150 Charlton Avenue 1201, Hamilton

$222,000
150 Charlton Avenue 1201

$222,000

New
3d
Condo Apartment1 Storey/Apt

150 Charlton Avenue 1201, Hamilton

Total Monthly Obligation $1,955

Beds
1
Baths
1
Park
0
Sqft
0-499
DOM
3d
Score
19
Yield
8.5%
Cash on Cash
-5.6%
Cap Rate
3.4%
5Y IRR
11.1%
10Y IRR
11.1%
Property Type-Condo Apartment
MLS® Number-X14099734
Beds-1
Bathrooms-1
Size-0-499 sqft
Listed on site-Oct 20, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-16-30
Taxes-$1,728.56 (2026)
Maintenance-$715.66/mo
Locker-None
Parking-Underground
Basement-None
Heating-Water (Gas)
Brokerage-SUTTON GROUP - SUMMIT REALTY INC.
Cooling-Window Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-IMMEDIATE
Neighbourhood-Corktown
Title-Residential Condo & Other

No agent assigned

Welcome to The Olympia, where modern updates meet breathtaking lake views! This beautifully upgraded 1 bedroom condo is truly move-in ready and offers the perfect blend of comfort and convenience. The bright and spacious bedroom features a large window that fills the space with natural light, along with a walk-in closet for ample storage. The stylish 4 piece bathroom has been tastefully updated, complementing the upgraded kitchen with modern finishes and enhanced functionality. Enjoy upgraded flooring and contemporary light fixtures throughout, creating a fresh and inviting atmosphere. Step outside to the generous open balcony and take in stunning views of the lake - the perfect place to enjoy your morning coffee or unwind after a long day. Whether you're a first time home buyer, downsizer, or investor, this beautifully maintained condo offers exceptional value in a desirable Hamilton location. Just unpack and enjoy everything the Olympia has to offer.

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

Closing Costs

Mortgage Amount
$177,600
Land Transfer Taxes$1,945
Legal Fees (Est.)
$
Total cash required for closing$47,845

Total Monthly Obligation

$1,955/mo
Mortgage $895
Monthly Loss $1,720
Principal$236
Interest$660
Property Tax$144
Condo Fees$716
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.4%0
5-Year IRR
5.9%14
10-Year IRR
8.0%
Returns Index
8.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$18,972/yr
NOI
$4,358/yr
Net Cash Flow
-$532/mo
Cash Margin
-33.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.413
LTV Ratio
80.0%18
Vacancy Buffer
4.9 mo82
Risk Index
34.6/ 100

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

Comparables

Properties near 150 Charlton Avenue 1201

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.