122 Limeridge Road W, Hamilton

$599,900
122 Limeridge Road W

$599,900

Price Change
76d
DetachedBungalow

122 Limeridge Road W, Hamilton

Total Monthly Obligation $3,096

Beds
4
Baths
1
Park
5
Sqft
700-1100
DOM
76d
Score
21
Yield
5.5%
Cash on Cash
-0.3%
Cap Rate
4.5%
5Y IRR
15.4%
10Y IRR
14.4%
Property Type-Detached
MLS® Number-X13654010
Beds-4
Bathrooms-1
Size-700-1100 sqft
Lot Size-40 × 140 ft
Listed on site-Aug 8, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$3,608.1 (2025)
Parking-5 - None
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-MICHAEL ST.JEAN REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Rolston
Title-Residential Freehold

No agent assigned

Welcome to 122 Limeridge Road West! This beautifully renovated 4-bedroom, 1-bathroom bungalow is situated in a highly desirable West Mountain neighbourhood. Step inside to discover a bright, inviting interior featuring abundant natural light, engineered hardwood floors, and tasteful updates throughout. The main level offers 3 comfortable bedrooms and a modern bathroom, while the fully finished basement provides an additional bedroom and extra living space. Set on a deep 140-foot lot, this manicured property boasts a massive yard, a large deck perfect for entertaining, and an expansive driveway with ample parking. Ideally located, this home is just minutes from Mohawk College, public transit, schools, parks, major highways, and local shopping centres.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$479,920
Land Transfer Taxes$8,473
Legal Fees (Est.)
$
Total cash required for closing$129,953

Total Monthly Obligation

$3,096/mo
Mortgage $2,420
Monthly Loss $2,459
Principal$637
Interest$1,783
Property Tax$301
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.6%2
5-Year IRR
11.2%44
10-Year IRR
11.6%
Returns Index
23.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$33,264/yr
NOI
$21,829/yr
Net Cash Flow
-$601/mo
Cash Margin
-21.7%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7512
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
27.4/ 100

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

Comparables

Properties near 122 Limeridge Road W

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.