Agreed, it looks just as bad in person.
The only *somewhat* redeeming part is the restoration of the building on the west side. The rest of the structure is too cold and top-heavy. The street level and main entrance on the western tower is insulting. The two stone 'columns' by the main doors seem like a last-minute grasp for respectability.
Unfortunately, many of the recent Hamilton condo developments have been uninspiring. There are a few smaller sites, like the Templar Lofts, that show some progress.