1 Jarvis Street 614, Hamilton

$329,000
1 Jarvis Street 614

$329,000

New
17d
Condo ApartmentApartment

1 Jarvis Street 614, Hamilton

Total Monthly Obligation $2,231

Bed+Den
2+1
Baths
1
Park
0
Sqft
500-599
DOM
17d
Score
19
Yield
6.1%
Cash on Cash
-6.7%
Cap Rate
3.2%
5Y IRR
10.3%
10Y IRR
10.5%
Property Type-Condo Apartment
MLS® Number-X13872146
Bed+Den-2+1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 6, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$3,784.08 (2025)
Maintenance-$388.34/mo
Locker-None
Parking-None
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX EXCEL TITAN
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-Beasley
Title-Residential Condo & Other

No agent assigned

Don't miss this exceptional opportunity to own a pristine 1-Bedroom + Den apartment in the vibrant Jarvis community! This modern 563 sq. ft. unit features a North-facing exposure and floor-to-ceiling windows that fill the space with abundant natural light. Designed for contemporary living, the suite offers a sleek kitchen with built-in appliances, quartz countertops, and stylish backsplash, complemented by a beautifully finished bathroom with quartz details. The versatile den provides the perfect space for a home office, study area, or additional living space. Enjoy an unbeatable location just minutes from major highways, McMaster University, Hamilton General Hospital, parks, and everyday conveniences. Residents can also take advantage of exceptional building amenities, including a fitness centre, co-working lounge, and convenient retail space at the building's base. Experience the perfect combination of modern comfort, convenience, and vibrant community living. Don't miss your opportunity to make this beautiful apartment your new home!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$263,200
Land Transfer Taxes$3,410
Legal Fees (Est.)
$
Total cash required for closing$70,710

Total Monthly Obligation

$2,231/mo
Mortgage $1,327
Monthly Loss $1,882
Principal$349
Interest$978
Property Tax$315
Condo Fees$388
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.4%0
5-Year IRR
6.3%15
10-Year IRR
8.0%
Returns Index
8.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$20,016/yr
NOI
$7,170/yr
Net Cash Flow
-$730/mo
Cash Margin
-43.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.454
LTV Ratio
80.0%18
Vacancy Buffer
4.3 mo74
Risk Index
32.1/ 100

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

Comparables

Properties near 1 Jarvis Street 614

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.