36 James Street S 303, Hamilton

$249,900
36 James Street S 303

$249,900

New
7d
Condo Apartment1 Storey/Apt

36 James Street S 303, Hamilton

Total Monthly Obligation $2,166

Beds
1
Baths
1
Park
1
Sqft
700-799
DOM
7d
Score
21
Yield
9.5%
Cash on Cash
-0.9%
Cap Rate
4.4%
5Y IRR
14.9%
10Y IRR
14.0%
Property Type-Condo Apartment
MLS® Number-X14089164
Beds-1
Bathrooms-1
Size-700-799 sqft
Listed on site-Oct 16, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-100+
Taxes-$2,350.5 (2026)
Maintenance-$761.7/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-REVEL REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Stone
Roof-Flat
Possession-FLEX
Neighbourhood-Central
Title-Residential Condo & Other

No agent assigned

**INCLUDES: OWNED PARKING SPACE, EXCLUSIVE USE OF LARGE LOCKER, UTILITIES (HEAT, WATER & CENTRAL AIR), PLUS GYM ACCESS** An incredible opportunity to enter the real estate market in Hamilton's iconic Pigott Building. This spacious condo features an open-concept layout, neutral finishes, oversized windows, generous closet space, and convenient in-suite laundry. Enjoy downtown living just steps from shops, restaurants, transit, the GO Station, and the vibrant James Street North arts district. Hamilton's hospitals and McMaster University are also nearby. Whether you're a first-time buyer, looking to downsize, or seeking an investment opportunity, this is your chance to own a piece of Hamilton history.

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

Closing Costs

Mortgage Amount
$199,920
Land Transfer Taxes$2,224
Legal Fees (Est.)
$
Total cash required for closing$53,704

Total Monthly Obligation

$2,166/mo
Mortgage $1,008
Monthly Loss $1,900
Principal$265
Interest$743
Property Tax$196
Condo Fees$762
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.5%1
5-Year IRR
9.6%33
10-Year IRR
10.8%
Returns Index
17.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$23,772/yr
NOI
$7,504/yr
Net Cash Flow
-$383/mo
Cash Margin
-19.3%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.627
LTV Ratio
80.0%18
Vacancy Buffer
4.4 mo76
Risk Index
33.8/ 100

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

Comparables

Properties near 36 James Street S 303

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.

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Data last updated within the past 24 hours.