17 King Street Unit 502, Hamilton

Price: $389,999

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: X13855816

Welcome to 17 King St E #502, a spacious two bedroom condo in the heart of Dundas. Offering updated flooring, in suite laundry, and a comfortable layout, this home is an ideal choice for first time buyers, downsizers, investors, or those looking for convenient living close to McMaster University. Enjoy the convenience of having grocery stores, local shops, restaurants, parks, and public transit all within easy reach. McMaster University is also just a short distance away, making this an excellent location for students, faculty, or anyone looking to stay close to campus. The unit also includes an owned underground parking space and an owned storage locker, adding valuable convenience and extra storage. A great opportunity to enjoy low maintenance living in a vibrant and walkable Dundas location.

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active
New Listing

$389,999 - 17 King Street Unit 502, Hamilton

Condo for Sale in Hamilton

New — Listed 5 days ago

Neighbourhood: Dundas

2Beds
1Baths
700 - 1,099Sq Ft
Condo

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Property Details
MLS Number
X13855816
Property Type
Condo
Status
active
Days on Site
5
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Hamilton
Taxes (2026)
$2,677
Maintenance Fees
$841/mo
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
EXP REALTY
Description

Welcome to 17 King St E #502, a spacious two bedroom condo in the heart of Dundas. Offering updated flooring, in suite laundry, and a comfortable layout, this home is an ideal choice for first time buyers, downsizers, investors, or those looking for convenient living close to McMaster University. Enjoy the convenience of having grocery stores, local shops, restaurants, parks, and public transit all within easy reach. McMaster University is also just a short distance away, making this an excellent location for students, faculty, or anyone looking to stay close to campus. The unit also includes an owned underground parking space and an owned storage locker, adding valuable convenience and extra storage. A great opportunity to enjoy low maintenance living in a vibrant and walkable Dundas location.

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Estimate your monthly payments for this property

Estimated Payment

$2,000.90/mo

Includes CMHC insurance ($10,881)

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5-yr fixed avg.

Principal: $350,999Interest: $238,389
Mortgage Amount$361,880
Total Interest$238,389
Est. Property Tax$276/mo
Total Cost$600,269

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: Dundas

Discover Dundas

Dundas 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 Dundas

  • •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

Dundas 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

17 King Street Unit 502, 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)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$841
Property Tax (est.)-$276
Insurance (est.)-$81
Net Cash Flow+$1,002

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 $557/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Hamilton's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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. The $841/month fees should cover building insurance, common elements, and reserve contributions.

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 Dundas

I know Dundas 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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    17 King Street Unit 502, Hamilton | $389,999 | Battaglia Team