415 Main Street Unit 606, Hamilton

Price: $299,900

0 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: X12756760

An Excellent Investment Opportunity for students, investors and young professionals to own a lovely Studio apartment at Westgate Condos, located in the heart of downtown Hamilton. Close to McMaster University, GO/LRT, vibrant restaurants, farmers market, art galleries, scenic escarpment trails and direct transit access. A solid investment property in a high-demand area, great rental yield and features that appeal to long-term tenants and students alike. This large flex studio has a functional open-concept layout that maximizes space and natural light, complemented by large windows, 9-foot smooth ceilings and modern finishes throughout. The kitchen includes quartz countertops and built-in stainless steel appliances, along with ensuite laundry. Unobstructed city views from the balcony. Lovely amenities such as a rooftop terrace with study rooms, fitness centre, community garden, dog wash station, BBQ area, private dining space and party room. This unit is a must see! Tenant is vacating end of April.

415 Main Street Unit 606 - Condo photo 1 of 17 in Hamilton, Ontario
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$299,900 - 415 Main Street Unit 606, Hamilton

Condo for Sale in Hamilton

131 days on market
0Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
X12756760
Property Type
Condo
Status
active
Days on Site
131
Bedrooms
0
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Hamilton
Locker
None
Exposure
South
Balcony
Open
Listing Brokerage
CENTURY 21 MILLER REAL ESTATE LTD.
Description

An Excellent Investment Opportunity for students, investors and young professionals to own a lovely Studio apartment at Westgate Condos, located in the heart of downtown Hamilton. Close to McMaster University, GO/LRT, vibrant restaurants, farmers market, art galleries, scenic escarpment trails and direct transit access. A solid investment property in a high-demand area, great rental yield and features that appeal to long-term tenants and students alike. This large flex studio has a functional open-concept layout that maximizes space and natural light, complemented by large windows, 9-foot smooth ceilings and modern finishes throughout. The kitchen includes quartz countertops and built-in stainless steel appliances, along with ensuite laundry. Unobstructed city views from the balcony. Lovely amenities such as a rooftop terrace with study rooms, fitness centre, community garden, dog wash station, BBQ area, private dining space and party room. This unit is a must see! Tenant is vacating end of April.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,538.64/mo

Includes CMHC insurance ($8,367)

$
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5%10%50%

5-yr fixed avg.

Principal: $269,910Interest: $183,316
Mortgage Amount$278,277
Total Interest$183,316
Est. Property Tax$212/mo
Total Cost$461,593

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

415 Main Street Unit 606, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
6.0%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$975
Property Tax (est.)-$212
Insurance (est.)-$62
Net Cash Flow+$1,511

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

Negotiation Opportunity

At 131 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 0 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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    415 Main Street Unit 606, Hamil… — $299,900 | Battaglia Team