36 Margaret Street Unit 21, Hamilton

Price: $479,000

1 bedrooms, 1 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X13490436

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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$479,000 - 36 Margaret Street Unit 21, Hamilton

Condo for Sale in Hamilton

Popular Listing

Neighbourhood: Strathcona

1Beds
1Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X13490436
Property Type
Condo
Status
active
Days on Site
12
Bedrooms
1
Bathrooms
1
Square Feet
1,000 sqft
Neighbourhood
Hamilton
Locker
Exclusive
Exposure
West
Balcony
None
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

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.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,457.52/mo

Includes CMHC insurance ($13,364)

$
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5-yr fixed avg.

Principal: $431,100Interest: $292,791
Mortgage Amount$444,464
Total Interest$292,791
Est. Property Tax$339/mo
Total Cost$737,255

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Strathcona

Discover Strathcona

Strathcona is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Strathcona

  • Convenient location in Hamilton
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Strathcona offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

36 Margaret Street Unit 21, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,960/mo
Range: $1,666 - $2,254
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,960
Maintenance Fees-$650
Property Tax (est.)-$339
Insurance (est.)-$100
Net Cash Flow+$871

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $479/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

About Strathcona

I know Strathcona well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    36 Margaret Street Unit 21, Hamilton | $479,000 | Battaglia Team