112 King Street E 401, Hamilton

$319,900
112 King Street E 401

$319,900

New
7d
Condo ApartmentApartment

112 King Street E 401, Hamilton

Total Monthly Obligation $2,488

Beds
1
Baths
2
Park
1
Sqft
700-799
DOM
7d
Score
18
Yield
7.4%
Cash on Cash
-6.0%
Cap Rate
3.3%
5Y IRR
10.8%
10Y IRR
10.9%
Property Type-Condo Apartment
MLS® Number-X14090158
Beds-1
Bathrooms-2
Size-700-799 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$4,095.52 (2026)
Maintenance-$656.74/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Other)
Brokerage-ONE PERCENT REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Other
Possession-flexible
Neighbourhood-Beasley
Title-Residential Condo & Other

No agent assigned

Welcome to the Residences of the Royal Connaught, where timeless elegance meets contemporary urban living. Located within one of Hamilton's most celebrated historic landmarks, this beautifully designed one-bedroom condominium offers approximately 701 sq. ft. of comfortable living space. The open-concept design features a modern kitchen overlooking the living area, creating an inviting space for relaxing or entertaining. The primary bedroom includes a private three-piece ensuite, while an additional powder room provides convenience for guests. In-suite laundry, one underground parking space, and a storage locker complete this attractive package. Beyond your suite, discover an extraordinary collection of amenities, including 24-hour concierge service, a fitness centre, theatre room, party room, and rooftop terrace with BBQ facilities. From the grand entrance to the elegant common areas, the Royal Connaught offers an atmosphere of sophistication rarely found in modern condominium developments. Enjoy the convenience of downtown Hamilton, with dining, shopping, cultural attractions, parks, and transit all within easy reach. An exceptional opportunity to enjoy modern condominium living surrounded by more than a century of architectural history.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$255,920
Land Transfer Taxes$3,274
Legal Fees (Est.)
$
Total cash required for closing$68,754

Total Monthly Obligation

$2,488/mo
Mortgage $1,290
Monthly Loss $2,149
Principal$340
Interest$951
Property Tax$341
Condo Fees$657
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.2%0
5-Year IRR
6.6%16
10-Year IRR
8.4%
Returns Index
9.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$23,832/yr
NOI
$7,072/yr
Net Cash Flow
-$701/mo
Cash Margin
-35.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo67
Risk Index
29.6/ 100

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

Comparables

Properties near 112 King Street E 401

Time

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