1508-1964 Main Street, Hamilton, ON

Ainslie Wood, Hamilton · MLS® X13423702

$429,000
For Sale
Listed 38 days ago
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3Bedrooms
2Bathrooms
1Garage · 2 parking
1000-1199Sq Ft

About this home

This beautifully renovated 3-bedroom, 1.5-bathroom PENTHOUSE condo offers spectacular escarpment and city views, thoughtful custom upgrades, and a rare opportunity to own in one of Hamilton's most established and sought-after condominium communities. The contemporary kitchen is truly the heart of the home, featuring custom cabinetry, premium appliances including a built-in refrigerator & stone countertops. The bright open-concept living and dining areas showcase upgraded flooring, pot lights, reclaimed wood accents, feature wall details, and direct access to a private balcony overlooking the city and surrounding green space. The spacious primary bedroom includes a walk-in closet and convenient two-piece ensuite, while two additional generously sized bedrooms provide flexibility for family, guests, or a home office. The main bathroom was further updated in 2024 with a brand-new tub and shower combination, adding to the home's move-in-ready appeal. An additional storage room offers excellent pantry space and room for a second refrigerator. One of the standout features of this unit is the inclusion of two parking spaces, a rare offering in condo living, with one underground space and one surface. Residents enjoy access to excellent amenities including an indoor pool, fitness area, party room, sauna, outdoor seating areas, and beautifully maintained common spaces. Backing onto conservation land with nearby trails and nature at your doorstep, yet just minutes from Highway 403, McMaster University, downtown Hamilton, Dundas, and Ancaster, this location offers the perfect balance of convenience and tranquility.

Key facts

Property type
Condo Apartment, Apartment
MLS®
X13423702
Bedrooms
3
Bathrooms
2 (1 half)
Size
1000-1199
Cross streets
KING & WHITNEY
Parking
1 garage · 2 parking (underground)
Basement
None
Heating
Radiant
A/C
Window Unit(s)
Exterior
Concrete
Maintenance
$929/mo
Exposure
East
Property tax
$2,963 / 2026
Days on market
38
Listing brokerage
KELLER WILLIAMS COMPLETE REALTY
Moe’s TakeTeam Asgarian · Broker
Below comparables
$507Kest. value

Listed at $429,000, this home is about 15% 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 Ainslie Wood, so I widened the search to the surrounding area.

Based on 11 similar homes nearby, adjusted for size, beds, and baths.Median of 11 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $397K, a bit lower. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $609K
  • Bedrooms +$30K
  • Adjusts to $639K

That comparable adjusts to $639K; the $507K estimate above is the median of all 11 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. At 1950 MAIN is about a 1-minute walk away.

List price
$429KGreat deal$688KOverpriced

Total price vs nearby homes. Fair value about $507K, median of 11 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Value driver
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$594kavg asking

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

908-40 Harrisford Street$385k311-262 Dundas Street$599k212-461 Green Road$799k

The 3 closest active listings nearby.

See all comparable homes
429kThis home385k599k799kThis home vs active comparables
Live market pulseActive comparables in Ainslie Wood · median list $350K
$390this home / sqft
5active listings nearby
38days on market

This home lists 23% below the area average of $509/sqft.

23 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

Ainslie Wood, 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

60/ 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: At 1950 MAIN, about 95 m away

20+ transit stops2 grocery20+ dining11 parks4 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.

Dundas
$452K
Meadowlands
$535K
Strathcona
$525K
Durand
$400K
Central
$390K

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
$1,955/mo
$104KIncome needed
4.1×Price ÷ income
$451Weekly 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.

62%mortgage
Mortgage $1,955Property tax $247Condo fee $929Total carry $3,131

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)
$1,831per month

Mortgage amount $343,200 · 4.14% over 25 years

$85,800Down payment (20.0%)
$343,200Loan before insurance
$0CMHC premium
$3,007Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,831
Property tax
$247
Condo / maintenance fees
$929
Heating
$0
Estimated monthly cost
$3,007

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

One-time closing costs

Ontario land transfer tax
$5,055
Estimated closing costs
$5,055

Plus your down payment of $85,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,224/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

$206,233Total interest paid
$549,433Total of all payments
Principal $343,200 Interest $206,233
YearPrincipalInterestBalance
1$8,040$13,937$335,160
2$8,376$13,601$326,784
3$8,727$13,251$318,057
4$9,092$12,886$308,965
5$9,472$12,505$299,493
6$9,868$12,109$289,625
7$10,281$11,696$279,344
8$10,711$11,266$268,633
9$11,159$10,818$257,474
10$11,626$10,352$245,849
11$12,112$9,865$233,736
12$12,619$9,359$221,118
13$13,147$8,831$207,971
14$13,696$8,281$194,275
15$14,269$7,708$180,006
16$14,866$7,111$165,139
17$15,488$6,489$149,651
18$16,136$5,841$133,516
19$16,811$5,167$116,705
20$17,514$4,463$99,191
21$18,247$3,731$80,944
22$19,010$2,968$61,935
23$19,805$2,172$42,130
24$20,633$1,344$21,496
25$21,496$481$0

At the end of your 5-year term

Total paid over the term
$109,887
Principal paid down
$43,707
Interest paid
$66,180
Balance remaining
$299,493

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$3,400/mo
$40,800Gross annual rent
5.0%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.

9.5%
Gross yield
− Property tax $2,963− Condo fees $11,151− Insurance $600− Vacancy & upkeep $4,488Net operating income $21,598

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KELLER WILLIAMS COMPLETE REALTY. MLS®/PropTx.

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