75 Queen Street N 2007, Hamilton

$499,900
75 Queen Street N 2007

$499,900

New
22d
Condo Apartment1 Storey/Apt

75 Queen Street N 2007, Hamilton

Total Monthly Obligation $3,624

HausQ Valuation Report
Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
22d
Score
17
Yield
6.8%
Cash on Cash
-7.1%
Cap Rate
3.1%
5Y IRR
10.0%
10Y IRR
10.2%
Property Type-Condo Apartment
MLS® Number-X13846940
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 1, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-31-50
Taxes-$3,353.64 (2026)
Maintenance-$1,128.46/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Baseboard (Electric)
Brokerage-ROYAL LEPAGE STATE REALTY
Cooling-Wall Unit(s)
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Stucco (Plaster), Concrete
Possession-Immediate
Neighbourhood-Strathcona
Title-Residential Condo & Other

No agent assigned

Arguably one of the best-positioned units in the building! Welcome to 2007-75 Queen St N in Hamilton's desirable Strathcona neighborhood. This carpet-free suite features 3 spacious bedrooms (one currently used as a den), 2 full bathrooms, in-suite laundry, and generous living and dining areas. Enjoy spectacular north-west views of West Harbour and evening sunsets from your open balcony with retractable glass panels! All windows replaced 2026! Complete, with an underground parking spot and storage locker, this home offers incredible potential-bring your personal updates and design ideas to truly make it your own! Minutes to Bayfront Park, West Harbour GO, local shops, highway access and downtown! Don't miss this rare high-floor opportunity!

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Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$3,624/mo
Mortgage $2,016
Monthly Loss $3,094
Principal$531
Interest$1,486
Property Tax$279
Condo Fees$1,128
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.1%0
5-Year IRR
6.5%16
10-Year IRR
8.2%
Returns Index
9.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$33,816/yr
NOI
$11,139/yr
Net Cash Flow
-$1,088/mo
Cash Margin
-38.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo43
Risk Index
21.8/ 100

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

Comparables

Properties near 75 Queen Street N 2007

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.

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Data last updated within the past 24 hours.