802 King Street W 2, Hamilton

$199,000
802 King Street W 2

$199,000

New
7d
Co-op ApartmentApartment

802 King Street W 2, Hamilton

Total Monthly Obligation $1,393

HausQ Valuation Report
Beds
1
Baths
1
Park
0
Sqft
0-499
DOM
7d
Score
33
Yield
9.6%
Cash on Cash
9.6%
Cap Rate
6.7%
5Y IRR
23.3%
10Y IRR
21.1%
Property Type-Co-op Apartment
MLS® Number-X14087876
Beds-1
Bathrooms-1
Size-0-499 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Co-op Apartment
Age-51-99
Taxes-$1,078.56 (2026)
Maintenance-$300/mo
Locker-None
Parking-None
Basement-Full, Unfinished
Heating-Radiant (Gas)
Brokerage-MICHAEL ST.JEAN REALTY INC.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Block
Possession-Flexible
Neighbourhood-Westdale
Title-Residential Condo & Other

No agent assigned

Enjoy comfortable, low-maintenance living in the heart of prime Westdale! This well-located 1-bedroom, 1-bathroom co-operative features an open-concept living space with a practical, well-designed layout that makes the most of every square foot. Shops, restaurants, grocery stores, public transit, and schools are all just steps away. Minutes to McMaster University and McMaster University Medical Centre, and within walking distance of McMaster Innovation Park, this location is ideal for those seeking everyday convenience. Enjoy direct access to Highway 403 for easy commuting, along with the scenic trails and natural beauty of Cootes Paradise and Princess Point. Situated in a well-maintained building with low monthly maintenance fees, this is an excellent opportunity to enjoy affordable living in one of Hamilton's most sought-after locations!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$159,200
Land Transfer Taxes$1,715
Legal Fees (Est.)
$
Total cash required for closing$43,015

Total Monthly Obligation

$1,393/mo
Mortgage $803
Monthly Loss $1,181
Principal$211
Interest$591
Property Tax$90
Condo Fees$300
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
5.1%39
Cash-on-Cash
1.1%10
5-Year IRR
16.9%81
10-Year IRR
16.4%
Returns Index
44.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
33/ 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
$19,092/yr
NOI
$10,104/yr
Net Cash Flow
$39/mo
Cash Margin
2.5%8
Cash Flow Index
7.5/ 100
Risk Profile
Weight: 20%
DSCR
1.0531
LTV Ratio
80.0%18
Vacancy Buffer
6.8 mo95
Risk Index
48.2/ 100

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

Comparables

Properties near 802 King Street W 2

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.

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

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Data last updated within the past 24 hours.