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Listed 8 days ago

1203 - 301 FRANCES Avenue

Lakeshore, Hamilton

$489,000

Condo Apartment |
3 | 2 | 1 | 1
About this home

Welcome to Suite 1203 at 301 Frances Avenue, where generous living space meets resort-style waterfront living. This rare 3-bedroom, 2-bathroom suite offers approximately 1,338 sq. ft. of interior space, oversized principal rooms, large windows and two private balconies showcasing beautiful views of Lake Ontario and the Niagara Escarpment.The functional layout features a spacious living and dining area, an eat-in kitchen, convenient in-suite laundry, excellent storage and a primary bedroom with a walk-in closet and private ensuite. The building offers an impressive selection of amenities, including an outdoor pool, fitness room, sauna, party room, library, workshop, barbecue area and visitor parking. Condo fees include heat, air conditioning, hydro, water, cable and internet.Ideally located near the waterfront, beaches, walking trails, parks, shopping and quick QEW access. A spacious condo with a cottage-like setting-without the cottage traffic!

Extras

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. Age31-50
Size1200-1399 sq. ft.
Maintenance Fees$1,458
LockerOwned
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$1,331
mls© NumberX13608638
Listed ByCENTURY 21 PEOPLE`S CHOICE REALTY INC.
Cable TV Included
Hydro Included
CAC Included
Heat Included
Building Insurance Included
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%
$2,503
Property tax
$111
Heat allowance
$150
Condo fees, half counted
$729
Housing costs
$3,493 / mo

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

Down payment20% · $97,800
25-yr amortization

Income needed

$107,000

gross annual household income

Payment at 4%
$2,058 / mo
Cash down
$97,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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