Homula Realty Brokerage
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36 Margaret Street 24, Hamilton, ON L8P 4C8

1 bed · 1 bath · 1 kitchen · 4 rooms · 1 parking space · 1200-1399 sq ft · Locker · Laundry in unit · Condo Apartment
$525,000

Utilities includedWater

Also includedBuilding Insurance · Common Elements · Parking

Maintenance fee
$759 / month
Property tax
$4,500 / year
Included in the fee
Building Insurance, Common Elements, Parking, Water

Beautiful New York style loft is just steps away from Hamilton's trendy Locke Street with a variety of restaurants and shops. Over 1100 sq ft with soaring ceiling, huge warehouse style windows, immaculate natural finish hardwood flooring, exposed brick and wood beams. The open concept living/dining grant you complete creative control to layout your space to match your lifestyle. Complete with a gas fireplace. Great space for entertaining! Large Master Bedroom with loads of closet space. Ensuite Laundry. Common patio area. Beautifully maintained property! Easy mountain access and close to both McMaster University and St. Joe's hospital. Just up the street from Victoria Park - known for its lush grassy areas, community basketball, tennis and squash courts. Quick highway access and LRT line on King street. This home shows amazing and offers the perfect urban lifestyle!

MLS number
X13507672
Type
Condo Apartment
Status
Active
Bedrooms
1
Bathrooms
1
Postal code
L8P 4C8
Photos
17
Locker
Yes — Exclusive (locker 6)
Laundry
Ensuite
Included in the fee
Building Insurance, Common Elements, Parking, Water
76days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Colin MacDonald Alternative SchoolElementary306 mNot reported
Strathcona Junior Public School
Hamilton-Wentworth DSB
Elementary437 m8.1 / 10
81% met the standard · 3 of 6 measures
Lyonsgate Montessori SchoolElementary783 mNot reported
Kanétskare Elementary School Middle School
Hamilton-Wentworth DSB
Elementary823 m6.8 / 10
68% met the standard · 3 of 6 measures
St. Joseph Catholic Elementary School
Hamilton-Wentworth CDSB
Elementary890 m7.6 / 10
76% met the standard
Hess Street Junior Public School
Hamilton-Wentworth DSB
Elementary850 m4.5 / 10
45% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Condo Apartments in Hamilton706 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$366k$447k$528k20252026this home’s asking price
$380klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
96%98%100%20252026the asking price
96%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d28d56d20252026
35dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among condo apartments in hamilton. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 618 people.

$53,200Median household income
32.8%Own their home
22.4%Detached houses
45.2Median age
17%Born outside Canada
37.5%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35250407 — the few blocks around this address, home to 618 people. It describes the area, not this property.

618Population
47.3Average age
1.7Household size
$71,500Average household income
$53,200Median household income
33%Own their home
67%Rent
5%Condominiums
17%Born outside Canada
38%University degree
$570,000Average home value
16%Low income
46%Not in the labour force
43%Never married
$10,000 to $14,9991%
$15,000 to $19,9997%
$20,000 to $24,9995%
$25,000 to $29,9994%
$30,000 to $34,9995%
$35,000 to $39,9995%
$40,000 to $44,9994%
$45,000 to $49,9995%
$50,000 to $59,9997%
$60,000 to $69,9994%
$70,000 to $79,9995%
$80,000 to $89,9995%
$90,000 to $99,9995%
$100,000 and over16%
$100,000 to $124,9997%
$125,000 to $149,9994%
$150,000 to $199,9995%
$200,000 and over1%

Percentages are of the 365 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$105,000 · minimum here is $27,500
$2,324.59per month
Borrowed before insurance$420,000
Total borrowed$420,000
Interest over 25 years at 4.5%$277,376

If you rented it out

-$3,458.59per month out of pocket
Rent$0.00
Everything it costs to hold$3,458.59
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by SUTTON GROUP INCENTIVE REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.