$599,900 - 197 Duke Street Unit 503, Hamilton
Condo for Sale in Hamilton
Popular ListingNeighbourhood: Durand
- MLS Number
- X13471374
- Property Type
- Condo
- Status
- active
- Days on Site
- 14
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- Hamilton
- Locker
- Exclusive
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- ROYAL LEPAGE STATE REALTY
Inviting, open concept 1,566 square foot corner-suite condo with gorgeous views of the escarpment and overlooking a lovely, landscaped, private courtyard with mature trees. Large, southern exposure windows provide an abundance of natural light for enjoying the views. Unique opportunity to own a large unit with only 4 units on the floor in an amazing location. Nestled on tree-lined streets between Hess Village and Locke Street. This sought-after Durand neighbourhood offers a variety of amenities including a short walk to the farmers; market, trendy shops, restaurants and cafes on Locke St, Durand Park, HAAA Grounds and Hamilton Tennis Club. The interior boasts an ideal environment for entertaining with ease including a large kitchen and island/breakfast bar, dining area with extended functional and lovely cabinetry for showcasing art and decor, a living room and open to a den for extended living as an office or sitting area. Spacious primary bedroom with ensuite and walk-in closets. Elegant bay windows add a lovely ambiance throughout!! Bonus large pantry room off of the spacious foyer. And the storage locker is conveniently located on the fifth floor, steps to the unit front door. Building amenities include: sky lit indoor pool, private courtyard with gardens, walkways and community BBQ/patio area, and there is a party/meeting room and underground parking with a car wash area. Come and see all that this home and community have to offer!
Estimate your monthly payments for this property
Estimated Payment
$3,077.80/mo
Includes CMHC insurance ($16,737)
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 Durand
Durand 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 Durand
- •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
Durand 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.
197 Duke Street Unit 503, Hamilton
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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
Competitive Pricing
At $429/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.
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.
About Durand
I know Durand 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 $2,500 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.