212 King William Street 515, Hamilton

$449,900
212 King William Street 515

$449,900

New
25d
Condo ApartmentApartment

212 King William Street 515, Hamilton

Total Monthly Obligation $3,029

Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
25d
Score
18
Yield
6.2%
Cash on Cash
-6.7%
Cap Rate
3.2%
5Y IRR
10.3%
10Y IRR
10.5%
Property Type-Condo Apartment
MLS® Number-X13836998
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Sep 28, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$4,998.73 (2026)
Maintenance-$597.31/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT GOLFI REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete Poured, Other
Roof-Flat
Foundation-Poured Concrete
Possession-Flexible
Neighbourhood-Beasley
Title-Residential Condo & Other

No agent assigned

Welcome to this beautifully appointed 2-bedroom, 2-bathroom residence in a modern condominium building in the heart of Hamilton. Offering approximately 822 sq. ft. of thoughtfully designed living space, this bright suite combines contemporary finishes with a highly functional open-concept layout. The spacious main living area features soaring 9' ceilings and large windows that fill the home with natural light. The stylish kitchen is finished with quartz countertops, tiled backsplash, stainless steel appliances, and ample cabinetry, with direct access to the private balcony-an ideal spot for morning coffee or an evening outdoors. Both bedrooms are generously sized with large windows and excellent closet space, enhanced by custom organizers in every bedroom closet to maximize storage and efficiency. The primary bedroom further enjoys the convenience of its own full ensuite bathroom. In-suite laundry completes the space. Residents enjoy an impressive collection of building amenities, including a rooftop terrace, fitness centre, party room, and concierge service. Ideally located just minutes from St. Joseph's Healthcare and Hamilton General Hospital, with easy access to downtown Hamilton, major highways, public transit, shopping, restaurants, and everyday amenities. Close to HSR stops, parks, recreation centres, and the vibrant Ottawa Street neighbourhood, with convenient access to the QEW and Red Hill Valley Parkway. Includes one underground parking space and internet. A stylish, low-maintenance home in an exceptionally convenient Hamilton location.

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

Closing Costs

Mortgage Amount
$359,920
Land Transfer Taxes$5,473
Legal Fees (Est.)
$
Total cash required for closing$96,953

Total Monthly Obligation

$3,029/mo
Mortgage $1,815
Monthly Loss $2,551
Principal$478
Interest$1,337
Property Tax$417
Condo Fees$597
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.7%0
5-Year IRR
6.7%17
10-Year IRR
8.3%
Returns Index
9.8/ 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
$27,768/yr
NOI
$10,425/yr
Net Cash Flow
-$946/mo
Cash Margin
-40.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo54
Risk Index
25.4/ 100

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

Comparables

Properties near 212 King William Street 515

Time

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