77 Leland Street Unit 423, Hamilton

Price: $398,000

1 bedrooms, 1 bathrooms

Property Type: New Construction

MLS#: X12880966

Welcome to 77 Leland The Only Condo Within Walking Distance to McMaster University! very popular building! Just a 5-minute walk to campus no need for the bus! Spacious Studio! less than 5 years old. Enjoy unobstructed views from this quiet unit, ideally located at the end of the hallway for added privacy and minimal foot traffic.Conveniently situated just a 5-minute walk to Fortinos and Shoppers Drug Mart, and a short stroll to restaurants and cafes along Main Street. Nestled in a quiet, safe neighborhood. Furnished with double bed,desk and book shelves.Don't miss this opportunity for a comfortable and convenient lifestyle or a fantastic investment near McMaster(easy to rent-never Vacant!) flexible closing. **Heating, Cooling, Water, Unlimited High Speed Internet Included In condo fee** Electricity is not included in the condo fee but very cheap(approx.$50/m).

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$398,000 - 77 Leland Street Unit 423, Hamilton

New Construction for Sale in Hamilton

50 days on market
1Beds
1Baths
N/ASq Ft
New Construction
Property Details
MLS Number
X12880966
Property Type
New Construction
Status
active
Days on Site
50
Bedrooms
1
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Hamilton
Locker
None
Exposure
South
Balcony
None
Listing Brokerage
REAL ONE REALTY INC.
Description

Welcome to 77 Leland The Only Condo Within Walking Distance to McMaster University! very popular building! Just a 5-minute walk to campus no need for the bus! Spacious Studio! less than 5 years old. Enjoy unobstructed views from this quiet unit, ideally located at the end of the hallway for added privacy and minimal foot traffic.Conveniently situated just a 5-minute walk to Fortinos and Shoppers Drug Mart, and a short stroll to restaurants and cafes along Main Street. Nestled in a quiet, safe neighborhood. Furnished with double bed,desk and book shelves.Don't miss this opportunity for a comfortable and convenient lifestyle or a fantastic investment near McMaster(easy to rent-never Vacant!) flexible closing. **Heating, Cooling, Water, Unlimited High Speed Internet Included In condo fee** Electricity is not included in the condo fee but very cheap(approx.$50/m).

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,041.95/mo

Includes CMHC insurance ($11,104)

$
$
5%10%50%

5-yr fixed avg.

Principal: $358,200Interest: $243,280
Mortgage Amount$369,304
Total Interest$243,280
Est. Property Tax$282/mo
Total Cost$612,584

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

77 Leland Street Unit 423, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,000/mo
Range: $1,700 - $2,300
Cap Rate (ROI)
4.9%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,000
Maintenance Fees-$0
Property Tax (est.)-$282
Insurance (est.)-$83
Net Cash Flow+$1,635

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 50 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.

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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