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Price Change$479,000

21 - 36 Margaret Street

Strathcona, Hamilton

$449,900

Condo Apartment |
1 | 1 | 1 | 1
About this home

Welcome home at the Margaret Street Lofts in the beloved Strathcona neighbourhood! This inviting 2nd floor 1-bedroom + den loft is located in a beautifully converted factory building, offering authentic character and a warm, homey feel. Soaring 12+ ft ceilings, exposed brick walls, large windows, carpet-free unit and a desirable north-east corner exposure creates a bright yet cozy home to relax in, entertain, cook, or work from home. The open-concept layout features a kitchen with new stainless steel appliances, refinished cabinetry, and a 3-seat island, flowing into a dining area large enough for a full-sized dining set. A unique loft-style den is perfect as a home office, reading nook, kids' play area, creative retreat or storage. Enjoy the comfort and convenience of a gas fireplace, in-suite laundry, room for full-sized furniture, oversized closets, a storage locker, and one surface parking space. Walk to Victoria Park, Locke Street's popular shops and restaurants, Fortinos, and downtown Hamilton. Quiet, welcoming, and full of character, this loft (1 of only 14 units) is ideal for young professionals, small families, down sizers, or savvy investors seeking something truly special.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$880
LockerExclusive
BalconyNone
ExposureWest
Parking TypeNone
Parking Spaces1
Parking FeaturesSurface, Reserved/Assigned
Property Tax$4,158
mls© NumberX13490436
Listed ByRE/MAX ESCARPMENT REALTY INC.
Water Included
Building Insurance Included
Common Elements Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,303
Property tax
$346
Heat allowance
$150
Condo fees, half counted
$440
Housing costs
$3,239 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $89,980
25-yr amortization

Income needed

$100,000

gross annual household income

Payment at 4%
$1,893 / mo
Cash down
$89,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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