112 King Street E 1006, Hamilton

$399,900
112 King Street E 1006

$399,900

New
8d
Condo Apartment1 Storey/Apt

112 King Street E 1006, Hamilton

Total Monthly Obligation $2,932

Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
8d
Score
18
Yield
7.2%
Cash on Cash
-5.0%
Cap Rate
3.5%
5Y IRR
11.6%
10Y IRR
11.5%
Property Type-Condo Apartment
MLS® Number-X14084260
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 15, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$4,639 (2026)
Maintenance-$732.15/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Gas)
Brokerage-RE/MAX ESCARPMENT GOLFI REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Roof-Asphalt Rolled
Foundation-Concrete
Possession--
Neighbourhood-Beasley
Title-Residential Condo & Other

No agent assigned

Welcome to 112 King St. E, Hamilton, Unit 1006 - a stunning 2-bedroom, 2-bathroom condo that offers modern urban living at its finest. Situated on the 10th floor, this unit boasts breathtaking views of downtown Hamilton. Enjoy the convenience of in-suite laundry and an ensuite bathroom, along with one underground parking spot and a locker on the same floor. Perfectly located, you're just steps away from two GO stations, public transportation, schools, and shopping. This well-appointed building includes amenities such as a concierge, exercise room, games room, media room, party room, rooftop deck/garden, security guard, and security system. BBQs are permitted, making it ideal for entertaining. All appliances are included in the sale, making this move-in ready home an exceptional value.

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

Closing Costs

Mortgage Amount
$319,920
Land Transfer Taxes$4,474
Legal Fees (Est.)
$
Total cash required for closing$85,954

Total Monthly Obligation

$2,932/mo
Mortgage $1,613
Monthly Loss $2,507
Principal$424
Interest$1,189
Property Tax$387
Condo Fees$732
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.6%1
5-Year IRR
7.7%22
10-Year IRR
9.2%
Returns Index
11.9/ 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
$28,920/yr
NOI
$10,203/yr
Net Cash Flow
-$763/mo
Cash Margin
-31.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo56
Risk Index
26.3/ 100

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

Comparables

Properties near 112 King Street E 1006

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.