24 Northgate Drive, Hamilton

$899,900
24 Northgate Drive

$899,900

Price Change
45d
DetachedBacksplit 4

24 Northgate Drive, Hamilton

Total Monthly Obligation $4,473

HausQ Valuation Report
Beds
4
Baths
2
Park
3
Sqft
1100-1500
DOM
45d
Score
16
Yield
4.0%
Cash on Cash
-6.9%
Cap Rate
3.1%
5Y IRR
10.1%
10Y IRR
10.3%
Property Type-Detached
MLS® Number-X13769672
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-35 × 138 ft
Listed on site-Sep 8, 2026
Style-Backsplit 4
Building Type-Detached
Taxes-$5,612.28 (2026)
Parking-4 - Attached
Basement-Finished
Heating-Forced Air (Oil)
Brokerage-ROYAL LEPAGE CERTIFIED REALTY
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-Inground
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-TBD
Neighbourhood-Lisgar
Title-Residential Freehold

No agent assigned

Welcome to this exceptional 4-level backsplit detached home, set on a premium lot with a spectacular backyard oasis featuring a heated in-ground pool and plenty of remaining yard space for children's play area, a gazebo, and outdoor dining! Beautiful 3 bedrooms upstairs with a fully upgraded bathroom. Living room with beautiful electric fireplace and pot lights throughout. Lower level family room with an additional 1 bedroom and a fully upgraded bathroom. Recently renovated kitchen with high end appliances, pot lights, centre island, and abundant cabinetry. Basement offers a great office area, storage space, and a large laundry/utility room. Major updates include complete roofing system 2023, new paint front of house windows and garage door 2023, new driveway cement and asphalt 2025, sump pump and back water valve 2022, complete renovations in family room, newer windows, newer central air conditioner 2020, electrical upgrade 2019, heater for pool 2020. Excellent location close to all amenities, recreation centre, hospital, Catholic, French and public schools, and Mohawk Sports Park.

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

Closing Costs

Mortgage Amount
$719,920
Land Transfer Taxes$14,473
Legal Fees (Est.)
$
Total cash required for closing$195,953

Total Monthly Obligation

$4,473/mo
Mortgage $3,630
Monthly Loss $3,517
Principal$955
Interest$2,675
Property Tax$468
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-11.0%1
5-Year IRR
7.0%18
10-Year IRR
8.2%
Returns Index
10.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$36,000/yr
NOI
$22,288/yr
Net Cash Flow
-$1,773/mo
Cash Margin
-59.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
19.0/ 100

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

Comparables

Properties near 24 Northgate Drive

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.