805-8 WOODMAN Drive, Hamilton, ON

Corman, Hamilton · MLS® X13503148

$339,000
For Sale
Listed 18 days ago
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1Bedrooms
1Bathrooms
1Parking
600-699Sq Ft

About this home

Stop Renting, Start Owning: Your Dream Condo Awaits! Meticulously renovated, modern condo with breathtaking views, all for less than what you're currently paying in rent! This isn't a pipe dream; it's a reality waiting for you in this stunning Hamilton gem. Captivating open concept design, flooded by natural light with 9 foot ceilings exclusive to the penthouse level. The heart of this condo is its custom kitchen, featuring, gleaming granite countertops on a spacious breakfast island, & a stylish ceramic backsplash. Cooking & entertaining will be a joy with the convenience of LED pot lights & a double sink. Luxury abounds with all-new 5/8ths flooring, newer baseboards, trim, doors, & casements. Storage is no longer an issue with custom closets, with a generous 19 ft closet in the front entrance & an expansive his-and-hers 8-ft closet in the master bedroom. The modern 4-pc bath boasts elegant ceramic tile, providing a spa-like experience. Step out onto the 23' x 4' balcony & soak in the amazing panoramic views of Hamilton & the Bay overlooking a canopy of trees. Enjoy your morning coffee or evening cocktails while taking in the stunning scenery. Conveniences are Just minutes to QEW, transit, shopping, specialty shops & grocery stores, premium parking spot right in front of the building makes coming and going a breeze. This condo is truly rare, considering the Hydro, Heat, Water, Parking & basic cable are included in the $704 condo fees! Say goodbye to those surprise bills & hello to predictable monthly expenses. But here's the best part: the seller may consider a Vendor Take Back (VTB) mortgage with a minimum $100,000 down payment, making ownership even more accessible. For the right first-time buyer with an excellent credit score and job stability, this could be the perfect opportunity to finally enter the real estate market. Don't miss this opportunity! Stop throwing your money away on rent and invest in your future.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
X13503148
Bedrooms
1
Bathrooms
1
Size
600-699
Cross streets
WOODMAN & QUEENSTON
Parking
1 parking
Basement
None
Heating
Radiant
A/C
Wall Unit(s)
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Rolled
Maintenance
$705/mo
Exposure
East
Property tax
$2,009 / 2026
Days on market
18
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

BedroomFlat3.66 × 3.35 m
BathroomFlat0.00 × 0.00 m

4 Pc Bath

FoyerFlat0.00 × 0.00 m
Living RoomFlat3.66 × 3.05 m
KitchenFlat3.66 × 2.44 m
Dining RoomFlat3.66 × 2.13 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$355Kest. value

Listed at $339,000, this home is about 4% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Below comparable homes on total price, yet the price per square foot ($522/sqft) is in line with the area, which usually points to a smaller or more efficient layout.

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

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths.

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 $300K
  • Size difference +$55K
  • Adjusts to $355K

That comparable adjusts to $355K; the $355K 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. QUEENSTON at WOODMAN is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$339KGreat deal$355KOverpriced

Total price vs nearby homes. Fair value about $355K, 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$351kavg asking

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

208-2605 Binbrook Road$360k43-2373 King Street$300k418-212 King Street$380k507-36 James Street$315k221-600 North Service Road$399k

The 5 closest of 8 active listings nearby.

See all comparable homes
339kThis home360k300k380k315k399kThis home vs active comparables
Live market pulseActive comparables in Hamilton · median list $389K
$522this home / sqft
88active listings nearby
18days on market

This home lists 6% below the area average of $553/sqft.

3 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

Corman, 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

79/ 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: QUEENSTON at WOODMAN, about 72 m away

20+ transit stops8 grocery20+ dining12 parks16 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.

Vincent
$345K
Riverdale
$300K
Stoney Creek
$491K
Lakeshore
$537K
Beasley
$319K

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
$1,545/mo
$81KIncome needed
4.2×Price ÷ income
$357Weekly 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.

64%mortgage
Mortgage $1,545Property tax $167Condo fee $705Total carry $2,417

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)
$1,447per month

Mortgage amount $271,200 · 4.14% over 25 years

$67,800Down payment (20.0%)
$271,200Loan before insurance
$0CMHC premium
$2,320Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,447
Property tax
$167
Condo / maintenance fees
$705
Heating
$0
Estimated monthly cost
$2,320

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

One-time closing costs

Ontario land transfer tax
$3,560
Estimated closing costs
$3,560

Plus your down payment of $67,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$1,758/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

$162,967Total interest paid
$434,167Total of all payments
Principal $271,200 Interest $162,967
YearPrincipalInterestBalance
1$6,353$11,013$264,847
2$6,619$10,748$258,228
3$6,896$10,471$251,332
4$7,184$10,182$244,147
5$7,485$9,882$236,663
6$7,798$9,569$228,865
7$8,124$9,243$220,741
8$8,464$8,903$212,277
9$8,818$8,549$203,459
10$9,187$8,180$194,272
11$9,571$7,796$184,701
12$9,971$7,395$174,729
13$10,388$6,978$164,341
14$10,823$6,544$153,518
15$11,276$6,091$142,242
16$11,747$5,619$130,495
17$12,239$5,128$118,256
18$12,751$4,616$105,505
19$13,284$4,083$92,221
20$13,840$3,527$78,382
21$14,419$2,948$63,963
22$15,022$2,345$48,941
23$15,650$1,717$33,291
24$16,305$1,062$16,987
25$16,987$380$0

At the end of your 5-year term

Total paid over the term
$86,833
Principal paid down
$34,537
Interest paid
$52,296
Balance remaining
$236,663

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.

7.3%
Gross yield
− Property tax $2,009− Condo fees $8,457− Insurance $600− Vacancy & upkeep $2,706Net operating income $10,828

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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