49 Robinson Street 601, Hamilton

$599,900
49 Robinson Street 601

$599,900

New
21d
Condo ApartmentApartment

49 Robinson Street 601, Hamilton

Total Monthly Obligation $4,958

Beds
3
Baths
2
Park
1
Sqft
2000-2249
DOM
21d
Score
15
Yield
7.4%
Cash on Cash
-10.1%
Cap Rate
2.4%
5Y IRR
7.6%
10Y IRR
8.4%
Property Type-Condo Apartment
MLS® Number-X13858222
Beds-3
Bathrooms-2
Size-2000-2249 sqft
Listed on site-Oct 2, 2026
Style-Apartment
Building Type-Condo Apartment
Age-31-50
Taxes-$7,300 (2026)
Maintenance-$1,730/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT GOLFI REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Roof-Flat
Possession-Flexible
Neighbourhood-Dundurn
Title-Residential Condo & Other

No agent assigned

RARELY OFFERED 2,100 SQ. FT. OF ELEVATED CONDO LIVING IN THE HEART OF SOUTHWEST HAMILTON! Welcome to The Garrison, an exclusive residence in the highly sought-after Durand neighbourhood offering exceptional privacy with just TWO SUITES PER FLOOR. This bright and spacious 3-bedroom, 2-bathroom suite delivers the space of a home with the convenience of carefree condo living-an outstanding choice for professionals, healthcare workers, downsizers or anyone looking to upsize their condo lifestyle. Step through the impressive double-door entry into a generous foyer and discover an expansive, thoughtfully designed floor plan featuring laminate flooring throughout the principal living areas, oversized living and dining rooms ideal for entertaining, a custom kitchen, and a bright sunroom perfect for morning coffee, reading or a home workspace. Nine bay windows fill the suite with natural light and provide a wonderful sense of openness throughout. The versatile third bedroom is currently used as a den and can easily accommodate guests, a private office or additional living space. Storage is abundant with generous closets throughout, convenient in-suite laundry, a main-floor storage locker and underground parking. Best of all, you're positioned in one of Hamilton's most desirable and walkable neighbourhoods--just minutes from St. Joseph's Healthcare, parks, the GO Station, public transit, James Street South and the shops, cafés and restaurants that make downtown living so appealing. If you've been waiting for condo convenience WITHOUT compromising on space, privacy or location, this is the one. This Grand unit, in the Garrison offers a lifestyle that's increasingly difficult to find in the heart of the city.

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%
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$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$479,920
Land Transfer Taxes$8,473
Legal Fees (Est.)
$
Total cash required for closing$129,953

Total Monthly Obligation

$4,958/mo
Mortgage $2,420
Monthly Loss $4,321
Principal$637
Interest$1,783
Property Tax$608
Condo Fees$1,730
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.6%10
Cash-on-Cash
-15.1%0
5-Year IRR
4.4%9
10-Year IRR
6.8%
Returns Index
5.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 100
Avoid•Pass

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

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$44,424/yr
NOI
$9,522/yr
Net Cash Flow
-$1,626/mo
Cash Margin
-43.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.332
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo30
Risk Index
16.9/ 100

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

Comparables

Properties near 49 Robinson Street 601

Time

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