301 FRANCES Avenue 1203, Hamilton

$399,990
301 FRANCES Avenue 1203

$399,990

New
7d
Condo ApartmentApartment

301 FRANCES Avenue 1203, Hamilton

Total Monthly Obligation $3,382

HausQ Valuation Report
Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
7d
Score
35
Yield
12.1%
Cash on Cash
10.7%
Cap Rate
6.9%
5Y IRR
24.2%
10Y IRR
21.9%
Property Type-Condo Apartment
MLS® Number-X14088812
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Condo Apartment
Age-31-50
Taxes-$1,331 (2025)
Maintenance-$1,458/mo
Locker-Owned
Parking-1 - Underground
Basement-Apartment
Heating-Forced Air (Electric)
Brokerage-CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Roof-Rolled
Possession-30-60-TBA
Neighbourhood-Lakeshore
Title-Residential Condo & Other

No agent assigned

Welcome to Suite 1203 at 301 Frances Avenue, where generous living space meets resort-style waterfront living. This rare 3-bedroom, 2-bathroom suite offers approximately 1,338 sq. ft. of interior space, oversized principal rooms, large windows and two private balconies showcasing beautiful views of Lake Ontario and the Niagara Escarpment.The functional layout features a spacious living and dining area, an eat-in kitchen, convenient in-suite laundry, excellent storage and a primary bedroom with a walk-in closet and private ensuite. The building offers an impressive selection of amenities, including an outdoor pool, fitness room, sauna, party room, library, workshop, barbecue area and visitor parking. Condo fees include heat, air conditioning, hydro, water, cable and internet.Ideally located near the waterfront, beaches, walking trails, parks, shopping and quick QEW access. A spacious condo with a cottage-like setting-without the cottage traffic!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$319,992
Land Transfer Taxes$4,475
Legal Fees (Est.)
$
Total cash required for closing$85,973

Total Monthly Obligation

$3,382/mo
Mortgage $1,613
Monthly Loss $2,958
Principal$425
Interest$1,189
Property Tax$111
Condo Fees$1,458
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
5.6%45
Cash-on-Cash
3.5%16
5-Year IRR
19.1%89
10-Year IRR
18.4%
Returns Index
51.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
35/ 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
$48,420/yr
NOI
$22,351/yr
Net Cash Flow
$249/mo
Cash Margin
6.2%15
Cash Flow Index
14.6/ 100
Risk Profile
Weight: 20%
DSCR
1.1541
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
34.9/ 100

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

Comparables

Properties near 301 FRANCES Avenue 1203

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.