103-81 Charlton Avenue, Hamilton, ON

Corktown, Hamilton · MLS® X13471116

$249,900
For Sale
Listed 27 days ago
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2Bedrooms
1Bathrooms
1Garage
600-699Sq Ft

About this home

Located in Hamilton's vibrant Corktown neighbourhood, this freshly painted and move-in ready 2-bedroom condo offers exceptional value for first-time buyers, downsizers, investors, or those looking for convenient city living. Thoughtfully laid out, the unit features carpet-free-living, granite countertops, pantry storage, generous closet space throughout, and well-sized bedrooms. A spacious balcony extends the living area outdoors, offering the perfect spot to relax or unwind. The main level location offers added convenience with easy everyday access, making grocery runs, pet walks, moving furniture, or coming and going simple and stress-free. The unit also includes 1 owned underground parking space and an owned locker - valuable features not found with every unit. Condo fees include heat and water, and the building offers plenty of visitor parking for guests. Several major building improvements have been completed in recent years, including windows, sliding doors, elevator modernization, and underground parking garage improvements. Ideally situated just steps to hospitals, the GO Station, downtown restaurants, cafes, shops, trails, and transit, with quick access to major highways for commuters. Whether you're looking to enter the market, invest, or enjoy an easy urban lifestyle, this is fantastic value in one of Hamilton's most walkable and connected neighbourhoods.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
X13471116
Bedrooms
2
Bathrooms
1
Size
600-699
Cross streets
Catharine St. S.
Parking
1 garage (underground)
Basement
None
Heating
Baseboard
A/C
None
Exterior
Brick Veneer
Maintenance
$937/mo
Exposure
North
Property tax
$2,118 / 2026
Days on market
27
Listing brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA

Rooms

BedroomMain3.25 × 3.99 m

ceiling fan(s) · carpet free

BathroomMain2.16 × 1.47 m

4 Pc Bath

Bedroom 2Main2.84 × 3.99 m

ceiling fan(s) · carpet free

Living RoomMain5.11 × 3.63 m

combined w/dining · open concept · w/o to balcony

Dining RoomMain1.75 × 2.21 m

ceiling fan(s) · w/o to balcony

KitchenMain2.44 × 2.21 m

eat-in kitchen · granite counters · ceiling fan(s)

Moe’s TakeTeam Asgarian · Broker
Below comparables
$382Kest. value

Listed at $249,900, this home is about 35% 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 Corktown, so I widened the search to the surrounding area.

Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $216K, 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 $380K
  • Bedrooms +$30K
  • Adjusts to $410K

That comparable adjusts to $410K; the $382K estimate above is the median of all 8 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. JOHN at CHARLTON is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$250KGreat deal$410KOverpriced

Total price vs nearby homes. Fair value about $382K, median of 8 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.

  • Elevator: rare and valuable for accessibility and resale.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$420kavg asking

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

302-57 Mericourt Road$369k112-460 Dundas Street$425k129-101 SHOREVIEW Place$420k506-479 Charlton Avenue$390k232-10 Mallard Trail$498k

The 5 closest of 8 active listings nearby.

See all comparable homes
250kThis home369k425k420k390k498kThis home vs active comparables
Live market pulseActive comparables in Corktown · median list $340K
$385this home / sqft
6active listings nearby
27days on market

This home lists 30% below the area average of $551/sqft.

13 days longer than the Hamilton average (14 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Corktown, 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

75/ 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: JOHN at CHARLTON, about 76 m away

20+ transit stops7 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.

Durand
$400K
Beasley
$319K
Central
$390K
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
$1,139/mo
$71KIncome needed
3.5×Price ÷ income
$263Weekly 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.

51%mortgage
Mortgage $1,139Property tax $176Condo fee $937Total carry $2,253

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)
$1,067per month

Mortgage amount $199,920 · 4.14% over 25 years

$49,980Down payment (20.0%)
$199,920Loan before insurance
$0CMHC premium
$2,180Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,067
Property tax
$177
Condo / maintenance fees
$937
Heating
$0
Estimated monthly cost
$2,180

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

One-time closing costs

Ontario land transfer tax
$2,224
Estimated closing costs
$2,224

Plus your down payment of $49,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$1,296/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

$120,134Total interest paid
$320,054Total of all payments
Principal $199,920 Interest $120,134
YearPrincipalInterestBalance
1$4,683$8,119$195,237
2$4,879$7,923$190,357
3$5,083$7,719$185,274
4$5,296$7,506$179,978
5$5,518$7,285$174,460
6$5,748$7,054$168,712
7$5,989$6,813$162,723
8$6,239$6,563$156,484
9$6,500$6,302$149,983
10$6,772$6,030$143,211
11$7,055$5,747$136,156
12$7,351$5,452$128,805
13$7,658$5,144$121,147
14$7,978$4,824$113,169
15$8,312$4,490$104,856
16$8,660$4,142$96,197
17$9,022$3,780$87,175
18$9,399$3,403$77,775
19$9,793$3,010$67,983
20$10,202$2,600$57,780
21$10,629$2,173$47,151
22$11,074$1,729$36,078
23$11,537$1,265$24,541
24$12,019$783$12,522
25$12,522$280$0

At the end of your 5-year term

Total paid over the term
$64,011
Principal paid down
$25,460
Interest paid
$38,551
Balance remaining
$174,460

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
3.2%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.

9.8%
Gross yield
− Property tax $2,118− Condo fees $11,248− Insurance $600− Vacancy & upkeep $2,706Net operating income $7,929

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.

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