81 Charlton Avenue E 904, Hamilton

$199,900
81 Charlton Avenue E 904

$199,900

New
7d
Condo ApartmentApartment

81 Charlton Avenue E 904, Hamilton

Total Monthly Obligation $1,881

HausQ Valuation Report
Beds
1
Baths
1
Park
1
Sqft
500-599
DOM
7d
Score
21
Yield
10.1%
Cash on Cash
-1.4%
Cap Rate
4.3%
5Y IRR
14.5%
10Y IRR
13.7%
Property Type-Condo Apartment
MLS® Number-X14087680
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Condo Apartment
Age-51-99
Taxes-$1,572.8 (2026)
Maintenance-$744.09/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Radiant (Other)
Brokerage-MICHAEL ST.JEAN REALTY INC.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick Front
Roof-Flat
Foundation-Concrete
Possession-TBD
Neighbourhood-Corktown
Title-Residential Condo & Other

No agent assigned

Affordable Downtown Hamilton Living with Escarpment Views! Discover exceptional value in this ideally located downtown Hamilton condo! Offering nearly 600 sq. ft. of comfortable living space, this inviting 1-bedroom, 1-bathroom suite features a private balcony, underground parking, and a dedicated locker.Enjoy the convenience of being just minutes from St. Joseph's Healthcare Hamilton, the GO Station, downtown shopping, restaurants, and everyday amenities. Located in a great neighbourhood, this condo is perfect for first-time buyers, professionals, downsizers, or investors. The updated kitchen and bathroom, along with easy-care laminate and tile flooring, make this home move-in ready. Step out onto your balcony and take in the beautiful escarpment views! Even better, the reasonable monthly condo fee includes heat, water, building insurance, and parking, making everyday living that much easier.Fantastic location. Great amenities. Exceptional value. This is an opportunity you won't want to miss! Book your showing today and discover the possibilities of downtown Hamilton living.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$159,920
Land Transfer Taxes$1,724
Legal Fees (Est.)
$
Total cash required for closing$43,204

Total Monthly Obligation

$1,881/mo
Mortgage $806
Monthly Loss $1,669
Principal$212
Interest$594
Property Tax$131
Condo Fees$744
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.1%1
5-Year IRR
8.6%26
10-Year IRR
10.1%
Returns Index
14.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$20,280/yr
NOI
$5,350/yr
Net Cash Flow
-$360/mo
Cash Margin
-21.3%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
5.1 mo84
Risk Index
36.1/ 100

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

Comparables

Properties near 81 Charlton Avenue E 904

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.