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608 - 112 King Street E
For SaleThe Residences of Royal ConnaughtEst Sell Timeframe 29 Days
$550,000
2 Beds
2 Bath
1 Parking
1,084 SQFT
59 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Cost Per Sqft:
$507/sqft
Maintenance Fees:
$760/mth
Taxes:
$4,897 (2023)
Locker:
Owned
Outdoor Space:
Balcony
Exposure:
South East
Possession Date:
May 22, 2024
Buyer's Market
Balanced
Seller's Market
Maintenance Fees
Included
Parking
Building Maintenance
Excluded
Hydro
Heat
Air Conditioning
Water
Unit Details
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
- Ensuite Laundry
- Yes
Room Dimensions
Prim Bdrm
3 Piece Bath, Walk-in Closet, Hardwood Floor
15.49 x 12.93ft
2nd Bedroom
Closet, Hardwood Floor, Window
13.32 x 9.32ft
Kitchen
Quartz Counter, Stainless Steel Appliances, Backsplash
11.25 x 14.21ft
About this Listing
Look No further!!! This Money Making, Show Stopper is Perfect for Any Investor or Buyer Interested. Perfectly located in the highly sought after area of Downtown Hamilton, Convenient with Schools, Restaurants, Transit, Hospital & more! This unit is enhanced with upgrades, Quartz Counter Tops, Centre Island, Backsplash, Hardwood Floors and so much more! McMaster University just around the corner makes it the perfect investment. Current Minimum Market Rent is $3,300/month.
exp realtyMLS® #X8121126
Amenities
Rooftop Deck
Concierge
Gym Room
Media Room
Indoor Parking
Games Room
Nearby Amenities
9/10
Walkability
Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
8/10
Transit
So frequent, you might accidentally start collecting tickets.
9/10
Bikeability
So many bike racks, your ride will feel like a VIP everywhere.
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
15,709
Average Individual Income
$84,752
Average Household Size
0 persons
Average Age
44
Average Household Income
$123,403
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
59%
Semi Detached
19%
High Rise Apartment
11%
Low Rise Apartment
7%
Duplex
1%
Marital Status
Commute
Languages (Primary Language)
English
90%
Other
7%
Mandarin
2%
Cantonese
1%
Education
University and Above
34%
High School
26%
College
20%
None
11%
Apprenticeship
5%
University Below Batchelor
2%
Major Field of Study
Business Management
18%
Architecture & Engineering
17%
Health & Related Fields
16%
Social Sciences
15%
Humanities
7%
Education
6%
Physical Sciences
5%
Personal, Protective & Transportation Services
4%
Math & Computer Sciences
3%
Visual & Performing Arts
2%
Agriculture & Natural Resources
2%
Price Trends
Building Trends At The Residences of Royal Connaught
Days on Strata
Units at The Residences of Royal Connaught spend an average of
36
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
20%
below
the list price.
Offer Competition
Condos in this building have a
LOWchance of receiving
Multiple Offers
Turnover of Units
On average, each unit is owned for
N/A
Property Value
3%
Increase in property value within the past twelve months
Price Ranking
2nd
Highest price per SQFT out of 28 condos in the Downtown Hamilton area
Sold Units
4
Units were Sold over the past twelve months
Rented Units
9
Units were Rented over the past twelve months
Best Value Rank
The Residences of Royal Connaught offers the best value out of 28 condos in the Downtown Hamilton neighbourhood
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Appreciation Rank
The Residences of Royal Connaught has the highest ROI out of 28 condos in the Downtown Hamilton neighbourhood
?
Rental Yield
The Residences of Royal Connaught yields the highest rent prices out of 28 condos in the Downtown Hamilton neighbourhood
?
High Demand
The Residences of Royal Connaught is the most popular building out of 28 condos in the Downtown Hamilton neighbourhood
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Transaction Insights at 112 King Street E
1 Bed | 1 Bed + Den | 2 Bed | |
---|---|---|---|
Price Range | $485,000 - $495,000 | No Data | $960,000 |
Avg. Cost Per Sqft | $789 | No Data | $923 |
Price Range | $2,150 - $2,500 | $2,200 | $2,349 - $2,999 |
Avg. Wait for Unit Availability | 96 Days | 528 Days | 92 Days |
Avg. Wait for Unit Availability | 115 Days | 591 Days | 197 Days |
Ratio of Units in Building | 45% | 7% | 48% |
Maintenance Fees
The Residences of Royal Connaught vs The Downtown Hamilton Area