350 Quigley Road 741, Hamilton

$299,999
350 Quigley Road 741

$299,999

New
3d
Condo Apartment2-Storey

350 Quigley Road 741, Hamilton

Total Monthly Obligation $2,241

Beds
3
Baths
1
Park
1
Sqft
1000-1199
DOM
3d
Score
33
Yield
10.4%
Cash on Cash
9.1%
Cap Rate
6.5%
5Y IRR
22.9%
10Y IRR
20.7%
Property Type-Condo Apartment
MLS® Number-X14101366
Beds-3
Bathrooms-1
Size-1000-1199 sqft
Listed on site-Oct 20, 2026
Style-2-Storey
Building Type-Condo Apartment
Age-51-99
Taxes-$2,008.83 (2026)
Maintenance-$663.65/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Baseboard (Other)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Other
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-FLEX
Neighbourhood-Vincent
Title-Residential Condo & Other

No agent assigned

Welcome to this beautifully updated two-storey condo offering the space and feel of a townhome with the convenience of condominium living. This move-in-ready home has been extensively refreshed, featuring brand-new flooring throughout, a completely new kitchen with brand new never-used appliances (warranty included) fresh paint, a fully renovated bathroom, and new lighting and fixtures throughout. As you enter the main level, the updated kitchen is conveniently located to the left and includes a hookup for a stackable washer and dryer. Continue through to the oversized living room with plenty of room for a comfortable dining area. Sliding patio doors lead to a large private balcony where you can enjoy peaceful surroundings, beautiful views of the escarpment and nearby trails. An added bonus-you can see your designated parking space from the balcony. The upper level offers three well-proportioned bedrooms and a beautifully renovated four-piece bathroom. The spacious primary bedroom provides a comfortable retreat, while the additional bedrooms offer excellent flexibility for family, guests, a home office, study or hobby room. The unit comes with a designated parking spot, a large storage locker and bicycle storage. Residents enjoy a variety of amenities, including community gardens, outdoor BBQ areas, covered basketball courts, party/entertainment room and day care service. Ideally located in Hamilton's east end close to parks, walking trails, golf, shopping and easy access to the Red Hill, Linc and QEW.

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

Closing Costs

Mortgage Amount
$239,999
Land Transfer Taxes$2,975
Legal Fees (Est.)
$
Total cash required for closing$64,475

Total Monthly Obligation

$2,241/mo
Mortgage $1,210
Monthly Loss $1,923
Principal$318
Interest$892
Property Tax$167
Condo Fees$664
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
5.2%40
Cash-on-Cash
1.7%11
5-Year IRR
17.5%84
10-Year IRR
16.9%
Returns Index
46.0/ 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
$31,092/yr
NOI
$15,610/yr
Net Cash Flow
$91/mo
Cash Margin
3.5%9
Cash Flow Index
9.1/ 100
Risk Profile
Weight: 20%
DSCR
1.0733
LTV Ratio
80.0%18
Vacancy Buffer
4.2 mo73
Risk Index
41.3/ 100

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

Comparables

Properties near 350 Quigley Road 741

Time

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Data last updated within the past 24 hours.