66 Bay Street Unit 105, Hamilton

Price: $479,900

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X13813170

Originally a communications building, The Core Lofts were transformed in 2005 into one-of-a-kind residences. This stunning two-story unit retains some of the best industrial features, with soaring 20+ ft ceilings, polished concrete floors, and exposed beams that define its character. The main floors open-concept design is perfect for entertaining, featuring a second bedroom, 3-piece bathroom, and a sleek kitchen with granite countertops. Over $100,000in upgrades! Renovated in 2023 Additional highlights include: Baseboard heating (with optional forced air for extra warmth) Private underground parking no elevators needed!

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$479,900 - 66 Bay Street Unit 105, Hamilton

Condo for Sale in Hamilton

Neighbourhood: Durand

2Beds
2Baths
1,000Sq Ft
Condo

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Property Details
MLS Number
X13813170
Property Type
Condo
Status
active
Days on Site
15
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Hamilton
Taxes (2026)
$5,218
Maintenance Fees
$1,036/mo
Locker
Owned
Exposure
East
Balcony
None
Listing Brokerage
KW Living Realty
Description

Originally a communications building, The Core Lofts were transformed in 2005 into one-of-a-kind residences. This stunning two-story unit retains some of the best industrial features, with soaring 20+ ft ceilings, polished concrete floors, and exposed beams that define its character. The main floors open-concept design is perfect for entertaining, featuring a second bedroom, 3-piece bathroom, and a sleek kitchen with granite countertops. Over $100,000in upgrades! Renovated in 2023 Additional highlights include: Baseboard heating (with optional forced air for extra warmth) Private underground parking no elevators needed!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,462.14/mo

Includes CMHC insurance ($13,389)

$
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5-yr fixed avg.

Principal: $431,910Interest: $293,342
Mortgage Amount$445,299
Total Interest$293,342
Est. Property Tax$340/mo
Total Cost$738,641

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: Durand

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

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

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.

70
Walk Score
Varies
Price Range

66 Bay Street Unit 105, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$1,036
Property Tax (est.)-$340
Insurance (est.)-$100
Net Cash Flow+$884

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 $480/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 15 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. The $1036/month fees should cover building insurance, common elements, and reserve contributions.

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.

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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    66 Bay Street Unit 105, Hamilton | $479,900 | Battaglia Team