112 King Street E 607, Hamilton

$349,999
112 King Street E 607

$349,999

New
8d
Condo Apartment1 Storey/Apt

112 King Street E 607, Hamilton

Total Monthly Obligation $2,774

Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
8d
Score
19
Yield
8.3%
Cash on Cash
-3.4%
Cap Rate
3.9%
5Y IRR
12.9%
10Y IRR
12.5%
Property Type-Condo Apartment
MLS® Number-X14081182
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 15, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-6-10
Taxes-$5,013 (2026)
Maintenance-$744.27/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Fan Coil (Other)
Brokerage-Bradbury Estate Realty Inc., Brokerage
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Stone, Brick
Possession-Flexible
Neighbourhood-Beasley
Title-Residential Condo & Other

No agent assigned

Come see this Sweet Suite in Hamilton's Historic "The Residences of Royal Connaught". Featuring 2 Extra Large BR, 2 Full Baths, 9 Ft. + Ceilings, Granite Counters, GE Premium Stainless Steel Kitchen Appliance Package, In-Suite Laundry, Floor to Ceiling Windows with Custom Shades, Wide-plank Laminate Flooring, LED/Pot Lighting, an Underground Parking Spot and a Storage Locker on the same floor. That's Value! This building is synonymous with the best of The Hammer's history. With full access to the two-storey Lobby at 118 King St. with original Marble/Limestone Floors (1916) and ornate columns. Modern conveniences and shared building amenities include 24 Hour Security/Concierge, the 4th Floor Skydeck Patio, Gym, Theatre and Party Rooms, Business Centre, Main Lobby Cafe and Starbucks at your front door. Walking distance to the new TD Coliseum, Restaurants, Shopping and the best of the Arts Community. For commuters, there's both the Hunter and Harbourfront GO Stations, along with terrific highway access. The renaissance of Hamilton's Downtown is underway, and the Connaught is at the heart of it all.

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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$279,999
Land Transfer Taxes$3,725
Legal Fees (Est.)
$
Total cash required for closing$75,225

Total Monthly Obligation

$2,774/mo
Mortgage $1,412
Monthly Loss $2,402
Principal$372
Interest$1,040
Property Tax$418
Condo Fees$744
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.6%1
5-Year IRR
8.6%26
10-Year IRR
9.9%
Returns Index
14.2/ 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
$28,920/yr
NOI
$9,684/yr
Net Cash Flow
-$605/mo
Cash Margin
-25.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo59
Risk Index
27.8/ 100

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

Comparables

Properties near 112 King Street E 607

Time

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