1950 Main Street Unit 802, Hamilton

Price: $237,400

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: X13803758

Welcome to this bright and spacious one-bedroom condo offering comfortable, low-maintenance living with beautiful escarpment views. Recently refreshed in bright, neutral tones, the unit features newer luxury vinyl plank flooring throughout and an abundance of natural light. The generous living room opens to a spacious private balcony-the perfect place to relax and enjoy the view. A dedicated dining area sits just off the well-designed galley kitchen, complete with stainless steel appliances, ample counter space and plenty of cabinetry. The spacious bedroom and full four-piece bathroom complete the functional layout. Additional conveniences include an owned underground parking space and storage locker. Set on lush grounds backing onto the Dundas Valley, this location offers convenient access to conservation trails, McMaster University and Hospital, Westdale Village, University Plaza, restaurants, shopping and everyday amenities. HSR transit is available directly outside the building, while nearby Highway 403 and McMaster's GO Bus Terminal make commuting throughout Hamilton and the GTHA easy. Public-school catchments include Cootes Paradise Elementary and Westdale Secondary. An excellent opportunity for first-time buyers, downsizers, professionals or investors-book your private showing today!

1950 Main Street Unit 802 - Condo photo 1 of 24 in Hamilton, Ontario
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active
New Listing

$237,400 - 1950 Main Street Unit 802, Hamilton

Condo for Sale in Hamilton

New — Listed 3 days ago

Neighbourhood: Ainslie Wood

1Beds
1Baths
500Sq Ft
Condo

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Property Details
MLS Number
X13803758
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Hamilton
Locker
Exclusive
Exposure
West
Balcony
Open
Listing Brokerage
Real Broker Ontario Ltd.
Description

Welcome to this bright and spacious one-bedroom condo offering comfortable, low-maintenance living with beautiful escarpment views. Recently refreshed in bright, neutral tones, the unit features newer luxury vinyl plank flooring throughout and an abundance of natural light. The generous living room opens to a spacious private balcony-the perfect place to relax and enjoy the view. A dedicated dining area sits just off the well-designed galley kitchen, complete with stainless steel appliances, ample counter space and plenty of cabinetry. The spacious bedroom and full four-piece bathroom complete the functional layout. Additional conveniences include an owned underground parking space and storage locker. Set on lush grounds backing onto the Dundas Valley, this location offers convenient access to conservation trails, McMaster University and Hospital, Westdale Village, University Plaza, restaurants, shopping and everyday amenities. HSR transit is available directly outside the building, while nearby Highway 403 and McMaster's GO Bus Terminal make commuting throughout Hamilton and the GTHA easy. Public-school catchments include Cootes Paradise Elementary and Westdale Secondary. An excellent opportunity for first-time buyers, downsizers, professionals or investors-book your private showing today!

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Estimate your monthly payments for this property

Estimated Payment

$1,217.99/mo

Includes CMHC insurance ($6,623)

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5-yr fixed avg.

Principal: $213,660Interest: $145,112
Mortgage Amount$220,283
Total Interest$145,112
Est. Property Tax$168/mo
Total Cost$365,396

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: Ainslie Wood

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

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

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.

70
Walk Score
Varies
Price Range

1950 Main Street Unit 802, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
6.4%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$168
Insurance (est.)-$49
Net Cash Flow+$1,258

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 $475/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. We'll want to verify the monthly fees and what they include.

Efficient Living

At 500 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.

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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    1950 Main Street Unit 802, Hamilton | $237,400 | Battaglia Team