1702- 75 Queen Street, Hamilton
Hamilton
$524,900
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by MICHAEL ST.JEAN REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
24
Price Drop
3%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,900/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to effortless downtown living! This beautifully updated, fully turnkey 2-bedroom, 1-bath condo on sought-after Queen Street offers the perfect blend of style, comfort, and convenience. Featuring a bright, functional layout with modern finishes throughout, this move-in-ready home is ideal for first-time buyers, professionals, or investors. Enjoy being just steps from trendy restaurants, cafés, parks, shopping, transit, and all the vibrant amenities downtown Hamilton has to offer. Simply unpack and start enjoying your new lifestyle!
MississaugaInvestor.ca
1702- 75 Queen Street
Condo Apartment · 2bd/1ba · ~950 sqft
$524,900
Cash-Flow Report · July 31, 2026
Cap Rate
-0.17%
Monthly Cash Flow
-$2,490/mo
Estimated Rent
$1,900/mo
Cash-on-Cash
-25.99%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,900 |
| Mortgage | −$2,416 |
| Property Tax | −$551 |
| Insurance | −$225 |
| Condo Fee | −$1,103 |
| Vacancy (5%) | −$95 |
| Cash Flow | -$2,490/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$22,800 |
| Vacancy (5%) | −$1,140 |
| Property Tax | −$6,614 |
| Insurance | −$2,700 |
| Condo Fee | −$13,236 |
| Annual NOI | $-890 |
| Cap Rate | -0.17% |
Cash Required to Close
| Down Payment (20%) | $104,980 |
| Ontario Land Transfer Tax | $6,973 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $114,953 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.