609-15 Queen Street, Hamilton, ON

Central, Hamilton · MLS® X13416018

$419,000
For Sale
Listed 39 days ago
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2Bedrooms
2Bathrooms
0Parking
700-799Sq Ft

About this home

Welcome to upscale urban living at Platinum Condos a sun-filled 2-bedroom, 2-bath condo in the heart of downtown Hamilton. Perched in a high-rise with spectacular bayfront views, this modern suite features 9-foot ceilings, wide-plank wood laminate flooring, and sleek quartz countertops throughout. The open-concept layout flows effortlessly from a contemporary kitchen complete with stainless steel appliances, ample cabinetry, and an oversized island to a bright living area that opens to a private balcony, extending your living space outdoors. The primary bedroom offers a serene escape with its own 4pc ensuite, while the second bedroom includes wall-to-wall closets and easy access to a 4pc bathroom. Ideally located steps from Hamilton GO Centre, the future LRT, cafés, restaurants, and boutique shopping, with quick access to McMaster University, Mohawk College, St. Joseph's Health Centre, and Hwy 403. A rare opportunity for first-time buyers or savvy investors seeking a vibrant downtown lifestyle with bayfront beauty.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
X13416018
Bedrooms
2
Bathrooms
2
Size
700-799
Cross streets
Queen St S and King St W
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$409/mo
Exposure
North
Property tax
$3,922 / 2025
Days on market
39
Listing brokerage
RE/MAX ESCARPMENT GOLFI REALTY INC.

Rooms

Primary BedroomMain2.59 × 3.96 m
BedroomMain2.54 × 2.84 m
BathroomMain0.00 × 0.00 m

4 Pc Bath

KitchenMain3.71 × 3.61 m
Living RoomMain3.45 × 2.79 m

Combined w/Dining

FoyerMain1.75 × 1.65 m
BathroomMain0.00 × 0.00 m

4 Pc Bath

Moe’s TakeTeam Asgarian · Broker
In line
$360Kest. value

Listed at $419,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.

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 $449K, higher 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 $450K
  • Adjusts to $450K

That comparable adjusts to $450K; the $360K 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 St. W. @ Queen St. N. is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$353KGreat deal$450KOverpriced

Total price vs nearby homes. Fair value about $360K, 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.
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$408kavg asking

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

506-479 Charlton Avenue$390k1909-15 Queen Street$450k403-455 Charlton Avenue$440k802-135 James Street$340k129-101 SHOREVIEW Place$420k

The 5 closest of 8 active listings nearby.

See all comparable homes
419kThis home390k450k440k340k420kThis home vs active comparables
Live market pulseActive comparables in Central · median list $424K
$559this home / sqft
6active listings nearby
39days on market

This home lists 13% above the area average of $496/sqft.

24 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

Central, 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

86/ 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 St. W. @ Queen St. N., about 49 m away

20+ transit stops8 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.

Strathcona
$525K
Durand
$400K
Corktown
$296K
Beasley
$319K
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
$1,910/mo
$95KIncome needed
4.4×Price ÷ income
$441Weekly 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.

72%mortgage
Mortgage $1,910Property tax $327Condo fee $409Total carry $2,645

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)
$1,789per month

Mortgage amount $335,200 · 4.14% over 25 years

$83,800Down payment (20.0%)
$335,200Loan before insurance
$0CMHC premium
$2,525Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,789
Property tax
$327
Condo / maintenance fees
$409
Heating
$0
Estimated monthly cost
$2,525

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

One-time closing costs

Ontario land transfer tax
$4,855
Estimated closing costs
$4,855

Plus your down payment of $83,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,173/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

$201,425Total interest paid
$536,625Total of all payments
Principal $335,200 Interest $201,425
YearPrincipalInterestBalance
1$7,853$13,612$327,347
2$8,181$13,284$319,166
3$8,523$12,942$310,643
4$8,880$12,585$301,763
5$9,251$12,214$292,512
6$9,638$11,827$282,874
7$10,041$11,424$272,833
8$10,461$11,004$262,371
9$10,899$10,566$251,473
10$11,355$10,110$240,118
11$11,830$9,635$228,288
12$12,325$9,140$215,964
13$12,840$8,625$203,123
14$13,377$8,088$189,746
15$13,937$7,528$175,810
16$14,520$6,945$161,290
17$15,127$6,338$146,163
18$15,760$5,705$130,403
19$16,419$5,046$113,984
20$17,106$4,359$96,879
21$17,821$3,644$79,058
22$18,567$2,898$60,491
23$19,343$2,122$41,148
24$20,152$1,313$20,995
25$20,995$470$0

At the end of your 5-year term

Total paid over the term
$107,325
Principal paid down
$42,688
Interest paid
$64,637
Balance remaining
$292,512

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$2,400/mo
$28,800Gross annual rent
3.9%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.

6.9%
Gross yield
− Property tax $3,922− Condo fees $4,908− Insurance $600− Vacancy & upkeep $3,168Net operating income $16,202

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

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