0B-259 KING Street, Hamilton, ON

Beasley, Hamilton · MLS® X13113322

$359,900
For Sale
Listed 67 days ago
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2Bedrooms
1Bathrooms
1Parking
800-899Sq Ft

About this home

Modern, move-in ready apartment condo in "The Independent". Featuring an open-concept 827 square foot, 2 bedroom layout with laminate flooring throughout, kitchen with stainless steel appliances, quartz countertops, and a centre island. In-suite laundry. Outdoor bbq and picnic area. Unit includes one parking space. Parking for visitors available. A good entry point for first time buyers or empty nesters. Short walk to the Niagara Escarpment and the Bruce Trail. Short drive to the QEW and Stoney Creek amenities.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
X13113322
Bedrooms
2
Bathrooms
1
Size
800-899
Cross streets
Green Road
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Other
Maintenance
$561/mo
Exposure
East
Property tax
$1,860 / 2026
Days on market
67
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

BathroomMain0.00 × 0.00 m

3 Pc Bath

KitchenMain4.04 × 2.49 m
Living RoomMain4.17 × 4.04 m
BedroomMain3.91 × 2.72 m
LaundryMain1.93 × 1.85 m
Primary BedroomMain3.91 × 3.40 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$427Kest. value

Listed at $359,900, this home is about 16% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Beasley, so I widened the search to the surrounding area.

Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $196K, lower than the comparables and worth a second look.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $440K
  • Bathrooms −$15K
  • Adjusts to $425K

That comparable adjusts to $425K; the $427K estimate above is the median of all 7 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On location, this is a very walkable address with everyday errands close by. KING at FERGUSON is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$360KGreat deal$488KOverpriced

Total price vs nearby homes. Fair value about $427K, median of 7 comparables.

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.

  • Open-concept layout: modern, sought-after flow.
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$357kavg asking

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

203-23 Main Street$345k804-200 Limeridge Road$380k310-836 CONCESSION Street$300k129-101 SHOREVIEW Place$420k802-135 James Street$340k

The 5 closest of 8 active listings nearby.

See all comparable homes
360kThis home345k380k300k420k340kThis home vs active comparables
Live market pulseActive comparables in Beasley · median list $300K
$424this home / sqft
5active listings nearby
67days on market

This home lists 19% below the area average of $524/sqft.

52 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

Beasley, 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

84/ 100

Very 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.

Most daily errands can be done on foot.

🚉 Nearest transit: KING at FERGUSON, about 33 m away

20+ transit stops12 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.

Corktown
$296K
Central
$390K
Durand
$400K
Strathcona
$525K
Ainslie Wood
$361K

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
$1,640/mo
$82KIncome needed
4.4×Price ÷ income
$379Weekly 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.

70%mortgage
Mortgage $1,640Property tax $155Condo fee $561Total carry $2,356

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)
$1,536per month

Mortgage amount $287,920 · 4.14% over 25 years

$71,980Down payment (20.0%)
$287,920Loan before insurance
$0CMHC premium
$2,252Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,536
Property tax
$155
Condo / maintenance fees
$561
Heating
$0
Estimated monthly cost
$2,252

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

One-time closing costs

Ontario land transfer tax
$3,874
Estimated closing costs
$3,874

Plus your down payment of $71,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$1,866/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

$173,014Total interest paid
$460,934Total of all payments
Principal $287,920 Interest $173,014
YearPrincipalInterestBalance
1$6,745$11,692$281,175
2$7,027$11,410$274,148
3$7,321$11,116$266,827
4$7,627$10,810$259,200
5$7,946$10,491$251,253
6$8,279$10,159$242,975
7$8,625$9,812$234,350
8$8,986$9,452$225,364
9$9,362$9,076$216,002
10$9,753$8,684$206,249
11$10,161$8,276$196,088
12$10,586$7,851$185,502
13$11,029$7,408$174,473
14$11,490$6,947$162,983
15$11,971$6,466$151,012
16$12,472$5,966$138,540
17$12,993$5,444$125,547
18$13,537$4,901$112,010
19$14,103$4,334$97,907
20$14,693$3,744$83,214
21$15,308$3,130$67,906
22$15,948$2,490$51,959
23$16,615$1,822$35,344
24$17,310$1,128$18,034
25$18,034$403$0

At the end of your 5-year term

Total paid over the term
$92,187
Principal paid down
$36,667
Interest paid
$55,520
Balance remaining
$251,253

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$2,700/mo
$32,400Gross annual rent
5.5%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.

9.0%
Gross yield
− Property tax $1,860− Condo fees $6,726− Insurance $600− Vacancy & upkeep $3,564Net operating income $19,650

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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