1107 Main Street W 1004, Hamilton

$375,990
1107 Main Street W 1004

$375,990

New
14d
Condo ApartmentApartment

1107 Main Street W 1004, Hamilton

Total Monthly Obligation $1,949

HausQ Valuation Report
Beds
0
Baths
1
Park
0
Sqft
0-499
DOM
14d
Score
24
Yield
5.8%
Cash on Cash
0.7%
Cap Rate
4.7%
5Y IRR
16.1%
10Y IRR
15.1%
Property Type-Condo Apartment
MLS® Number-X14032176
Beds-0
Bathrooms-1
Size-0-499 sqft
Listed on site-Oct 9, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Maintenance-$232.53/mo
Locker-None
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RESIDENTIAL DEVELOPMENT SERVICES INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-Ainslie Wood
Title-Residential Condo & Other

No agent assigned

Welcome to 1107 Main Condos. A 10-Minutes walk to McMaster University & McMaster Children's Hospital. This modern, bright studio is perfect for students, first-time owners or investors! Residents will enjoy exceptional building amenities, including landscaped central courtyard, rooftop terraces with outdoor lounge, dining areas, and BBQs. A fully equipped fitness center, and dedicated concierge service. Public transit at your door and steps away from the future LRT line. Just a 10 minute ride to Hamilton Centre GO Station, 500 meters from McMaster University & Medical Centre, and offers easy access to local parks, schools, libraries, and Highway 403. Complete with in-suite laundry and bulk internet included, this is an incredible opportunity to experience upscale living in a premier Hamilton location. Parking & Locker area available at an additional cost. Property Taxes have not been assessed yet. Occupancy expected for Fall 2027.

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

Closing Costs

Mortgage Amount
$300,792
Land Transfer Taxes$4,115
Legal Fees (Est.)
$
Total cash required for closing$80,813

Total Monthly Obligation

$1,949/mo
Mortgage $1,517
Monthly Loss $1,550
Principal$399
Interest$1,118
Condo Fees$233
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-4.6%3
5-Year IRR
12.0%50
10-Year IRR
12.2%
Returns Index
26.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$21,840/yr
NOI
$14,466/yr
Net Cash Flow
-$311/mo
Cash Margin
-17.1%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.7914
LTV Ratio
80.0%18
Vacancy Buffer
4.9 mo82
Risk Index
38.1/ 100

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

Comparables

Properties near 1107 Main Street W 1004

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

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Data last updated within the past 24 hours.