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Listed 3 months ago

301 - 600 North Service Road

Lakeshore, Hamilton

$545,000

Condo Apartment |
2 | 2 | 1 | 1
About this home

Welcome to affordable living in the heart of Dundas. This bright and well-maintained home offers a rare opportunity with no monthly fees and exceptional versatility. The main floor features a spacious, light-filled living room, a functional eat-in kitchen, one bedroom and a full bathroom perfect for comfortable everyday living. The fully finished lower level offers a self-contained in-law suite, also complete with one bedroom, one bathroom and its own living space, ideal for extended family, guests, or added income potential. Enjoy the convenience of ample parking and a location that truly stands out. Just a short walk to the charming shops, cafés, and restaurants of downtown Dundas, with easy access to the scenic trails of the Spencer Gorge for outdoor enthusiasts. An ideal opportunity for first-time buyers, downsizers, or investors seeking flexibility in one of Dundas' most desirable communities.

Extras

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
Style1 Storey/Apt
Approx. Age0-5
Size800-899 sq. ft.
Maintenance Fees$520
LockerExclusive
BalconyTerrace
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,910
mls© NumberX13060450
Listed ByROYAL LEPAGE STATE REALTY
Common Elements Included
Water Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,790
Property tax
$326
Heat allowance
$150
Condo fees, half counted
$260
Housing costs
$3,526 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $109,000
25-yr amortization

Income needed

$108,000

gross annual household income

Payment at 4%
$2,293 / mo
Cash down
$109,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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