321-41 Wilson Street, Hamilton, ON

Beasley, Hamilton · MLS® X13749142

$599,900
For Sale
Listed 17 days agoNo offer date stated
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1+1Bedrooms
2Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Opportunity to acquire a Residential unit at The Design District Hamilton, an assignment Sale, state-of-the-art three-tower residential condominium in Downtown Hamilton.
  • Unit located on the 3rd Floor, 1 bed + den and 2 full washrooms.

Opportunity to acquire a Residential unit at The Design District Hamilton, an assignment Sale, state-of-the-art three-tower residential condominium in Downtown Hamilton. Unit located on the 3rd Floor, 1 bed + den and 2 full washrooms. Located in the perfect transit hub, The Design District is only minutes away from the GO Train, LRT line, and Hamilton Airport.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
X13749142
Bedrooms
1+1 (2 total)
Bathrooms
2
Size
600-699 sq ft
Cross streets
Wilson St and John St North
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Brick Front
Exposure
East West
Days on market
17
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

FoyerFlat3.35 × 3.35 m

vinyl floor · closet · 3 pc bath

DenFlat3.35 × 3.35 m

Vinyl Floor

KitchenFlat3.35 × 3.35 m

vinyl floor · stainless steel appl

Living RoomFlat3.35 × 3.35 m

vinyl floor · w/o to balcony

Primary BedroomFlat3.35 × 3.35 m

vinyl floor · closet · 4 pc ensuite

Our TakeTeam Asgarian · Broker
A small discount is typical
$580Klikely sale price

Listed at $599,900 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $580K, typically $547K to $628K. Comparable closings on their own put this home around $298K, about 50% below the ask.

List price
$547KBelow recent closings$628KAbove recent closings

Total price vs nearby homes. Likely closing about $580K, from 5 recent closings in this pocket.

The market behind the math:

5sold nearby · 90 days
$310Kmedian sold price
93%of asking, on average
−22%prices vs a year ago
~30 dayshomes like this take to sell
17days on market so far
$1,976/moest. rent · 357 leases
4.0%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 4.2 months of inventory: 7 condo apartment homes for sale in the area against 5 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 $924/sqft against an area asking average of $504/sqft.

How this estimate is builtthe short version

I take the 5 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call.

Based on 5 comparable homes that sold in Beasley over the past two years, from 50 closings there.

What sellers nearby are askingCurrently listed nearby in Beasley · asking prices
$333kavg 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 $298K, which is where my estimate comes from.

Per square foot, these ask about $529/sqft; this home lists at $924/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
600kThis home370k335k380k280k300kThis home vs active comparables

Neighbourhood & location

Beasley, 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.

Corktown
$385K
Central
$380K
Durand
$412K
Stinson
$525K
Ainslie Wood
$285K

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
$2,734/mo
$120KIncome needed
5.0×Price ÷ income
$631Weekly cost
$8,473Land 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.

88%mortgage
Mortgage $2,734Property tax $375Total carry $3,109

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%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,627per month

Mortgage amount $479,920 · 4.39% over 25 years

$119,980Down payment (20.0%)
$479,920Loan before insurance
$0CMHC premium
$3,002Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,627
Property tax
$375
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,002

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

One-time closing costs

Ontario land transfer tax
$8,473
Estimated closing costs
$8,473

Plus your down payment of $119,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$3,183/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

$308,168Total interest paid
$788,088Total of all payments
Principal $479,920 Interest $308,168
YearPrincipalInterestBalance
1$10,860$20,664$469,060
2$11,342$20,182$457,718
3$11,845$19,678$445,873
4$12,371$19,152$433,502
5$12,920$18,603$420,581
6$13,494$18,030$407,088
7$14,092$17,431$392,995
8$14,718$16,806$378,278
9$15,371$16,152$362,907
10$16,053$15,470$346,853
11$16,766$14,758$330,088
12$17,510$14,014$312,578
13$18,287$13,237$294,291
14$19,099$12,425$275,192
15$19,946$11,577$255,246
16$20,831$10,692$234,415
17$21,756$9,768$212,659
18$22,722$8,802$189,937
19$23,730$7,794$166,207
20$24,783$6,740$141,424
21$25,883$5,640$115,541
22$27,032$4,492$88,509
23$28,232$3,292$60,278
24$29,484$2,039$30,793
25$30,793$730$0

At the end of your 5-year term

Total paid over the term
$157,618
Principal paid down
$59,339
Interest paid
$98,279
Balance remaining
$420,581

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 357 whole-home leases in Beasley$1,976/mo
$23,712Gross annual rent
2.7%Cap rate after taxes and upkeep
$1,847 to $2,124Typical rent range
~45 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 357 whole-home leases in Beasley signed at a median of $1,948 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $1,976. 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.

4.0%
Gross yield
− Property tax $4,199− Insurance $600− Vacancy & upkeep $2,608Net operating income $16,304

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.

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