966 Queenston Road 203, Hamilton

$349,900
966 Queenston Road 203

$349,900

New
15d
Condo Apartment1 Storey/Apt

966 Queenston Road 203, Hamilton

Total Monthly Obligation $2,690

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
15d
Score
21
Yield
8.4%
Cash on Cash
-1.3%
Cap Rate
4.3%
5Y IRR
14.6%
10Y IRR
13.8%
Property Type-Condo Apartment
MLS® Number-X13876422
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 8, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-31-50
Taxes-$2,840 (2026)
Maintenance-$842.02/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Electric)
Brokerage-ROYAL LEPAGE STATE REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Foundation-Poured Concrete
Possession-Immediate
Neighbourhood-Stoney Creek
Title-Residential Condo & Other

No agent assigned

Wake up to peaceful views and enjoy the simplicity of condo living in this spacious 2-bedroom suite nestled in one of Stoney Creek's most convenient locations. Featuring a bright, open layout with large windows, this carpet-free home provides comfortable living with generous principal rooms and the convenience of in-suite laundry. Step outside onto your private balcony to relax and soak in the tranquil surroundings. This well-managed building is ideal for those looking to downsize without compromise, featuring an easily accessible parking spot, a storage locker, rooftop lookout patio and an unbeatable walkable location just moments from shopping, restaurants, medical services, banking, transit, and all everyday amenities. A wonderful opportunity to enjoy low-maintenance living in a mature, established community.

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

Closing Costs

Mortgage Amount
$279,920
Land Transfer Taxes$3,724
Legal Fees (Est.)
$
Total cash required for closing$75,204

Total Monthly Obligation

$2,690/mo
Mortgage $1,411
Monthly Loss $2,319
Principal$371
Interest$1,040
Property Tax$237
Condo Fees$842
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.6%1
5-Year IRR
10.1%36
10-Year IRR
11.1%
Returns Index
19.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$29,520/yr
NOI
$11,224/yr
Net Cash Flow
-$476/mo
Cash Margin
-19.4%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo61
Risk Index
29.3/ 100

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

Comparables

Properties near 966 Queenston Road 203

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.