112 King Street E PH5, Hamilton

$679,000
112 King Street E PH5

$679,000

New
7d
Condo ApartmentLoft

112 King Street E PH5, Hamilton

Total Monthly Obligation $5,255

Beds
2
Baths
3
Park
1
Sqft
1400-1599
DOM
7d
Score
13
Yield
4.6%
Cash on Cash
-20.1%
Cap Rate
0.3%
5Y IRR
0.1%
10Y IRR
2.9%
Property Type-Condo Apartment
MLS® Number-X14086812
Beds-2
Bathrooms-3
Size-1400-1599 sqft
Listed on site-Oct 16, 2026
Style-Loft
Building Type-Condo Apartment
Taxes-$12,817.92 (2026)
Maintenance-$1,247.84/mo
Locker-Owned
Parking-1 - None
Basement-None
Heating-Heat Pump (Electric)
Brokerage-RE/MAX ESCARPMENT GOLFI REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Beasley
Title-Residential Condo & Other

No agent assigned

Set within one of Hamilton's most iconic landmarks, this exceptional two-level penthouse at The Royal Connaught pairs history, scale and contemporary design in the heart of the city. Spanning almost 1,500 sq. ft. with 2 bedrooms and 2.5 bathrooms, the residence is defined by dramatic 18-foot ceilings, walls of glass and extraordinary natural light. A sleek contemporary kitchen is anchored by an expansive Caesarstone island and complemented by built-in appliances, while the soaring living space opens to a private balcony with finished decking. The primary suite features an oversized walk-in closet and private 5-piece ensuite. Custom enhancements include expanded closet cabinetry, motorized bedroom curtains, an illuminated built-in bookshelf and professionally sealed flooring and stairs. One underground parking space and 2 private storage lockers are also included. Residents enjoy a rooftop terrace with BBQs, fitness centre, theatre, entertaining lounge, concierge service and the spectacular restored Grand Lobby. Steps from downtown restaurants, cafes, shops and culture, this is a rare opportunity to experience dramatic penthouse living within more than a century of Hamilton history.

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

Closing Costs

Mortgage Amount
$543,200
Land Transfer Taxes$10,055
Legal Fees (Est.)
$
Total cash required for closing$147,355

Total Monthly Obligation

$5,255/mo
Mortgage $2,739
Monthly Loss $4,534
Principal$721
Interest$2,018
Property Tax$1,068
Condo Fees$1,248
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
-0.3%4
Cash-on-Cash
-24.0%0
5-Year IRR
-2.3%1
10-Year IRR
1.8%
Returns Index
1.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
13/ 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
$31,128/yr
NOI
-$2,177/yr
Net Cash Flow
-$2,920/mo
Cash Margin
-112.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
-0.071
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo29
Risk Index
15.8/ 100

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

Comparables

Properties near 112 King Street E PH5

Time

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