237 King Street W, Cambridge

$375,000
237 King Street W

$375,000

Price Change
23d
Condo ApartmentApartment

237 King Street W, Cambridge

Total Monthly Obligation $2,686

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
23d
Score
20
Yield
7.4%
Cash on Cash
-3.2%
Cap Rate
3.9%
5Y IRR
13.0%
10Y IRR
12.6%
Property Type-Condo Apartment
MLS® Number-X13843272
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Sep 30, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,076.29 (2026)
Maintenance-$800/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Gas)
Brokerage-RE/MAX TWIN CITY REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Roof-Flat
Foundation-Concrete
Possession-Flexible
Title-Residential Condo & Other

No agent assigned

Welcome to Unit 402, a bright and beautifully maintained condo offering impressive views, abundant natural light and two outdoor balconies. The updated kitchen has a fresh, modern feel and flows into the spacious living area, where large windows create an inviting space to relax or entertain while taking in the scenery.The primary bedroom features a 5-piece ensuite with double sinks, while the second bedroom is conveniently located near an additional 4-piece bathroom, making it ideal for guests, a home office or flexible living space. In-suite laundry adds everyday convenience.This well-maintained building offers an excellent selection of amenities, including an indoor pool, fitness centre, party room, sewing room, hobby room and kitchenette. Complete with one parking space and a storage locker, Unit 402 offers comfortable, low-maintenance living in a convenient Cambridge location close to shopping, restaurants, trails and everyday amenities.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$300,000
Land Transfer Taxes$4,100
Legal Fees (Est.)
$
Total cash required for closing$80,600

Total Monthly Obligation

$2,686/mo
Mortgage $1,513
Monthly Loss $2,288
Principal$398
Interest$1,115
Property Tax$173
Condo Fees$800
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-9.0%1
5-Year IRR
8.9%28
10-Year IRR
10.1%
Returns Index
15.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$27,720/yr
NOI
$10,872/yr
Net Cash Flow
-$607/mo
Cash Margin
-26.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo61
Risk Index
28.8/ 100

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

Comparables

Properties near 237 King Street W

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.