302-112 King Street, Hamilton, ON

Beasley, Hamilton · MLS® X13469030

$299,900
For Sale
Listed 28 days ago
1Bedrooms
1Bathrooms
1Garage
500-599Sq Ft

About this home

Luxury living in Hamilton's iconic Residences of Royal Connaught - historic hotel conversion offering restored original architecture mixed with many modern amenities. This north-facing 1 bedroom, 1 bathroom executive unit is loaded with features including 9 foot ceilings, 8 foot doors, upgraded lighting fixtures throughout, a gorgeous kitchen with stainless steel appliances/quartz countertops/breakfast bar peninsula with seating for 2, a spacious primary bedroom with an oversized closet, a 4 piece bathroom, in-suite laundry, conveniently located storage locker (Locker #34 - Level 4), 1 underground parking spot (Parking #20 - Level 4 ***rare find as parking is on the same level as this unit) & more. Enjoy the many amenities that this building has to offer including an on-site gym, theatre room, party room, terrace with outdoor fireplaces, loungers & access to communal barbecues, 24-hour security & more. Centrally located in the heart of Downtown Hamilton with easy access to shops, restaurants, parks, public transit, GoTransit, major transportation routes, hospitals, McMaster University, Mohawk College, the waterfront & more. Excellent opportunity - don't miss out.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
X13469030
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
John Street South
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Roof
Other
Maintenance
$589/mo
Exposure
North South
Property tax
$3,722 / 2026
Days on market
28
Listing brokerage
ROYAL LEPAGE STATE REALTY

Rooms

Living RoomMain5.00 × 3.75 m
BathroomMain2.43 × 2.41 m

4 Pc Bath

BedroomMain3.68 × 2.98 m
KitchenMain3.96 × 2.45 m
LaundryMain0.00 × 0.00 m
FoyerMain0.00 × 0.00 m
Moe’s TakeTeam Asgarian · Broker
In line
$264Kest. value

Listed at $299,900, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Beasley, so I widened the search to the surrounding area.

Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $403K, higher than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $380K
  • Size difference −$55K
  • Adjusts to $325K

That comparable adjusts to $325K; the $264K estimate above is the median of all 8 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On location, this is a very walkable address with everyday errands close by. KING at CATHARINE is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$210KGreat deal$325KOverpriced

Total price vs nearby homes. Fair value about $264K, median of 8 comparables.

Comparable listingsCurrently listed nearby in Beasley · asking prices
$315kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

105-11 Rebecca Street$300k202-11 Rebecca Street$265k418-212 King Street$380k

The 3 closest active listings nearby.

See all comparable homes
300kThis home300k265k380kThis home vs active comparables
Live market pulseActive comparables in Beasley · median list $360K
$546this home / sqft
5active listings nearby
28days on market

This home lists 9% above the area average of $500/sqft.

13 days longer than the Hamilton average (15 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Beasley, Hamilton, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

84/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: KING at CATHARINE, about 94 m away

20+ transit stops11 grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Corktown
$296K
Central
$390K
Durand
$400K
Strathcona
$525K
Ainslie Wood
$361K

Typical asking price of active listings of the same type, per area (outliers removed). Hamilton.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$1,367/mo
$78KIncome needed
3.9×Price ÷ income
$315Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

60%mortgage
Mortgage $1,367Property tax $310Condo fee $589Total carry $2,266

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,280per month

Mortgage amount $239,920 · 4.14% over 25 years

$59,980Down payment (20.0%)
$239,920Loan before insurance
$0CMHC premium
$2,179Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,280
Property tax
$310
Condo / maintenance fees
$589
Heating
$0
Estimated monthly cost
$2,179

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$2,974
Estimated closing costs
$2,974

Plus your down payment of $59,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$1,555/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$144,171Total interest paid
$384,091Total of all payments
Principal $239,920 Interest $144,171
YearPrincipalInterestBalance
1$5,620$9,743$234,300
2$5,856$9,508$228,444
3$6,101$9,263$222,343
4$6,356$9,008$215,988
5$6,622$8,742$209,366
6$6,899$8,465$202,468
7$7,187$8,177$195,281
8$7,488$7,876$187,793
9$7,801$7,563$179,992
10$8,127$7,236$171,865
11$8,467$6,896$163,398
12$8,821$6,542$154,576
13$9,190$6,173$145,386
14$9,575$5,789$135,811
15$9,975$5,388$125,836
16$10,392$4,971$115,444
17$10,827$4,536$104,616
18$11,280$4,084$93,336
19$11,752$3,612$81,585
20$12,243$3,120$69,341
21$12,756$2,608$56,586
22$13,289$2,075$43,296
23$13,845$1,519$29,451
24$14,424$940$15,027
25$15,027$336$0

At the end of your 5-year term

Total paid over the term
$76,818
Principal paid down
$30,554
Interest paid
$46,264
Balance remaining
$209,366

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$1,700/mo
$20,400Gross annual rent
2.3%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

6.8%
Gross yield
− Property tax $3,722− Condo fees $7,073− Insurance $600− Vacancy & upkeep $2,244Net operating income $6,761

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE STATE REALTY. MLS®/PropTx.

CallRequest a showing