200 Stinson Street Unit 107, Hamilton

Price: $574,900

3 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Condo

MLS#: X13126174

**Stinson School Lofts** Originally built in 1894, transformed to 66 one-of-a-kind lofts in 2014. Unit 107 is the building standout, being the largest in the whole complex. At 2237 sqft. this 2 bedroom plus den (plus a bonus room) and 3 washrooms features a reno'd kitchen with a massive waterfall island, quartz counter-tops, stainless steel appliances, and engineered hardwood throughout. Both bedrooms have their own private en-suite bathrooms, huge closets, and additional storage. Incredibly well laid out bright corner unit without an ounce of wasted space, plus all the century old markings of it past on full display showcasing its 10 foot ceilings, two toned original sand blasted brick, and exposed ducts. Downtown Hamilton is mere minutes away, yet perfectly tucked away in a quiet area with views of the escarpment. Quite possibly the best value in the loft market right now. Try to compare! *Parking included*

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$574,900 - 200 Stinson Street Unit 107, Hamilton

Condo for Sale in Hamilton

35 days on market
3Beds
3Baths
2,000 - 2,499Sq Ft
Condo
Property Details
MLS Number
X13126174
Property Type
Condo
Status
active
Days on Site
35
Bedrooms
3
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Hamilton
Locker
None
Exposure
South East
Balcony
None
Listing Brokerage
STRATA REAL ESTATE
Description

**Stinson School Lofts** Originally built in 1894, transformed to 66 one-of-a-kind lofts in 2014. Unit 107 is the building standout, being the largest in the whole complex. At 2237 sqft. this 2 bedroom plus den (plus a bonus room) and 3 washrooms features a reno'd kitchen with a massive waterfall island, quartz counter-tops, stainless steel appliances, and engineered hardwood throughout. Both bedrooms have their own private en-suite bathrooms, huge closets, and additional storage. Incredibly well laid out bright corner unit without an ounce of wasted space, plus all the century old markings of it past on full display showcasing its 10 foot ceilings, two toned original sand blasted brick, and exposed ducts. Downtown Hamilton is mere minutes away, yet perfectly tucked away in a quiet area with views of the escarpment. Quite possibly the best value in the loft market right now. Try to compare! *Parking included*

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,949.53/mo

Includes CMHC insurance ($16,040)

$
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5%10%50%

5-yr fixed avg.

Principal: $517,410Interest: $351,411
Mortgage Amount$533,450
Total Interest$351,411
Est. Property Tax$407/mo
Total Cost$884,860

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

200 Stinson Street Unit 107, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,560/mo
Range: $3,026 - $4,094
Cap Rate (ROI)
3.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,560
Maintenance Fees-$1,300
Property Tax (est.)-$407
Insurance (est.)-$120
Net Cash Flow+$1,733

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 $287/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 35 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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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 $2,395 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    200 Stinson Street Unit 107, Hamilton | $574,900 | Battaglia Team