2373 King Street E 17, Hamilton

$309,900
2373 King Street E 17

$309,900

Price Change
135d
Condo Apartment1 Storey/Apt

2373 King Street E 17, Hamilton

Total Monthly Obligation $2,052

Beds
1
Baths
1
Park
2
Sqft
500-599
DOM
135d
Score
18
Yield
5.1%
Cash on Cash
-10.0%
Cap Rate
2.5%
5Y IRR
7.9%
10Y IRR
8.6%
Property Type-Condo Apartment
MLS® Number-X13428754
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Jun 10, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-51-99
Taxes-$1,702 (2026)
Maintenance-$460/mo
Locker-None
Parking-2 - None
Basement-None
Heating-Radiant (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Glenview
Title-Residential Condo & Other

No agent assigned

New Price! Rare Opportunity with 2 Parking Spots at Red Hill Condo! Bright and updated 1 bed, 1 bath unit featuring a spacious 15-ft balcony with partial views. Open-concept eat-in kitchen and living area with modern countertops, stylish backsplash, stainless steel appliances, and California shutters. Updated flooring in living room and bedroom, plus a renovated 4-pc bath. Ample in-suite storage and same-level laundry for added convenience. Includes two exclusive-use parking spaces, a rare and valuable bonus! Ideal for first-time buyers or those seeking a low-maintenance lifestyle. Prime location with easy access to the Red Hill Expressway, major highways, and transit. Move-in ready with modern finishes and unbeatable value. Some photos are virtually staged.

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

Closing Costs

Mortgage Amount
$247,920
Land Transfer Taxes$3,124
Legal Fees (Est.)
$
Total cash required for closing$66,604

Total Monthly Obligation

$2,052/mo
Mortgage $1,250
Monthly Loss $1,723
Principal$329
Interest$921
Property Tax$142
Condo Fees$460
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.6%10
Cash-on-Cash
-15.2%0
5-Year IRR
4.0%8
10-Year IRR
6.3%
Returns Index
5.4/ 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
$16,092/yr
NOI
$4,861/yr
Net Cash Flow
-$845/mo
Cash Margin
-63.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.322
LTV Ratio
80.0%18
Vacancy Buffer
4.7 mo80
Risk Index
33.5/ 100

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

Comparables

Properties near 2373 King Street E 17

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.