$1,995,000 - 397 King Street Unit 215, Hamilton
Condo for Sale in Hamilton
70 days on market- MLS Number
- X12957160
- Property Type
- Condo
- Status
- active
- Days on Site
- 70
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 2,250 sqft
- Neighbourhood
- Hamilton
- Locker
- Exclusive
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE STATE REALTY
Stunning penthouse-inspired luxury at the District Lofts! Circa 1929, this boutique building was completely rebuilt in 2013 and offers just 44 unique residences. Unit 215 is one of the largest in the building, presenting a rare opportunity for the discerning buyer. An oversized double-car garage and private entrance create a true home-like feel without the exterior maintenance. Experience the grandeur of this loft-style, two-storey condo featuring a spectacular open-concept living space filled with natural light, soaring 17-ft ceilings, and a dramatic Restoration Hardware chandelier, all complemented by breathtaking views of Dundas Peak. The gourmet kitchen is both elegant and functional, showcasing extended-height cabinetry, high-end appliances, quartz countertops, and a large island with seating for six-perfect for entertaining. This residence offers two spacious bedrooms and two spa-like bathrooms with upgraded fixtures. Additional features include two private balconies, full-sized laundry, and extensive custom closet storage. Premium upgrades throughout include custom trim and millwork, Swarovski crystal hardware, and motorized blinds. The building features state-of-the-art in-floor radiant heating, and this unit includes a brand-new A/C system. Amenities at the Lofts include a fitness studio, a large exclusive locker, and a rooftop patio-ideal for entertaining or relaxing while enjoying the views and tranquil sounds of the nearby waterfall. Ideally located at the foot of Dundas Peak, just steps to the Bruce Trail, Webster's Falls, Dundas Valley Golf & Curling Club, and the historic downtown core, offering a vibrant mix of shops and restaurants.
Estimate your monthly payments for this property
Estimated Payment
$8,824.56/mo
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.
397 King Street Unit 215, Hamilton
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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
Fair Market Value
At $887/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 70 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 $8,313 (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.