101 Queen Street S 704, Hamilton

$199,000
101 Queen Street S 704

$199,000

New
18d
Condo ApartmentApartment

101 Queen Street S 704, Hamilton

Total Monthly Obligation $2,034

HausQ Valuation Report
Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
18d
Score
19
Yield
10.2%
Cash on Cash
-5.4%
Cap Rate
3.4%
5Y IRR
11.3%
10Y IRR
11.2%
Property Type-Condo Apartment
MLS® Number-X13862006
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 5, 2026
Style-Apartment
Building Type-Condo Apartment
Age-51-99
Taxes-$2,149 (2026)
Maintenance-$852/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Radiant (Other)
Brokerage-KELLER WILLIAMS EDGE REALTY
Cooling-Window Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Dundurn
Title-Residential Condo & Other

No agent assigned

Combine an affordable price point with all-inclusive condo fees, and you have one of the best opportunities in the City. Unique features include a semi-ensuite bathroom, dedicated dining area, sleek stand-up bar, and a bonus enclosed balcony where you will appreciate many beautiful sunsets over the escarpment. Call one of Hamilton's most desirable neighbourhoods "home", with Locke St, parks, hospitals, McMaster, the highway, and several other hidden gems all just minutes away. The well-maintained building offers owned underground parking and locker, a spacious BBQ/picnic area, and a live-in Superintendent for added everyday convenience. An exceptional opportunity in a fantastic location- all that's missing is YOU.

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

Closing Costs

Mortgage Amount
$159,200
Land Transfer Taxes$1,715
Legal Fees (Est.)
$
Total cash required for closing$43,015

Total Monthly Obligation

$2,034/mo
Mortgage $803
Monthly Loss $1,823
Principal$211
Interest$591
Property Tax$179
Condo Fees$852
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.2%0
5-Year IRR
5.5%13
10-Year IRR
8.0%
Returns Index
7.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$20,376/yr
NOI
$3,565/yr
Net Cash Flow
-$506/mo
Cash Margin
-29.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.373
LTV Ratio
80.0%18
Vacancy Buffer
4.7 mo80
Risk Index
33.7/ 100

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

Comparables

Properties near 101 Queen Street S 704

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.