4 Robinson Street 9, Hamilton

$159,999
4 Robinson Street 9

$159,999

New
8d
Co-op ApartmentApartment

4 Robinson Street 9, Hamilton

Total Monthly Obligation $1,388

Beds
1
Baths
1
Park
1
Sqft
500-599
DOM
8d
Score
32
Yield
11.7%
Cash on Cash
10.7%
Cap Rate
6.9%
5Y IRR
24.2%
10Y IRR
21.8%
Property Type-Co-op Apartment
MLS® Number-X14079792
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 15, 2026
Style-Apartment
Building Type-Co-op Apartment
Age-51-99
Maintenance-$543/mo
Locker-Exclusive
Parking-1 - None
Basement-Other
Heating-Radiant (Gas)
Brokerage-COLDWELL BANKER THE REAL ESTATE CENTRE
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Roof-Flat
Foundation-Concrete Block
Possession-Flexible
Neighbourhood-Durand
Title-Residential Condo & Other

No agent assigned

Spacious well-maintained full-equity co-op 1 bedroom apartment in the Durand neighbourhood includes a designated parking space & private storage locker. A quiet, adults-only, owner- occupied 14 unit building, residents enjoy a true sense of community and pride of ownership. With no rentals permitted, the building maintains a calm, respectful atmosphere ideal for comfortable everyday living. Perfectly situated within a 5-minute walk to The Hunter Street GO Station (officially known as the Hamilton GO Centre) steps to St. Joseph's Healthcare Centre and St. Joseph's Hospital, downtown Hamilton, close proximity to Locke Street shops, Hess Village, restaurants, cafes, parks, local public transit and easy mountain access, this location makes commuting and daily errands effortless. Hamilton City Hall is located just northwest of 4 Robinson Street, roughly a 5-minute walk. Major building updates already completed at The Castle Apartment Building include a new boiler, roof, newer windows and secure entry with cameras. Monthly fee of $543 includes heat, water, dedicated parking spot, private locker, building insurance, building maintenance, and property taxes providing affordable straightforward ownership costs and outstanding value. Potential buyers must arrange cash or private funding for the purchase. Board approval mandatory, a credit check, and a police check are required. Best suited for cash-ready buyers, excellent for snowbirds needing low cost living and downsizers. Co-op Properties are exempt from the City of Hamilton vacant unit tax. Note this building is a walkup, no elevators (which keeps maintenance fees down) must be able to walk up the stairs unit is on 2nd floor. Laundry is coin operated on lower level, no need for you to ever pay for repairs or replacement of your own washer and dryer also keeping your unit hydro costs down. Unit sold "As-Is, Where-Is" No Seller warranties or representations. *3 photos virtually staged for furniture placement ideas.

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

Closing Costs

Mortgage Amount
$127,999
Land Transfer Taxes$1,325
Legal Fees (Est.)
$
Total cash required for closing$34,825

Total Monthly Obligation

$1,388/mo
Mortgage $645
Monthly Loss $1,219
Principal$170
Interest$476
Condo Fees$543
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.9%37
Cash-on-Cash
0.5%8
5-Year IRR
16.7%80
10-Year IRR
16.5%
Returns Index
42.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
32/ 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
$18,684/yr
NOI
$7,900/yr
Net Cash Flow
$13/mo
Cash Margin
0.8%6
Cash Flow Index
5.6/ 100
Risk Profile
Weight: 20%
DSCR
1.0228
LTV Ratio
80.0%18
Vacancy Buffer
6.8 mo96
Risk Index
47.4/ 100

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

Comparables

Properties near 4 Robinson Street 9

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.