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$460K · 2 bed Condo Apartment · Beasley, Hamilton | MyPropertyScout

$459,999

Unit 805

22TenantOccupied

Map

$459,999

C●●○○○

Unit 805

1 Jarvis Street · Hamilton · Ontario L8R 3J2

MLS® X12690016 · Beasley · L8R 3J2

22TenantOccupied600-699 ft²Condo Apartment1-car Underground$708/ft²$4,027 tax/yrBuilt 20233 yrs old

1% above market · regional est.

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Welcome to this well-appointed 2-bedroom, 2-bathroom condo located in the heart of downtown Hamilton. This unit is tenanted until August 31st, with excellent tenants currently in place and rent paid in full, offering secure and worry-free income for investors.The location is exceptionally attractive to long-term renters, positioned just minutes from McMaster University, Mohawk College, and several of Hamilton's major healthcare institutions including Hamilton General Hospital, St. Joseph's Heal…

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Property details

MLS#: X12690016
Status: Buy Now
Beds: 2
Baths: 2 full, 0 half
Size: 600-699
Style: Apartment
Type: Condo Apartment
Year built: —

Roof: Flat

Condo corp #: 655
Balcony: Open
Locker: Owned
Fees include: Heat Included, Building Insurance Included, Common Elements Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick
Fronting on: —
Cross street: Main & Wellington
Basement: None
Stories: 8
Utilities: —
Laundry: Ensuite
Interior: Carpet Free, Separate Hydro Meter
Parking features: Private, Underground

Rooms

Level	Room	Dimensions
Main	Kitchen	2.1m × 7.22m
Main	Primary Bedroom	2.3m × 3.8m
Main	Bedroom 2	1.24m × 2.59m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: SOTHEBY'S INTERNATIONAL REALTY CANADA

Source: TRREB/PROPTX · MLS® X12690016

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$460K

Unit 805 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $459,999✓ $4,027 tax✓ Gas✓ 600-699 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,340/mo

incl. closing costs (yr 1)

Annual total

$52,074

year 1

Mortgage only

$1,745/mo

principal + interest

Beyond mortgage

$1,663/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$92,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$336/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~650 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$4,600/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$43/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$5,675

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)40% $20,941/yr

Property taxes19% $9,702/yr

Utilities8% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $4,600/yr

Condo fees12% $6,171/yr

Closing costs10% $5,100/yr

Mortgage is 40% of your true cost of ownership. The other 60% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$20,941	$1,745/mo
Government & taxes
Property tax	$4,027	$336/mo
Land transfer tax(closing)	$5,675	$473/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$4,600	$383/mo
Condo fees
Condo / HOA fees	$6,171	$514/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$52,074	$4,340/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 805

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs