101 Queen Street Unit 804, Hamilton

Price: $249,000

1 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: X12721388

Welcome to this move in ready one bedroom, 8th floor penthouse that shows beautifully from top to bottom. The bright, carpet free layout offers a well appointed kitchen with stainless steel appliances, flowing nicely into the living space and out to a fully enclosed balcony perfect for year-round use while taking in scenic views of the escarpment. Located in a highly desirable West Hamilton neighbourhood, you're just minutes from Locke Street and Hess Village, with their popular shops, restaurants, and cafes. The spacious bedroom features ensuite access to the bathroom, creating a comfortable and functional layout. Pride of ownership is evident throughout, making this an ideal option for first-time buyers, downsizers, or investors looking for a low-maintenance property. Easy access to Hwy 403, public transit, hospitals, schools, and everyday amenities adds to the convenience. The unit includes one parking space and one locker, and condo fees cover water, hydro, heating, and building insurance, offering excellent value and stress-free living. RSA.

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$249,000 - 101 Queen Street Unit 804, Hamilton

Condo for Sale in Hamilton

135 days on market
1Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
X12721388
Property Type
Condo
Status
active
Days on Site
135
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Hamilton
Locker
Exclusive
Exposure
West
Balcony
Enclosed
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

Welcome to this move in ready one bedroom, 8th floor penthouse that shows beautifully from top to bottom. The bright, carpet free layout offers a well appointed kitchen with stainless steel appliances, flowing nicely into the living space and out to a fully enclosed balcony perfect for year-round use while taking in scenic views of the escarpment. Located in a highly desirable West Hamilton neighbourhood, you're just minutes from Locke Street and Hess Village, with their popular shops, restaurants, and cafes. The spacious bedroom features ensuite access to the bathroom, creating a comfortable and functional layout. Pride of ownership is evident throughout, making this an ideal option for first-time buyers, downsizers, or investors looking for a low-maintenance property. Easy access to Hwy 403, public transit, hospitals, schools, and everyday amenities adds to the convenience. The unit includes one parking space and one locker, and condo fees cover water, hydro, heating, and building insurance, offering excellent value and stress-free living. RSA.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,277.50/mo

Includes CMHC insurance ($6,947)

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5-yr fixed avg.

Principal: $224,100Interest: $152,203
Mortgage Amount$231,047
Total Interest$152,203
Est. Property Tax$176/mo
Total Cost$383,250

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 Queen Street Unit 804, 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)
5.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$390
Property Tax (est.)-$176
Insurance (est.)-$52
Net Cash Flow+$1,182

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 $415/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.

Negotiation Opportunity

At 135 days on site, this property has exceeded the typical selling timeline for Hamilton. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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 600 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 Queen Street Unit 804, Hami… — $249,000 | Battaglia Team