575 Woodward Avenue 24, Hamilton

$498,000
575 Woodward Avenue 24

$498,000

Price Change
56d
Condo Townhouse3-Storey

575 Woodward Avenue 24, Hamilton

Total Monthly Obligation $2,750

Beds
3
Baths
3
Park
1
Sqft
1200-1399
DOM
56d
Score
22
Yield
5.9%
Cash on Cash
-1.2%
Cap Rate
4.3%
5Y IRR
14.6%
10Y IRR
13.8%
Property Type-Condo Townhouse
MLS® Number-X13726018
Beds-3
Bathrooms-3
Size-1200-1399 sqft
Listed on site-Aug 28, 2026
Style-3-Storey
Building Type-Condo Townhouse
Age-0-5
Taxes-$4,157.82 (2026)
Maintenance-$195/mo
Locker-None
Parking-2 - Attached
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOMELIFE SILVERCITY REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-Electric
Pool-None
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete, Slab
Possession-Flexible
Neighbourhood-Parkview
Title-Residential Condo & Other

No agent assigned

Stunning 3-Bedroom, 3-Bathroom Condo Townhouse 1,229 sq. Ft. Low Maintenance Fees! Welcome to this beautifully upgraded 4-year-old Losani Homes townhouse, offering modern style, exceptional functionality, and incredible value. Original owner, meticulously maintained, and move-in ready! The bright open-concept main floor features a spacious living room with electric fireplace and pot lights, a contemporary kitchen with quartz countertops, sleek backsplash, and stainless steel appliances, plus a generous dinette with walkout to a private balcony. Convenient powder room and laundry complete the level. Upstairs offers 3 spacious bedrooms, including a primary suite with walk-in closet and private 3-piece Ensuite with glass shower. Additional 3-piece bath with quartz countertop. The ground level includes a versatile flex space with backyard access, perfect for a home office, gym, or playroom, plus direct access to the single-car garage. Enjoy no rear neighbors and a park directly behind, providing added privacy and outdoor space. Steps to Hamilton Beach and conveniently located near major highways, shopping, restaurants, and everyday amenities. Upgraded finishes Low fees Original owner. No rear neighbors Park backing Private balcony Garage Prime location A fantastic opportunity for first-time buyers, families, or investors-don't miss this one!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$398,400
Land Transfer Taxes$6,435
Legal Fees (Est.)
$
Total cash required for closing$107,535

Total Monthly Obligation

$2,750/mo
Mortgage $2,009
Monthly Loss $2,222
Principal$529
Interest$1,480
Property Tax$346
Condo Fees$195
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.5%23
Cash-on-Cash
-6.0%2
5-Year IRR
11.0%42
10-Year IRR
11.4%
Returns Index
22.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$29,520/yr
NOI
$17,670/yr
Net Cash Flow
-$536/mo
Cash Margin
-21.8%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo59
Risk Index
29.7/ 100

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

Comparables

Properties near 575 Woodward Avenue 24

Time

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Data last updated within the past 24 hours.