15 Queen Street Unit 610, Hamilton

Price: $425,000

1 bedrooms, 1 bathrooms

500 sqft

Property Type: New Construction

MLS#: X12811792

Motivated Seller! Excellent opportunity to own a modern 1 Bed, 1 Bath condo offering 527 sq ft of efficient living space in the heart of downtown Hamilton. This bright unit features 9 ft ceilings, durable vinyl flooring, stainless steel appliances, quartz countertops, and floor-to-ceiling windows that fill the open-concept living, dining, and kitchen area with natural light.Ideally located at 15 Queen Street South, Unit 610, just minutes to Hwy 403, hospitals, shopping, restaurants, parks, GO Transit, and steps to the proposed LRT line. Convenient access to McMaster University and Mohawk College makes this an outstanding option for students, parents, and investors alike.A smart alternative to renting for McMaster students - purchase during your studies, build equity instead of paying rent, and resell later in a location that continues to see strong demand due to its proximity to campus and downtown amenities.Perfect for first-time buyers, students, or investors seeking a well-located urban condo with excellent long-term resale potential.

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$425,000 - 15 Queen Street Unit 610, Hamilton

New Construction for Sale in Hamilton

68 days on market
1Beds
1Baths
500Sq Ft
New Construction
Property Details
MLS Number
X12811792
Property Type
New Construction
Status
active
Days on Site
68
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Hamilton
Locker
Owned
Exposure
North
Balcony
Enclosed
Listing Brokerage
COLDWELL BANKER THE REAL ESTATE CENTRE
Description

Motivated Seller! Excellent opportunity to own a modern 1 Bed, 1 Bath condo offering 527 sq ft of efficient living space in the heart of downtown Hamilton. This bright unit features 9 ft ceilings, durable vinyl flooring, stainless steel appliances, quartz countertops, and floor-to-ceiling windows that fill the open-concept living, dining, and kitchen area with natural light.Ideally located at 15 Queen Street South, Unit 610, just minutes to Hwy 403, hospitals, shopping, restaurants, parks, GO Transit, and steps to the proposed LRT line. Convenient access to McMaster University and Mohawk College makes this an outstanding option for students, parents, and investors alike.A smart alternative to renting for McMaster students - purchase during your studies, build equity instead of paying rent, and resell later in a location that continues to see strong demand due to its proximity to campus and downtown amenities.Perfect for first-time buyers, students, or investors seeking a well-located urban condo with excellent long-term resale potential.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,180.47/mo

Includes CMHC insurance ($11,858)

$
$
5%10%50%

5-yr fixed avg.

Principal: $382,500Interest: $259,784
Mortgage Amount$394,358
Total Interest$259,784
Est. Property Tax$301/mo
Total Cost$654,141

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

15 Queen Street Unit 610, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,000/mo
Range: $1,700 - $2,300
Cap Rate (ROI)
4.5%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,000
Maintenance Fees-$0
Property Tax (est.)-$301
Insurance (est.)-$89
Net Cash Flow+$1,610

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 $850/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.

Negotiation Opportunity

At 68 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.

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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