836 CONCESSION Street 309, Hamilton

$289,000
836 CONCESSION Street 309

$289,000

New
17d
Condo Apartment1 Storey/Apt

836 CONCESSION Street 309, Hamilton

Total Monthly Obligation $2,110

HausQ Valuation Report
Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
17d
Score
20
Yield
7.1%
Cash on Cash
-4.5%
Cap Rate
3.6%
5Y IRR
12.0%
10Y IRR
11.8%
Property Type-Condo Apartment
MLS® Number-X13868384
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 6, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-51-99
Taxes-$1,962.11 (2026)
Maintenance-$580.98/mo
Locker-Exclusive
Parking-1 - None
Basement-None
Heating-Radiant (Gas)
Brokerage-RE/MAX ESCARPMENT GOLFI REALTY INC.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Roof-Flat
Foundation-Poured Concrete
Possession-FLEXIBLE
Neighbourhood-Raleigh
Title-Residential Condo & Other

No agent assigned

Beautiful sun-filled corner condo unit in a prime Hamilton Mountain location step from Juravinski Hospital & all that trendy Concession St has to offer. Bright & move-in ready, this unit features an open concept layout w/ generous living room w/ hardwood flooring, dining area w/ accent wall, modern kitchen w/ ample cabinetry & newer appliances. The spacious bedroom provides plenty of closet space & 4pc bath completes the comfortable living space. Enjoy the convenience of an exclusive parking space & locker, w/ laundry located in building. Heat & water included in maintenance fees, owner responsible only for hydro & internet-making this an affordable option. Perfect for first-time buyers, downsizers, professionals or investors looking for a desirable Hamilton location. Steps to shopping, restaurants, schools, transit & Juravinski Hospital w/ easy highway access & beautiful escarpment trails & parks. A fantastic opportunity to enjoy comfortable condo living in location that has it all!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$231,200
Land Transfer Taxes$2,810
Legal Fees (Est.)
$
Total cash required for closing$62,110

Total Monthly Obligation

$2,110/mo
Mortgage $1,166
Monthly Loss $1,803
Principal$307
Interest$859
Property Tax$164
Condo Fees$581
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.9%1
5-Year IRR
7.5%20
10-Year IRR
9.0%
Returns Index
11.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$20,580/yr
NOI
$7,188/yr
Net Cash Flow
-$567/mo
Cash Margin
-33.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
4.6 mo78
Risk Index
33.6/ 100

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

Comparables

Properties near 836 CONCESSION Street 309

Time

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