1401- 135 James Street, Hamilton
Hamilton
$319,900
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by RE/MAX ROUGE RIVER REALTY LTD.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
50
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,650/mo
Estimated from market price-to-rent ratios
Remarks
Welcome To Beautiful Chateau Royale At 135 James St. A Large 2 Bedroom, 2 Bathroom Corner Unit Located On The 14th Floor With Stunning Clear Views! This Recently Renovated Condo Features A Brand-New Kitchen With Brand-New Stainless Steel Appliances And Beautifully Updated Bathrooms, Offering A Modern And Move-In Ready Living Space. Enjoy An Abundance Of Natural Light Through The Large Windows Throughout The Unit, Along With A Charming Juliette Balcony To Take In The Views. Convenient Ensuite Laundry Adds To The Comfort And Functionality Of This Home. Ideally Situated Close To Restaurants, Entertainment, The Hospital, And McMaster University, This Is An Exceptional Opportunity For Professionals, Students, Downsizers, Or Investors Alike. Whether You're A First-Time Buyer, Student, Investor, Or Looking To Downsize, This Condo Delivers Unmatched Location, And Convenience. Perfect For Anyone Looking To Right-Size Their Life!
MississaugaInvestor.ca
1401- 135 James Street
Condo Apartment · 2bd/2ba · ~1,100 sqft
$319,900
Cash-Flow Report · July 31, 2026
Cap Rate
0.25%
Monthly Cash Flow
-$1,405/mo
Estimated Rent
$1,650/mo
Cash-on-Cash
-24%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,650 |
| Mortgage | −$1,472 |
| Property Tax | −$336 |
| Insurance | −$225 |
| Condo Fee | −$939 |
| Vacancy (5%) | −$83 |
| Cash Flow | -$1,405/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$19,800 |
| Vacancy (5%) | −$990 |
| Property Tax | −$4,031 |
| Insurance | −$2,700 |
| Condo Fee | −$11,268 |
| Annual NOI | $811 |
| Cap Rate | 0.25% |
Cash Required to Close
| Down Payment (20%) | $63,980 |
| Ontario Land Transfer Tax | $3,274 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $70,254 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.