2750 King Street E 103, Hamilton

$489,900
2750 King Street E 103

$489,900

New
29d
Condo Apartment1 Storey/Apt

2750 King Street E 103, Hamilton

Total Monthly Obligation $3,176

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
29d
Score
18
Yield
6.1%
Cash on Cash
-5.5%
Cap Rate
3.4%
5Y IRR
11.2%
10Y IRR
11.2%
Property Type-Condo Apartment
MLS® Number-X13822944
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Sep 24, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$4,936.44 (2026)
Maintenance-$589/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-Bradbury Estate Realty Inc., Brokerage
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-60 days
Neighbourhood-Gershome
Title-Residential Condo & Other

No agent assigned

Welcome to the "Jackson"! Convenient MAIN FLOOR LIVING! 2 bed, 2 bath open concept condo with soaring 9 foot ceilings, floor to ceiling windows that fills the space with a ton of natural light, stone counter tops, stainless steel appliances, modern back splash, large primary room with walk in closet & 4 piece ensuite, additional 3 piece bathroom, and laundry! Enjoy your morning coffee outside on your open terrace. MAIN FLOOR living - perfect for dog owners or those who prefer not to use the elevator or stairs. Quiet building that is immaculately maintained. Directly across from the Hospital Urgent Care Centre, spacious lobby with a concierge for added safety and security, fitness centre, BBQ terrace, guest suite, party room & library. One underground parking space #55 and locker. Close to major highways, hospitals, public transit, and shopping.

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

Closing Costs

Mortgage Amount
$391,920
Land Transfer Taxes$6,273
Legal Fees (Est.)
$
Total cash required for closing$105,753

Total Monthly Obligation

$3,176/mo
Mortgage $1,976
Monthly Loss $2,656
Principal$520
Interest$1,456
Property Tax$411
Condo Fees$589
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.5%1
5-Year IRR
7.7%22
10-Year IRR
9.0%
Returns Index
11.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$30,120/yr
NOI
$12,704/yr
Net Cash Flow
-$917/mo
Cash Margin
-36.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.545
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo51
Risk Index
24.7/ 100

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

Comparables

Properties near 2750 King Street E 103

Time

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Data last updated within the past 24 hours.