66 Bay Street Unit 511, Hamilton

Price: $389,900

1 bedrooms, 1 bathrooms

800 sqft

Property Type: Condo

MLS#: X12963534

Experience modern condo "loft" living at the Core Lofts, in this bright and spacious one-bedroom, one-bathroom unit offering over 800 sq ft of living space in the heart of downtown Hamilton. The unit features sleek polished concrete floors with 10 ft+ ceilings, creating an open and inviting atmosphere. The kitchen seamlessly connects to the living space, making it perfect for both everyday living and entertaining guests. The bedroom is generously sized and includes a full closet, adjacent to in-suite laundry and a 4-pce bathroom. Centrally located near various downtown amenities including the TD Coliseum, the new home for Hamilton's musical and sporting acts, the nightlife and restaurants of James St and a short commute to the West Harbour Go. The building includes a fitness room, rooftop terrace and party room, along with a storage locker on the same floor and an underground parking spot.

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$389,900 - 66 Bay Street Unit 511, Hamilton

Condo for Sale in Hamilton

63 days on market
1Beds
1Baths
800Sq Ft
Condo
Property Details
MLS Number
X12963534
Property Type
Condo
Status
active
Days on Site
63
Bedrooms
1
Bathrooms
1
Square Feet
800 sqft
Neighbourhood
Hamilton
Locker
Owned
Exposure
West
Balcony
Juliette
Listing Brokerage
MICHAEL ST.JEAN REALTY INC.
Description

Experience modern condo "loft" living at the Core Lofts, in this bright and spacious one-bedroom, one-bathroom unit offering over 800 sq ft of living space in the heart of downtown Hamilton. The unit features sleek polished concrete floors with 10 ft+ ceilings, creating an open and inviting atmosphere. The kitchen seamlessly connects to the living space, making it perfect for both everyday living and entertaining guests. The bedroom is generously sized and includes a full closet, adjacent to in-suite laundry and a 4-pce bathroom. Centrally located near various downtown amenities including the TD Coliseum, the new home for Hamilton's musical and sporting acts, the nightlife and restaurants of James St and a short commute to the West Harbour Go. The building includes a fitness room, rooftop terrace and party room, along with a storage locker on the same floor and an underground parking spot.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,000.39/mo

Includes CMHC insurance ($10,878)

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5-yr fixed avg.

Principal: $350,910Interest: $238,329
Mortgage Amount$361,788
Total Interest$238,329
Est. Property Tax$276/mo
Total Cost$600,117

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

66 Bay Street Unit 511, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$520
Property Tax (est.)-$276
Insurance (est.)-$81
Net Cash Flow+$923

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 $487/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 63 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 800 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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    66 Bay Street Unit 511, Hamilton — $389,900 | Battaglia Team