107 St. Joseph's Drive 208, Hamilton

$212,000
107 St. Joseph's Drive 208

$212,000

New
7d
Co-op Apartment1 Storey/Apt

107 St. Joseph's Drive 208, Hamilton

Total Monthly Obligation $1,458

HausQ Valuation Report
Beds
1
Baths
1
Park
0
Sqft
500-599
DOM
7d
Score
84
Yield
17.4%
Cash on Cash
45.2%
Cap Rate
14.3%
5Y IRR
54.0%
10Y IRR
50.0%
Property Type-Co-op Apartment
MLS® Number-X14088348
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 16, 2026
Style-1 Storey/Apt
Building Type-Co-op Apartment
Age-51-99
Taxes-$1,525.04 (2026)
Maintenance-$276/mo
Locker-Exclusive
Parking-None
Basement-None
Heating-Baseboard (Gas)
Brokerage-ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Roof-Flat
Foundation-Concrete Block
Possession-Immediate
Neighbourhood-Corktown
Title-Residential Condo & Other

No agent assigned

Outstanding value for affordable living at 107 St. Joseph's Drive! Freshly painted and carpet-free, this spacious one-bedroom unit offers bright open-concept living in a friendly co-op building. The generous living and dining areas are ideal for relaxing and entertaining, while the enclosed balcony/solarium features expansive windows that fill the space with natural light. A spacious primary bedroom and three-piece bathroom with tile flooring and a glass-enclosed shower complete the unit. Enjoy abundant closet space throughout plus a storage locker for added convenience.Conveniently located in Hamilton's Corktown neighbourhood, close to St. Joseph's Hospital, Hamilton GO Centre and public transit. Enjoy nearby restaurants and cafés along Augusta Street and James Street South, plus Corktown Park and the Escarpment Rail Trail.Low monthly maintenance fees of just $276 include heat, water and building maintenance. Access to laundry facilities is available for $10/month, with outdoor surface parking available for $20/month.Vacant with flexible closing available. A well-managed building offering excellent value! Board approval is required. Adult-only living.

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

Closing Costs

Mortgage Amount
$169,600
Land Transfer Taxes$1,845
Legal Fees (Est.)
$
Total cash required for closing$45,745

Total Monthly Obligation

$1,458/mo
Mortgage $855
Monthly Loss $1,233
Principal$225
Interest$630
Property Tax$127
Condo Fees$276
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
12.2%96
Cash-on-Cash
34.4%100
5-Year IRR
45.0%100
10-Year IRR
41.7%
Returns Index
99.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeA
84/ 100
Good•Buy

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$36,864/yr
NOI
$25,941/yr
Net Cash Flow
$1,307/mo
Cash Margin
42.5%100
Cash Flow Index
99.6/ 100
Risk Profile
Weight: 20%
DSCR
2.5399
LTV Ratio
80.0%18
Vacancy Buffer
6.2 mo93
Risk Index
70.2/ 100

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

Comparables

Properties near 107 St. Joseph's Drive 208

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.