10-97 Connaught Avenue, Hamilton, ON

Stipley, Hamilton · MLS® X12740090

$179,900
For Sale
Listed 169 days ago
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1Bedrooms
1Bathrooms
0Parking
600-699Sq Ft

About this home

Welcome to unit 10 at 97 Connaught Avenue South, a well-maintained 1-bedroom 1-bathroom condo offering 627 square feet of comfortable living space in a convenient Hamilton location. This condo offers excellent value and accessibility in the heart of Hamilton. This thoughtfully laid-out unit is ideal for first-time buyers, downsizers, or investors seeking low-maintenance living. The open and functional floor plan maximizes space and natural light, with a spacious living area that flows seamlessly into the kitchen and dining space. The generously sized bedroom provides a relaxing retreat with ample room for storage and furnishings. Located close to transit, shopping, Gage Park and everyday amenities. A great opportunity to own an affordable and practical condo in a well-established neighborhood. RSA.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
X12740090
Bedrooms
1
Bathrooms
1
Size
600-699
Cross streets
Main St E
Parking
0 parking
Basement
None
Heating
Radiant
A/C
None
Exterior
Brick, Stone
Foundation
Concrete, Poured Concrete
Roof
Flat
Maintenance
$897/mo
Exposure
West
Property tax
$1,240 / 2025
Days on market
169
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

KitchenMain4.88 × 3.35 m
Laundry2.34 × 1.47 m
Living RoomMain4.83 × 4.11 m
Primary BedroomMain3.30 × 3.15 m
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. MAIN at BALSAM is about a 2-minute walk away.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$316kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

202-11 Rebecca Street$265k43-2373 King Street$300k507-36 James Street$315k805-8 WOODMAN Drive$339k208-2605 Binbrook Road$360k

The 5 closest of 8 active listings nearby.

See all comparable homes
180kThis home265k300k315k339k360kThis home vs active comparables
Live market pulseActive comparables in Hamilton · median list $389K
$277this home / sqft
89active listings nearby
169days on market

154 days longer than the Hamilton average (15 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Stipley, Hamilton, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

68/ 100

WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: MAIN at BALSAM, about 124 m away

20+ transit stops2 grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Beasley
$319K
Corktown
$296K
Durand
$400K
Central
$390K
Strathcona
$525K

Typical asking price of active listings of the same type, per area (outliers removed). Hamilton.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$820/mo
$55KIncome needed
3.3×Price ÷ income
$189Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

45%mortgage
Mortgage $820Property tax $103Condo fee $897Total carry $1,820

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$768per month

Mortgage amount $143,920 · 4.14% over 25 years

$35,980Down payment (20.0%)
$143,920Loan before insurance
$0CMHC premium
$1,768Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$768
Property tax
$103
Condo / maintenance fees
$897
Heating
$0
Estimated monthly cost
$1,768

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$1,524
Estimated closing costs
$1,524

Plus your down payment of $35,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$933/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$86,483Total interest paid
$230,403Total of all payments
Principal $143,920 Interest $86,483
YearPrincipalInterestBalance
1$3,372$5,845$140,548
2$3,513$5,704$137,036
3$3,660$5,557$133,376
4$3,813$5,404$129,564
5$3,972$5,244$125,592
6$4,138$5,078$121,454
7$4,311$4,905$117,142
8$4,492$4,725$112,651
9$4,679$4,537$107,971
10$4,875$4,341$103,096
11$5,079$4,137$98,017
12$5,292$3,925$92,725
13$5,513$3,703$87,212
14$5,744$3,473$81,469
15$5,984$3,232$75,485
16$6,234$2,982$69,251
17$6,495$2,721$62,756
18$6,767$2,450$55,989
19$7,050$2,167$48,940
20$7,344$1,872$41,595
21$7,652$1,564$33,944
22$7,972$1,244$25,972
23$8,305$911$17,667
24$8,653$564$9,014
25$9,014$202$0

At the end of your 5-year term

Total paid over the term
$46,081
Principal paid down
$18,328
Interest paid
$27,752
Balance remaining
$125,592

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$2,050/mo
$24,600Gross annual rent
5.2%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

13.7%
Gross yield
− Property tax $1,240− Condo fees $10,764− Insurance $600− Vacancy & upkeep $2,706Net operating income $9,290

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ESCARPMENT REALTY INC.. MLS®/PropTx.

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