1255 UPPER GAGE Avenue 15, Hamilton

$479,900
1255 UPPER GAGE Avenue 15

$479,900

New
44d
Condo Townhouse3-Storey

1255 UPPER GAGE Avenue 15, Hamilton

Total Monthly Obligation $2,881

HausQ Valuation Report
Beds
3
Baths
2
Park
1
Sqft
1400-1599
DOM
44d
Score
23
Yield
7.0%
Cash on Cash
0.9%
Cap Rate
4.8%
5Y IRR
16.3%
10Y IRR
15.2%
Property Type-Condo Townhouse
MLS® Number-X13763334
Beds-3
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Sep 9, 2026
Style-3-Storey
Building Type-Condo Townhouse
Taxes-$2,681.77 (2025)
Maintenance-$522.15/mo
Locker-None
Parking-2 - Attached
Basement-None
Heating-Baseboard (Electric)
Brokerage-RE/MAX ESCARPMENT FRANK REALTY
Cooling-Other
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete Block
Roof-Asphalt Shingle
Possession-Flexible
Neighbourhood-Quinndale
Title-Residential Condo & Other

No agent assigned

This beautifully updated three-storey townhome is located in the heart of the vibrant Hamilton Mountain, offering 1,420 sq. ft. of stylish and functional living space. Freshly painted with new flooring, modern light fixtures (2025), and pot lights throughout, this home is move-in ready. New energy-efficient mini ductless splits provide year-round comfort with air conditioning and supplementary heating, helping reduce energy costs while keeping every season comfortable. The versatile main level offers a cozy living space that can also serve as a home office or den, along with a convenient powder room and walkout to a fully fenced backyard-perfect for entertaining or relaxing. The second floor features an open-concept eat-in kitchen with sleek cabinetry, brand-new quartz countertops, modern appliances, and plenty of prep space. Upstairs, you'll find bright, spacious bedrooms, including a primary suite with a customized walk-in closet. Located close to schools, parks, shopping, and everyday amenities, with easy access to the Lincoln Alexander Parkway and public transit, this move-in-ready home combines modern updates, energy efficiency, and an unbeatable location.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$383,920
Land Transfer Taxes$6,073
Legal Fees (Est.)
$
Total cash required for closing$103,553

Total Monthly Obligation

$2,881/mo
Mortgage $1,936
Monthly Loss $2,372
Principal$509
Interest$1,426
Property Tax$223
Condo Fees$522
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.3%3
5-Year IRR
12.4%53
10-Year IRR
12.6%
Returns Index
27.7/ 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
$33,528/yr
NOI
$18,828/yr
Net Cash Flow
-$367/mo
Cash Margin
-13.1%0
Cash Flow Index
0.4/ 100
Risk Profile
Weight: 20%
DSCR
0.8115
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo56
Risk Index
29.7/ 100

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

Comparables

Properties near 1255 UPPER GAGE Avenue 15

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.