90 Magnolia Drive 19, Hamilton

$450,000
90 Magnolia Drive 19

$450,000

Price Change
56d
Condo Townhouse3-Storey

90 Magnolia Drive 19, Hamilton

Total Monthly Obligation $2,810

Beds
3
Baths
2
Park
1
Sqft
1000-1199
DOM
56d
Score
23
Yield
7.2%
Cash on Cash
0.7%
Cap Rate
4.7%
5Y IRR
16.1%
10Y IRR
15.1%
Property Type-Condo Townhouse
MLS® Number-X13722488
Beds-3
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Aug 28, 2026
Style-3-Storey
Building Type-Condo Townhouse
Taxes-$3,114.46 (2026)
Maintenance-$535/mo
Locker-None
Parking-2 - Attached
Basement-Finished
Heating-Baseboard (Electric)
Brokerage-KELLER WILLIAMS COMPLETE REALTY
Cooling-Other
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Possession-Flexible
Neighbourhood-Mountview
Title-Residential Condo & Other

No agent assigned

For nearly 50 years, this beautifully maintained end unit townhome on the West Mountain has been loved by the same family, purchased from the builder in 1977 and cared for with pride ever since. Now, for the first time, it is ready to welcome its next family and continue a legacy worth passing on.Spanning three stories with 1,188 sq ft above grade, this home has been thoughtfully updated while preserving everything that makes it special. Fresh paint and new flooring run throughout the main and upper levels, making it completely turnkey. All you have to do is move in.The main floor offers a bright, open concept living, dining, and kitchen layout filled with natural light, perfect for everyday living and entertaining alike, along with a convenient powder room right where you need it. Upstairs, the oversized primary bedroom impresses with two closets, and a full bathroom with a walk in shower serves the upper level beautifully. Two additional well sized bedrooms complete the upper floor.The finished lower level is a true blank slate with endless potential. Whether you need a home office, a teen hangout, a guest room, a gym, or all of the above, this space can be whatever your family needs most. A rough in for a gas fireplace adds even more possibility, and the attached garage leads directly into the basement for everyday convenience no matter the season. A split system keeps the upper level comfortable year round.Located in one of the West Mountain's most sought after pockets, you are steps from Olympic Park and MacNab High School & Recreation Centre & Farm Boy. Minutes to Ancaster Meadowlands, public transit, great schools, the Linc and 403 for effortless commuting.This home has been filled with life's happiest moments for nearly five decades. It is ready for yours.

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

Closing Costs

Mortgage Amount
$360,000
Land Transfer Taxes$5,475
Legal Fees (Est.)
$
Total cash required for closing$96,975

Total Monthly Obligation

$2,810/mo
Mortgage $1,815
Monthly Loss $2,332
Principal$478
Interest$1,338
Property Tax$260
Condo Fees$535
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-4.7%2
5-Year IRR
12.1%51
10-Year IRR
12.4%
Returns Index
26.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$32,400/yr
NOI
$17,226/yr
Net Cash Flow
-$380/mo
Cash Margin
-14.1%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.7914
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo58
Risk Index
29.9/ 100

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

Comparables

Properties near 90 Magnolia Drive 19

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.