212 King William Street 815, Hamilton

$449,900
212 King William Street 815

$449,900

New
7d
Condo Apartment3-Storey

212 King William Street 815, Hamilton

Total Monthly Obligation $3,008

Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
7d
Score
18
Yield
6.4%
Cash on Cash
-5.5%
Cap Rate
3.4%
5Y IRR
11.2%
10Y IRR
11.2%
Property Type-Condo Apartment
MLS® Number-X14087954
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 16, 2026
Style-3-Storey
Building Type-Condo Apartment
Taxes-$4,805.81 (2025)
Maintenance-$593/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Electric)
Brokerage-SOURCE 4 REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-immediate
Neighbourhood-Beasley
Title-Residential Condo & Other

No agent assigned

*Power of Sale* Centrally Located In Hamilton's Downtown Core, This 2 Bedroom, 2 Bathroom Corner Unit In The Newly Built Kiwi Condos Features Over 800 Sq. Ft. Of Functional Living Space. Open Concept Kitchen And Living Area With An Abundance Of Natural Light And Walk-Out To Balcony, Oversized Primary Bedroom With Ensuite, Secondary Bathroom With Shower, Ensuite Laundry. Countless Building Amenities Including Concierge, Fitness and Yoga Studio, Party Room, Bike Storage, Pet Spa, And Rooftop Terrace With BBQs. Desirable Location Close To Major Amenities Including Hamilton GO, Shopping, Restaurants, Hamilton General Hospital And Easy Access To HWY 403.

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

Closing Costs

Mortgage Amount
$359,920
Land Transfer Taxes$5,473
Legal Fees (Est.)
$
Total cash required for closing$96,953

Total Monthly Obligation

$3,008/mo
Mortgage $1,815
Monthly Loss $2,531
Principal$478
Interest$1,337
Property Tax$400
Condo Fees$593
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.6%1
5-Year IRR
7.6%21
10-Year IRR
9.0%
Returns Index
11.6/ 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
$28,668/yr
NOI
$11,479/yr
Net Cash Flow
-$858/mo
Cash Margin
-35.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo54
Risk Index
25.8/ 100

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

Comparables

Properties near 212 King William Street 815

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.