121 Highway 8 703, Hamilton

$459,999
121 Highway 8 703

$459,999

Price Change
39d
Condo Apartment1 Storey/Apt

121 Highway 8 703, Hamilton

Total Monthly Obligation $3,063

Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
39d
Score
18
Yield
6.5%
Cash on Cash
-4.9%
Cap Rate
3.5%
5Y IRR
11.7%
10Y IRR
11.6%
Property Type-Condo Apartment
MLS® Number-X13779642
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Sep 14, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-0-5
Taxes-$4,416.47 (2026)
Maintenance-$639.09/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-PSR
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Roof-Flat
Foundation-Poured Concrete
Possession-60-89 days
Neighbourhood-Riverdale
Title-Residential Condo & Other

No agent assigned

Welcome to Casa di Torre - Stylish Stoney Creek living at its finest! Thoughtfully designed for comfortable, low-maintenance living, this condo features a functional layout with two generously sized bedrooms, including a primary bedroom with its own private ensuite. Step out onto your private balcony and take in beautiful views of Lake Ontario and the Hamilton skyline - the perfect backdrop for your morning coffee or evening relaxation. Enjoy panoramic views from the beautiful rooftop terrace overlooking the escarpment and city skyline, stay active in the exercise room or dedicated yoga room, or entertain friends and family in the entertainment room complete with kitchen. The convenience continues with one underground parking space and ample visitor parking for guests. Located directly across a shopping plaza, you'll have grocery stores, restaurants, a pharmacy, and a variety of everyday amenities just steps from your door. With quick and easy highway access, commuting throughout Hamilton, Burlington, Niagara, and beyond is a breeze. Whether you're a first-time buyer, downsizer, professional, or investor, this condo offers an exceptional combination of space, views, amenities, and unbeatable convenience. Come experience the easy, elevated lifestyle at Casa di Torre - where beautiful views and everyday convenience come together.

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

Closing Costs

Mortgage Amount
$367,999
Land Transfer Taxes$5,675
Legal Fees (Est.)
$
Total cash required for closing$99,175

Total Monthly Obligation

$3,063/mo
Mortgage $1,856
Monthly Loss $2,574
Principal$488
Interest$1,367
Property Tax$368
Condo Fees$639
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.0%1
5-Year IRR
8.1%24
10-Year IRR
9.3%
Returns Index
12.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$29,856/yr
NOI
$12,385/yr
Net Cash Flow
-$823/mo
Cash Margin
-33.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo53
Risk Index
25.6/ 100

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

Comparables

Properties near 121 Highway 8 703

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.