36 James Street Unit 507, Hamilton

Price: $324,900

1 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: X13110134

Welcome to the historic Ontario Heritage-designated Piggott Building. This iconic 18-storey skyscraper was thoughtfully converted into condominiums in 1996, blending timeless architecture with modern living. Ideally located in the heart of central Hamilton, this residence offers convenient access to public transportation, TD Coliseum, the Dofasco Centre for the Arts, the GO Station, Hamilton Public Library, shopping, dining, and more. Residents enjoy amenities including a party/meeting room and fitness area. The unit features a bright open-concept living and dining space-perfect for first-time buyers or those looking to downsize. It also includes one underground parking space, a storage locker, and in-suite laundry. While centrally located, the building offers a quiet atmosphere the moment you step inside. With transit at your doorstep, a car may not even be necessary. Easy to show!

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$324,900 - 36 James Street Unit 507, Hamilton

Condo for Sale in Hamilton

36 days on market
1Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
X13110134
Property Type
Condo
Status
active
Days on Site
36
Bedrooms
1
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Hamilton
Locker
Owned
Exposure
West
Balcony
None
Listing Brokerage
CRIMSON REALTY POINT INC.
Description

Welcome to the historic Ontario Heritage-designated Piggott Building. This iconic 18-storey skyscraper was thoughtfully converted into condominiums in 1996, blending timeless architecture with modern living. Ideally located in the heart of central Hamilton, this residence offers convenient access to public transportation, TD Coliseum, the Dofasco Centre for the Arts, the GO Station, Hamilton Public Library, shopping, dining, and more. Residents enjoy amenities including a party/meeting room and fitness area. The unit features a bright open-concept living and dining space-perfect for first-time buyers or those looking to downsize. It also includes one underground parking space, a storage locker, and in-suite laundry. While centrally located, the building offers a quiet atmosphere the moment you step inside. With transit at your doorstep, a car may not even be necessary. Easy to show!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,666.91/mo

Includes CMHC insurance ($9,065)

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5-yr fixed avg.

Principal: $292,410Interest: $198,597
Mortgage Amount$301,475
Total Interest$198,597
Est. Property Tax$230/mo
Total Cost$500,072

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: Hamilton

Discover Hamilton

Hamilton 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 Hamilton

  • 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

Hamilton 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 James Street Unit 507, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
3.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$455
Property Tax (est.)-$230
Insurance (est.)-$68
Net Cash Flow+$1,047

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 $464/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.

Market Position

At 36 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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 James Street Unit 507, Hamil… — $324,900 | Battaglia Team