - 150 Main Street Unit PH05, Hamilton

Condo for Sale in Hamilton

39 days on market

Neighbourhood: Central

2Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
X13569582
Property Type
Condo
Status
active
Days on Site
39
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Hamilton
Locker
None
Exposure
West
Balcony
Open
Listing Brokerage
RIGHT AT HOME REALTY
Description

Perched on the top of this highly desirable building, this rare penthouse 1-bedroom plus den, 2-Bathroom suite blends striking structural design with everyday functional luxury in the heart of downtown Hamilton. The floor-to-ceiling windows, standing 10 ft tall, dramatically bathe the suite with exceptional light, creating an immediate sense of grandeur and scale. The dedicated den functions seamlessly as a professional home office, creative studio, or private guest space. This building offers must-have amenities including an indoor pool, gym and rooftop terrace and places you right in the highly desirable part of town, close to restaurants, McMaster University, City Hall and is strategically placed close to the highways for easy commutes. Come explore this fantastic place that you will soon call home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,995.77/mo

Includes CMHC insurance ($10,853)

$
$
5%10%50%

5-yr fixed avg.

Principal: $350,100Interest: $237,778
Mortgage Amount$360,953
Total Interest$237,778
Est. Property Tax$276/mo
Total Cost$598,731

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.

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Neighbourhood Guide: Central

Discover Central

Central 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 Central

  • Convenient location in Hamilton
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

Central 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.

70
Walk Score
Varies
Price Range

150 Main Street Unit PH05, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
4.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$276
Insurance (est.)-$81
Net Cash Flow+$1,323

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $486/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 39 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 800 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 Central

I know Central 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.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    150 Main Street Unit PH05, Hamilton | $389,000 | Battaglia Team