327-1 Jarvis Street, Hamilton, ON

Beasley, Hamilton · MLS® X13225618

$529,900
For Sale
Listed 46 days ago
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2Bedrooms
2Bathrooms
1Garage
800-899Sq Ft

About this home

One of the Best Units in the Building! BIG 2 Bedrooms 2 Full bathroom corner unit with Balcony, Locker and PARKING!! 12 Minutes to McMaster University, 7 minutes to Mohawk College! This Two Bedroom ( 836 sqft interior + plus Balcony= 880sqft total) offers an open concept living area with access to the Balcony with the great view. Brand new, never lived in, oversized windows offering natural sunlight. Don't miss out on this convenient location just steps to the heart of downtown, the GO Station, City Transit, Restaurants, Shopping, The Hamiltons Farmer Market, The Bayfront and more. This Building also offers an Exercise/Workout Room. One parking and one Locker are included

Key facts

Property type
Condo Apartment, Apartment
MLS®
X13225618
Bedrooms
2
Bathrooms
2
Size
800-899
Cross streets
King St. E and Wellington
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$677/mo
Exposure
East
Property tax
$4,668 / 2025
Days on market
46
Listing brokerage
RIGHT AT HOME REALTY INVESTMENTS GROUP
Moe’s TakeTeam Asgarian · Broker
Above comparables
$468Kest. value

Listed at $529,900, this home is about 13% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($624/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $400K, a bit lower.

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 $450K
  • Size difference +$53K
  • Adjusts to $503K

That comparable adjusts to $503K; the $468K estimate above is the median of all 5 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
$423KGreat deal$530KOverpriced

Total price vs nearby homes. Fair value about $468K, median of 5 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.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby in Beasley · asking prices
$469kavg asking

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

703-212 King William Street$575k408-112 King Street$450k1220-212 King William Street$450k408-121 King Street$400k

The 4 closest active listings nearby.

See all comparable homes
530kThis home575k450k450k400kThis home vs active comparables
Live market pulseActive comparables in Beasley · median list $449K
$624this home / sqft
11active listings nearby
46days on market

This home lists 1% above the area average of $620/sqft.

31 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 88 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
$2,415/mo
$122KIncome needed
4.4×Price ÷ income
$557Weekly 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.

69%mortgage
Mortgage $2,415Property tax $389Condo fee $677Total carry $3,482

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)
$2,262per month

Mortgage amount $423,920 · 4.14% over 25 years

$105,980Down payment (20.0%)
$423,920Loan before insurance
$0CMHC premium
$3,328Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,262
Property tax
$389
Condo / maintenance fees
$677
Heating
$0
Estimated monthly cost
$3,328

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

One-time closing costs

Ontario land transfer tax
$7,073
Estimated closing costs
$7,073

Plus your down payment of $105,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,748/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

$254,738Total interest paid
$678,658Total of all payments
Principal $423,920 Interest $254,738
YearPrincipalInterestBalance
1$9,931$17,215$413,989
2$10,346$16,800$403,643
3$10,779$16,367$392,863
4$11,230$15,916$381,633
5$11,700$15,447$369,934
6$12,189$14,957$357,745
7$12,699$14,447$345,046
8$13,230$13,916$331,815
9$13,784$13,363$318,032
10$14,360$12,786$303,672
11$14,961$12,186$288,711
12$15,587$11,560$273,124
13$16,239$10,908$256,886
14$16,918$10,229$239,968
15$17,625$9,521$222,343
16$18,363$8,784$203,980
17$19,131$8,016$184,849
18$19,931$7,215$164,918
19$20,765$6,382$144,154
20$21,633$5,513$122,520
21$22,538$4,608$99,982
22$23,481$3,666$76,501
23$24,463$2,683$52,038
24$25,486$1,660$26,552
25$26,552$594$0

At the end of your 5-year term

Total paid over the term
$135,732
Principal paid down
$53,986
Interest paid
$81,745
Balance remaining
$369,934

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
2.9%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.

6.1%
Gross yield
− Property tax $4,668− Condo fees $8,129− Insurance $600− Vacancy & upkeep $3,564Net operating income $15,439

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY INVESTMENTS GROUP. MLS®/PropTx.

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