44-36 Margaret Street, Hamilton, ON
Strathcona, Hamilton · MLS® X13227792
About this home
Welcome to the coveted Margaret Street Lofts where you will find the perfect blend of heritage, style, and convenience-this is loft living at its finest. The building itself is a piece of Hamilton history-the city's very first loft conversion by the renowned Valvasori Brothers, once home to a bustling shirt factory. Inside, this rare New York-style loft boats soaring ceilings, exposed brick walls, oversized windows that flood the space with natural light (north-west exposure), and original hardwood floors. The wide-open floor plan gives you freedom to design your space your way-chic gallery-like setup, cozy modern living, or an entertainer's dream. This top-floor unit includes in-suite laundry, a glass fireplace, beautiful views, plus one owned parking space, storage locker, & access to a serene, shared courtyard. Tucked in the heart of Strathcona, you are a block from Victoria Park, with its lush green space, basketball and tennis courts, outdoor pool, & vibrant neighbourhood vibe. Head south & stroll to Locke Street's eclectic shops and trendy restaurants. Find your everyday conveniences along Dundurn or take advantage of the loft's unbeatable proximity to major highways. This boutique building blends urban sophistication with community charm. RSA.
Key facts
- Property type
- Condo Apartment, Loft
- MLS®
- X13227792
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 1200-1399
- Cross streets
- Main St W
- Parking
- 1 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stucco (Plaster)
- Foundation
- Concrete
- Roof
- Flat
- Maintenance
- $880/mo
- Exposure
- North West
- Property tax
- $4,207 / 2025
- Days on market
- 45
- Listing brokerage
- COLDWELL BANKER COMMUNITY PROFESSIONALS
Rooms
4 Pc Bath
Listed at $527,900, this home is tracking about 25% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 89 similar homes nearby, adjusted for size, beds, and baths.Median of 89 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $509K, lower than the comparables and worth a second look.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $524K
- Bedrooms −$30K
- Bathrooms −$15K
- Adjusts to $479K
That comparable adjusts to $479K; the $699K estimate above is the median of all 89 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
On location, this is a very walkable address with everyday errands close by. KING at STRATHCONA is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $699K, median of 89 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Weigh carefully
- Worth verifying
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 26% below the area average of $552/sqft.
30 days longer than the Hamilton average (15 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Strathcona, Hamilton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: KING at STRATHCONA, about 135 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Hamilton.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $422,320 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,254
- Property tax
- $351
- Condo / maintenance fees
- $880
- Heating
- $0
- Estimated monthly cost
- $3,484
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $7,033
- Estimated closing costs
- $7,033
Plus your down payment of $105,580. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $135,219
- Principal paid down
- $53,783
- Interest paid
- $81,437
- Balance remaining
- $368,537
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of COLDWELL BANKER COMMUNITY PROFESSIONALS. MLS®/PropTx.