135 James Street S 409, Hamilton

$219,900
135 James Street S 409

$219,900

New
23d
Condo Apartment1 Storey/Apt

135 James Street S 409, Hamilton

Total Monthly Obligation $2,109

HausQ Valuation Report
Beds
1
Baths
1
Park
0
Sqft
800-899
DOM
23d
Score
62
Yield
15.7%
Cash on Cash
22.4%
Cap Rate
9.4%
5Y IRR
34.0%
10Y IRR
30.6%
Property Type-Condo Apartment
MLS® Number-X13842136
Beds-1
Bathrooms-1
Size-800-899 sqft
Listed on site-Sep 30, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-51-99
Taxes-$3,428.44 (2025)
Maintenance-$736.07/mo
Locker-Owned
Parking-None
Basement-None
Heating-Heat Pump (Other)
Brokerage-BAY STREET GROUP INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Stucco (Plaster)
Roof-Flat
Foundation-Concrete
Possession-IMMEDIATE
Neighbourhood-Corktown
Title-Residential Condo & Other

No agent assigned

Welcome to Chateau Royale at 135 James St S, ideally situated in the heart of downtown Hamilton. This spacious 1-bedroom suite offers approximately 830 sq. ft. of well-planned living space, featuring a generous living/dining area, a functional kitchen, a large bedroom and convenient in-suite laundry. The comfortable layout and oversized principal rooms provide plenty of flexibility for everyday living, working from home or entertaining. Enjoy the convenience of a well-managed condominium with excellent building amenities, including concierge service, fitness facilities, a party room and rooftop outdoor space. An outstanding downtown location just steps from Hamilton GO Centre and GO Bus Terminal, with St. Joseph's Hospital, restaurants, cafés, shopping and everyday essentials all close by. A great opportunity for first-time buyers, downsizers or investors looking for space and convenience in the heart of Hamilton.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$175,920
Land Transfer Taxes$1,924
Legal Fees (Est.)
$
Total cash required for closing$47,404

Total Monthly Obligation

$2,109/mo
Mortgage $887
Monthly Loss $1,875
Principal$233
Interest$654
Property Tax$286
Condo Fees$736
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
7.5%68
Cash-on-Cash
12.3%64
5-Year IRR
26.6%99
10-Year IRR
24.9%
Returns Index
78.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeB
62/ 100
Fair•Hold / Negotiate

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$34,584/yr
NOI
$16,464/yr
Net Cash Flow
$485/mo
Cash Margin
16.8%59
Cash Flow Index
59.0/ 100
Risk Profile
Weight: 20%
DSCR
1.5577
LTV Ratio
80.0%18
Vacancy Buffer
4.4 mo76
Risk Index
56.9/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 135 James Street S 409

Time

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Data last updated within the past 24 hours.