101 Locke Street Unit 511, Hamilton

Price: $459,900

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: X13162342

This boutique condo is situated in the very heart of Locke Street's lively village. Boasting an elite 97 Walk Score, close to shops, cafes & restaurants. The Rosemount floor plan is an open concept space defined by 9 ft ceilings and floor to ceiling panoramic windows. The interior is finished with premium 7 " wide-plank laminate flooring equipped with an acoustic underpad for maximum privacy and comfort. The modern kitchen features granite countertops, breakfast bar, tile backsplash & stainless steel appliances. The unit also includes in suite laundry, private balcony, storage locker and a dedicated underground parking space. The lifestyle at 101 Locke extends far beyond the walls of the suite with incredible amenities. Residents enjoy exclusive access to a private indoor rooftop lounge and bar, the perfect vantage point for taking in breathtaking South-West views of the city and the Escarpment. The experience continues outdoors on the expansive Rooftop Terrace, featuring a stone fireplace, BBQ stations, and open air lounge areas. Fitness lovers can cancel their gym memberships thanks to the Skyline Fitness Center, which offers free weights, cardio equipment, and a unique outdoor yoga & Pilates deck, followed by the chance to decompress in the building's luxurious steam room. This is more than just a condo, it is a retreat in the center of it all.

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$459,900 - 101 Locke Street Unit 511, Hamilton

Condo for Sale in Hamilton

1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
X13162342
Property Type
Condo
Status
active
Days on Site
24
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Hamilton
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
ROYAL LEPAGE STATE REALTY
Description

This boutique condo is situated in the very heart of Locke Street's lively village. Boasting an elite 97 Walk Score, close to shops, cafes & restaurants. The Rosemount floor plan is an open concept space defined by 9 ft ceilings and floor to ceiling panoramic windows. The interior is finished with premium 7 " wide-plank laminate flooring equipped with an acoustic underpad for maximum privacy and comfort. The modern kitchen features granite countertops, breakfast bar, tile backsplash & stainless steel appliances. The unit also includes in suite laundry, private balcony, storage locker and a dedicated underground parking space. The lifestyle at 101 Locke extends far beyond the walls of the suite with incredible amenities. Residents enjoy exclusive access to a private indoor rooftop lounge and bar, the perfect vantage point for taking in breathtaking South-West views of the city and the Escarpment. The experience continues outdoors on the expansive Rooftop Terrace, featuring a stone fireplace, BBQ stations, and open air lounge areas. Fitness lovers can cancel their gym memberships thanks to the Skyline Fitness Center, which offers free weights, cardio equipment, and a unique outdoor yoga & Pilates deck, followed by the chance to decompress in the building's luxurious steam room. This is more than just a condo, it is a retreat in the center of it all.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,359.53/mo

Includes CMHC insurance ($12,831)

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5%10%50%

5-yr fixed avg.

Principal: $413,910Interest: $281,116
Mortgage Amount$426,741
Total Interest$281,116
Est. Property Tax$326/mo
Total Cost$707,858

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: Hamilton

Discover Hamilton

Hamilton 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 Hamilton

  • 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

Hamilton 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

101 Locke Street Unit 511, 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)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$326
Insurance (est.)-$96
Net Cash Flow+$1,053

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

Fair Market Value

At $920/sqft, this property is priced in line with current Hamilton market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 24 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 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.

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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    101 Locke Street Unit 511, Hamilton | $459,900 | Battaglia Team