Gore Park Lofts

Gore Park Lofts is a new condo development by Scholar Properties Ltd. and The Effort Group currently under construction at 121 King Street East, Hamilton. The development is scheduled for completion in 2021. Available units range in price from $409,900 to $574,900. Gore Park Lofts has a total of 40 units. Sizes range from 604 to 906 square feet.

 Assignment Sale

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Rooms: 1 Bed, 1 Bath Asking price: $399,900
Size: 533 Sq.Ft Original purchase date: Sep, 2019
Location: 121 King Street East, Hamilton Original purchase price: $323,900
Parking: 3 Year Lease (1st yr free, $130/M for 2nd & 3rd yr) Deposit paid: $48,585
Locker: Included Further deposit: $16,195 on Occupancy
Exposure: West Developer: Scholar Properties Ltd. & The Effort Group
Occupancy: Est. End of 2021 Capped Levies: $5,000 + HST
head1 head2
Rooms: 1 Bed, 1 Bath
Size: 533 Sq.Ft
Location: 121 King Street East, Hamilton
Parking: 3 Year Lease (1st yr free, $130/M for 2nd & 3rd yr)

Parking: 3 Year Lease

Locker: Included
Exposure: West
Occupancy: Est. End of 2021
Asking price: $399,900
Original purchase date: Sep, 2019
Original purchase price: $323,900
Deposit paid: $48,585
Deposit paid: $48,585
Further deposit: $16,195 on Occupancy
Developer: Scholar Properties Ltd. & The Effort Group
Capped Levies: $5,000 + HST

Features & Highlights

Gorgeous One Bedroom Unit 553 Sf Facing West! Open Concept Layout With Flat Ceiling And Duralox Vinyl Flooring. Kitchen With Quartz Counter Top, Tile Backsplash, Built-In Microwave, Stainless Steel Appliances. Bathroom With Porcelain Tile, Vanity With Quartz Countertop And Undermount Sink.

  • Gore Park Lofts are centrally located to a great assortment of restaurant, entertainment and retail options lined along King St E
  • Within walking distance to a stop along the upcoming Hamilton LRT (expected to be completed in 2024) which will feature 17 stops on 14 kilometres of safe, rapid, and reliable light rail, from McMaster University through downtown Hamilton to Eastgate, from the west end of the city to the east
  • You are also a 4 Minute Drive or 7 Minute Walk to the Hamilton GO Centre where you will have access to both GO Train & Bus Routes
  • Quick 6 Minute commute to Mohawk College which is home to 30,000 full-time, part-time and apprenticeship students at the three campuses located all in Hamilton & an 8 Minute Commute to McMaster University which is home to over 30,000 students
  • Conveniently located just 4 Minutes from Highway 403 & 12 Minutes from the QEW making travelling throughout the GTA an absolute breeze
  • In close proximity to Hamilton’s largest shopping centre, Lime Ridge Mall, which features over 180 stores & services for you to enjoy.

About the Developers

Scholar Properties Ltd, an ambitious real estate developer, manager, and acquirer of multi-residential real estate assets located in emerging markets across southern Ontario for which upmarket post-secondary student residences has proven to be their specialty. It aims to take a nimble approach to real estate investment in order to provide modern luxury student housing with the best rooms and the best locations. The resulting payoff can be instantly seen in Scholar Properties’ prior successes that can be found in London and Waterloo, while a new luxury development in Hamilton will be completed in 2021.

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