$719,900 - 181 James Street Unit 306, Hamilton
Condo for Sale in Hamilton
136 days on market- MLS Number
- X12723724
- Property Type
- Condo
- Status
- active
- Days on Site
- 136
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Hamilton
- Lot Size
- 1 sqft
- Locker
- Exclusive
- Exposure
- West
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
Acclamation Condos - Boutique Downtown Living with Rare & expansive Outdoor Space that includes a Fireplace! Welcome to this exceptionally spacious 1 bedroom plus large solarium suite, offering 1087 sq ft of interior living space plus a rare 450 sq ft private terrace - an outdoor extension seldom found in downtown Hamilton condominiums. Designed for flexibility, the solarium functions as a true second room, ideal for a home office, guest space or studio, allowing this suite to live more like a small two-bedroom. The north-facing exposure provides consistent natural light without excessive heat, making both the interior and terrace comfortable and usable throughout the day. A standout feature of this suite is the dual-sided indoor / outdoor fireplace, creating a seamless connection between the interior living area and the terrace. Enjoy the fireplace from inside during cooler months, or while entertaining and relaxing outdoors - a rare architectural feature that elevates both comfort and lifestyle. The highlight of this home is the oversized terrace, large enough to accommodate full outdoor dining, lounge seating and container gardens. This is not a typical balcony, but a true outdoor room - ideal for entertaining, working from home or unwinding in a private setting. Your pet will love this feature! The unit includes one underground parking space and one locker. Located on vibrant James Street North, steps to cafés, restaurants, galleries, transit and the GO Station, this offering combines generous interior space, exceptional outdoor living, a rare fireplace feature, and income security in one of Hamilton's most dynamic downtown neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$3,693.46/mo
Includes CMHC insurance ($20,085)
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 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
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.
181 James Street Unit 306, 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 $720/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 136 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.
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 $3,000 (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.