30 Harrisford Street 405, Hamilton

$380,000
30 Harrisford Street 405

$380,000

Price Change
274d
Condo Apartment1 Storey/Apt

30 Harrisford Street 405, Hamilton

Total Monthly Obligation $2,619

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
274d
Score
23
Yield
8.0%
Cash on Cash
1.1%
Cap Rate
4.8%
5Y IRR
16.4%
10Y IRR
15.3%
Property Type-Condo Apartment
MLS® Number-X12720598
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Jan 22, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$3,018 (2025)
Maintenance-$635.11/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Baseboard (Electric)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Window Unit(s)
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Concrete Block
Possession-Flexible
Neighbourhood-Red Hill
Title-Residential Condo & Other

No agent assigned

Welcome to 30 Harrisford Street, Unit #405 - a bright and spacious 2-bedroom, 2-bathroom condo located in the highly desirable Red Hill neighbourhood of Hamilton. This well-maintained suite features large windows with eastern exposure, filling the home with natural light and offering tranquil garden views. The open-concept living and dining area is styled in fresh neutral tones, creating a warm and inviting space for everyday living or entertaining. T he kitchen is designed with both function and style in mind, offering granite countertops, stainless steel appliances (approx. 2.5 years old), and a generous pantry. The primary bedroom retreat includes a walk-in closet and a private ensuite bathroom, while the added convenience of in-suite laundry enhances everyday comfort. Residents enjoy access to premium amenities including a fully equipped exercise room, indoor saltwater pool, sauna, library, party room, workshop, games room, pickleball/tennis court, and even a carwash and vacuum station. Additional highlights include a secure underground parking space, large storage locker, 6 appliances, and a window A/C unit. With easy access to the Red Hill Valley Parkway, commuting and exploring the city has never been more convenient.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$304,000
Land Transfer Taxes$4,175
Legal Fees (Est.)
$
Total cash required for closing$81,675

Total Monthly Obligation

$2,619/mo
Mortgage $1,533
Monthly Loss $2,216
Principal$403
Interest$1,129
Property Tax$252
Condo Fees$635
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-4.9%2
5-Year IRR
12.1%51
10-Year IRR
12.5%
Returns Index
26.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$30,456/yr
NOI
$14,371/yr
Net Cash Flow
-$335/mo
Cash Margin
-13.2%0
Cash Flow Index
0.4/ 100
Risk Profile
Weight: 20%
DSCR
0.7813
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo63
Risk Index
31.4/ 100

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

Comparables

Properties near 30 Harrisford Street 405

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.

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Data last updated within the past 24 hours.