2373 King Street E 43, Hamilton

$279,900
2373 King Street E 43

$279,900

New
21d
Condo Apartment1 Storey/Apt

2373 King Street E 43, Hamilton

Total Monthly Obligation $1,969

Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
21d
Score
20
Yield
6.8%
Cash on Cash
-4.4%
Cap Rate
3.6%
5Y IRR
12.1%
10Y IRR
11.8%
Property Type-Condo Apartment
MLS® Number-X13856014
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 2, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-51-99
Taxes-$1,766.61 (2025)
Maintenance-$492.97/mo
Locker-Owned
Parking-1 - None
Basement-None
Heating-Radiant (Other)
Brokerage-KELLER WILLIAMS EDGE REALTY
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Other
Roof-Flat
Possession-TBD
Neighbourhood-Glenview
Title-Residential Condo & Other

No agent assigned

Welcome to this bright and stylish 1-bedroom, 1-bathroom condo offering a well-designed and comfortable living space on the fourth floor of a quiet and well-maintained building in East Hamilton. The modern kitchen features quartz countertops, a double undermount sink, and a convenient breakfast bar, seamlessly opening into the living area. Step out onto your private balcony-an ideal spot to enjoy your morning coffee or unwind while taking in the evening sunset. The generously sized bedroom and windows provide an abundance of natural light throughout. Additional features include fresh paint, secure building entry, elevator access, low monthly condo fees, a clean and well-kept on-sitelaundryroom, one dedicated parking space, and a storage locker conveniently located just steps from the unit. The building is surrounded by mature trees and green space, with plenty of visitor parking available. Located just minutes from the Red Hill Valley Parkway, the Lincoln Alexander Parkway, and the QEW, this location is ideal for commuters. Outdoor enthusiasts will appreciate the close proximity to Red Hill BowlPark and direct access to the Red Hill Valley Trail, providing easy opportunities to enjoy nature close to home. A fantastic opportunity for first-time buyers, downsizers, or anyone seeking move-in-ready, low-maintenance living in a connected and welcoming neighbourhood.

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

Closing Costs

Mortgage Amount
$223,920
Land Transfer Taxes$2,674
Legal Fees (Est.)
$
Total cash required for closing$60,154

Total Monthly Obligation

$1,969/mo
Mortgage $1,129
Monthly Loss $1,672
Principal$297
Interest$832
Property Tax$147
Condo Fees$493
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.8%1
5-Year IRR
7.5%21
10-Year IRR
9.0%
Returns Index
11.4/ 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
$19,020/yr
NOI
$7,036/yr
Net Cash Flow
-$543/mo
Cash Margin
-34.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
4.9 mo82
Risk Index
35.1/ 100

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

Comparables

Properties near 2373 King Street E 43

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.