75 James Street S 309, Hamilton

$349,990
75 James Street S 309

$349,990

New
7d
Condo ApartmentApartment

75 James Street S 309, Hamilton

Total Monthly Obligation $1,940

Bed+Den
2+1
Baths
1
Park
0
Sqft
500-599
DOM
7d
Score
22
Yield
5.8%
Cash on Cash
-1.3%
Cap Rate
4.3%
5Y IRR
14.5%
10Y IRR
13.8%
Property Type-Condo Apartment
MLS® Number-X14088542
Bed+Den-2+1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Condo Apartment
Maintenance-$327.75/mo
Locker-None
Parking-Underground
Basement-None
Heating-Fan Coil (Electric)
Brokerage-MILBORNE REAL ESTATE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-30-120 days
Neighbourhood-Corktown
Title-Residential Condo & Other

No agent assigned

Welcome to 75 James, where modern urban living meets exceptional convenience in the heart of downtown Hamilton. This beautifully appointed 1 bedroom + den 1 bathroom unit features a bright, open-concept layout with contemporary finishes, and expansive windows that fill the space with natural light, and a thoughtfully designed living space. Enjoy over 16,000 sq.ft. of premium building amenities and an unbeatable location just steps to restaurants, cafés, GO Transit, shopping, entertainment, parks, and the future LRT line. Eligible for HST rebate* An excellent opportunity for first-time buyers, professionals, investors, or anyone seeking a vibrant downtown lifestyle.

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

Closing Costs

Mortgage Amount
$279,992
Land Transfer Taxes$3,725
Legal Fees (Est.)
$
Total cash required for closing$75,223

Total Monthly Obligation

$1,940/mo
Mortgage $1,412
Monthly Loss $1,568
Principal$372
Interest$1,040
Condo Fees$328
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.8%1
5-Year IRR
10.4%38
10-Year IRR
11.0%
Returns Index
20.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$20,208/yr
NOI
$11,854/yr
Net Cash Flow
-$424/mo
Cash Margin
-25.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
4.9 mo83
Risk Index
36.9/ 100

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

Comparables

Properties near 75 James Street S 309

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.

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

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Data last updated within the past 24 hours.