1203-301 FRANCES Avenue, Hamilton, ON

Lakeshore, Hamilton · MLS® X13608638

$469,000
For Sale
Listed 80 days agoNo offer date stated
3Bedrooms
2Bathrooms
1Garage
1200-1399Sq ft

About this home

In short

  • Welcome to Suite 1203 at 301 Frances Avenue, where generous living space meets resort-style waterfront living.
  • This rare 3-bedroom, 2-bathroom suite offers approximately 1,338 sq. ft. of interior space, oversized principal rooms, large windows and two private balconies...
  • The functional layout features a spacious living and dining area, an eat-in kitchen, convenient in-suite laundry, excellent storage and a primary bedroom with a...
  • The building offers an impressive selection of amenities, including an outdoor pool, fitness room, sauna, party room, library, workshop, barbecue area and visitor...

Welcome to Suite 1203 at 301 Frances Avenue, where generous living space meets resort-style waterfront living. This rare 3-bedroom, 2-bathroom suite offers approximately 1,338 sq. ft. of interior space, oversized principal rooms, large windows and two private balconies showcasing beautiful views of Lake Ontario and the Niagara Escarpment.The functional layout features a spacious living and dining area, an eat-in kitchen, convenient in-suite laundry, excellent storage and a primary bedroom with a walk-in closet and private ensuite. The building offers an impressive selection of amenities, including an outdoor pool, fitness room, sauna, party room, library, workshop, barbecue area and visitor parking. Condo fees include heat, air conditioning, hydro, water, cable and internet.Ideally located near the waterfront, beaches, walking trails, parks, shopping and quick QEW access. A spacious condo with a cottage-like setting-without the cottage traffic!

Key facts

Property type
Condo Apartment, Apartment
MLS®
X13608638
Bedrooms
3
Bathrooms
2 (1 half)
Size
1200-1399 sq ft
Cross streets
North Service Rd to Green Rd to Frances
Parking
1 garage (underground)
Basement
Apartment
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Roof
Rolled
Maintenance
$1,458/mo
Exposure
North
Property tax
$1,331 / 2025
Days on market
80
Listing brokerage
CENTURY 21 PEOPLE`S CHOICE REALTY INC.

Rooms

BedroomMain4.67 × 3.00 m

Laminate

Dining RoomMain8.38 × 3.89 m

laminate · combined w/living

BedroomMain4.70 × 3.30 m

Laminate

KitchenMain3.71 × 4.17 m

Ceramic Floor

BathroomMain1.52 × 1.40 m
Primary BedroomMain4.93 × 3.89 m
Living RoomMain8.38 × 3.89 m

laminate · combined w/dining

BathroomMain1.55 × 2.51 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$456Klikely sale price

Listed at $469,000. Going by how homes in Lakeshore and the wider GTA have actually closed against their asking prices (about 97%, 10 local closings in 90 days), the likely sale price is near $456K, if it sells. A realistic range is $430K to $494K.

Independent value check: $453K. Without looking at the asking price, our model values the home itself about 3% below the ask (homes like it typically land between $421K and $476K).

List price
$430KBelow recent closings$494KAbove recent closings

Total price vs nearby homes. Likely closing about $456K, from 10 recent closings in this pocket.

The market behind the math:

10sold nearby · 90 days
$403Kmedian sold price
94%of asking, on average
−2%prices vs a year ago
~38 dayshomes like this take to sell
80days on market so far
$3,106/moest. rent · 26 leases
7.9%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.5 months of inventory: 5 condo apartment homes for sale in the area against 10 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $361/sqft against an area asking average of $542/sqft.

  • basement apartment features. A finished basement apartment. A self-contained space for extended family, guests or potential income. In Lakeshore basements rarely rent out (0 of 239 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the Town of Hamilton.
How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 10 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $493K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Primary suite: a key comfort and resale feature. Lifestyle

Based on 6 homes sold in this building over the past two years, from 93 closings in Lakeshore.

What sellers nearby are askingCurrently listed nearby · asking prices
$627kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $453K, which is where my estimate comes from.

Per square foot, these ask about $543/sqft; this home lists at $361/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
469kThis home565k445k584k799k740kThis home vs active comparables

Sold price trend

Median sold price for condos in Hamilton: $374K in September 2026, level with a year ago, on 366 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Hamilton as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$419K36
November 2025$374K21
December 2025$363K28
January 2026$375K29
February 2026$360K29
March 2026$399K33
April 2026$347K31
May 2026$368K41
June 2026$391K38
July 2026$370K39
August 2026$405K23
September 2026$374K18

Neighbourhood & location

Lakeshore, 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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Stoney Creek
$462K
Stinson
$448K
Beasley
$343K
Corktown
$309K
Durand
$410K

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
$2,138/mo
$115KIncome needed
4.1×Price ÷ income
$493Weekly cost
$5,855Land transfer tax, one-time (Ontario)
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.

58%mortgage
Mortgage $2,138Property tax $111Condo fee $1,458Total carry $3,706

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,075per month

Mortgage amount $375,200 · 4.49% over 25 years

$93,800Down payment (20.0%)
$375,200Loan before insurance
$0CMHC premium
$3,643Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,075
Property tax
$111
Condo / maintenance fees
$1,458
Heating
$0
Estimated monthly cost
$3,643

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

One-time closing costs

Ontario land transfer tax
$5,855
Estimated closing costs
$5,855

Plus your down payment of $93,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,511/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

$247,164Total interest paid
$622,364Total of all payments
Principal $375,200 Interest $247,164
YearPrincipalInterestBalance
1$8,373$16,522$366,827
2$8,753$16,142$358,074
3$9,150$15,744$348,924
4$9,566$15,329$339,358
5$10,000$14,894$329,357
6$10,454$14,440$318,903
7$10,929$13,966$307,974
8$11,425$13,469$296,549
9$11,944$12,951$284,605
10$12,486$12,408$272,119
11$13,053$11,841$259,066
12$13,646$11,249$245,420
13$14,265$10,629$231,154
14$14,913$9,981$216,241
15$15,590$9,304$200,651
16$16,298$8,596$184,353
17$17,038$7,856$167,315
18$17,812$7,083$149,503
19$18,620$6,274$130,883
20$19,466$5,429$111,417
21$20,350$4,545$91,067
22$21,274$3,621$69,794
23$22,240$2,655$47,554
24$23,249$1,645$24,305
25$24,305$590$0

At the end of your 5-year term

Total paid over the term
$124,473
Principal paid down
$45,843
Interest paid
$78,630
Balance remaining
$329,357

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
From 26 whole-home leases in Lakeshore$3,106/mo
$37,272Gross annual rent
2.9%Cap rate after taxes and upkeep
$2,951 to $3,262Typical rent range
~40 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 26 whole-home leases in Lakeshore signed at a median of $2,442 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,106. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

7.9%
Gross yield
− Property tax $1,331− Condo fees $17,496− Insurance $600− Vacancy & upkeep $4,100Net operating income $13,745

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 PEOPLE`S CHOICE REALTY INC.. MLS®/PropTx.

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