50 Murray Street W 403, Hamilton

$539,000
50 Murray Street W 403

$539,000

New
7d
Condo Apartment1 Storey/Apt

50 Murray Street W 403, Hamilton

Total Monthly Obligation $3,291

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
7d
Score
19
Yield
6.0%
Cash on Cash
-4.1%
Cap Rate
3.7%
5Y IRR
12.4%
10Y IRR
12.1%
Property Type-Condo Apartment
MLS® Number-X14089020
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 16, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-11-15
Taxes-$4,100 (2026)
Maintenance-$575/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT GOLFI REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession--
Neighbourhood-Central
Title-Residential Condo & Other

No agent assigned

URBAN LOFT LIVING WITH CHARACTER & STYLE! Welcome to Unit 403 at the sought-after Witton Lofts, a truly unique boutique condominium that beautifully blends historic charm with modern convenience. Originally a historic school, this distinctive building offers an architectural character unlike the ordinary condo. Step inside this spacious 2-bedroom, 1.5-bathroom suite featuring soaring 10-foot ceilings, a bright and inviting layout, and an abundance of natural light. The upgraded kitchen showcases beautiful countertops, stainless steel appliances and a stylish backsplash, while modern finishes add to the appeal. Enjoy the convenience of in-suite laundry, a private balcony and your own personal thermostat and parking space. Residents can also take advantage of the building's outdoor terrace and visitor parking. Ideally located in Hamilton's vibrant North End, you're just steps from the trendy James Street North district, local cafés, restaurants, galleries, shops and the waterfront. Enjoy nearby Bayfront Park, scenic walking trails and convenient access to West Harbour GO Station and major commuter routes. Whether you're a first-time buyer, professional, downsizer or investor, this is an opportunity to enjoy distinctive loft living in one of Hamilton's most character-filled buildings. Experience the perfect blend of history, style and urban convenience!

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$431,200
Land Transfer Taxes$7,255
Legal Fees (Est.)
$
Total cash required for closing$116,555

Total Monthly Obligation

$3,291/mo
Mortgage $2,174
Monthly Loss $2,719
Principal$572
Interest$1,602
Property Tax$342
Condo Fees$575
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.8%1
5-Year IRR
8.9%28
10-Year IRR
9.9%
Returns Index
15.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$32,580/yr
NOI
$15,922/yr
Net Cash Flow
-$847/mo
Cash Margin
-31.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
24.6/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 50 Murray Street W 403

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.