120 Duke Street 1503, Hamilton

$429,900
120 Duke Street 1503

$429,900

New
7d
Condo Apartment1 Storey/Apt

120 Duke Street 1503, Hamilton

Total Monthly Obligation $3,366

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
1200-1399
DOM
7d
Score
17
Yield
7.7%
Cash on Cash
-5.8%
Cap Rate
3.3%
5Y IRR
11.0%
10Y IRR
11.0%
Property Type-Condo Apartment
MLS® Number-X14085562
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 16, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$2,647.29 (2026)
Maintenance-$1,211.19/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE STATE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Roof-Flat
Possession-Flexible
Neighbourhood-Durand
Title-Residential Condo & Other

No agent assigned

This is it! Spacious, beautifully updated, move-in-ready 1,350 sq. ft. corner unit in well maintained, sought after condominium. The expansive open-concept living, dining and kitchen offer south and east exposures for light filled living. Effortless living and entertaining with the updated open kitchen boasting modern finishes, ample cabinetry, and a convenient breakfast bar. The well-thought-out layout offers two generous bedrooms and two full bathrooms. Modern updates throughout mean there is nothing left to do but turn the key and unpack. Beyond the unit, residents enjoy access to a saltwater pool, hot tub, sauna, gym, party room, outdoor BBQ area, and convenient visitor parking. Situated in a vibrant walkable neighborhood close to shopping, parks, all downtown amenities, public transit and GO. A must see!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$343,920
Land Transfer Taxes$5,073
Legal Fees (Est.)
$
Total cash required for closing$92,553

Total Monthly Obligation

$3,366/mo
Mortgage $1,734
Monthly Loss $2,910
Principal$456
Interest$1,278
Property Tax$221
Condo Fees$1,211
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.5%0
5-Year IRR
7.1%19
10-Year IRR
8.8%
Returns Index
10.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$33,084/yr
NOI
$10,194/yr
Net Cash Flow
-$885/mo
Cash Margin
-32.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo47
Risk Index
23.3/ 100

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

Comparables

Properties near 120 Duke Street 1503

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.