416 Limeridge Road E 303, Hamilton

$424,000
416 Limeridge Road E 303

$424,000

New
36d
Condo ApartmentApartment

416 Limeridge Road E 303, Hamilton

Total Monthly Obligation $2,846

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
36d
Score
19
Yield
6.7%
Cash on Cash
-3.9%
Cap Rate
3.7%
5Y IRR
12.5%
10Y IRR
12.2%
Property Type-Condo Apartment
MLS® Number-X13800090
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Sep 17, 2026
Style-Apartment
Building Type-Condo Apartment
Age-31-50
Taxes-$3,668.02 (2025)
Maintenance-$629.82/mo
Locker-Exclusive
Parking-1 - None
Basement-None
Heating-Forced Air (Electric)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Roof-Flat
Foundation-Concrete
Possession-Immediate
Neighbourhood-Bruleville
Title-Residential Condo & Other

No agent assigned

Welcome to Unit 303 at 416 Limeridge Rd E, a beautifully refreshed, move-in ready 2-bedroom, 2-bathroom condo in the heart of Hamilton Mountain's sought-after Bruleville neighbourhood. Freshly updated colour and new carpet throughout make this third-floor gem truly turn-key. Offering 1,173 sq ft of thoughtfully designed living space, this unit delivers the comfort and convenience that today's downsizer deserves. A welcoming living room greets you as you enter, opening onto a generous 22'6" x 4'11" balcony. A bright open concept kitchen and dining area complete the main living space. Both bedrooms are generously sized with walk-in closets, and the primary bedroom features its own private 4-piece ensuite. A second full bathroom, in-suite laundry, three storage lockers, and dedicated parking complete the package. Please note some photos are virtually staged. Residents of Regal Castle enjoy access to a fitness centre, sauna, and party room in a well-managed adult lifestyle building where pride of ownership shows throughout. Steps from malls, grocery, transit, parks, and everyday amenities. Quick access to The Linc and Red Hill Valley Parkway keeps the rest of the city within easy reach. Low-maintenance living at an accessible price point under $430k on Hamilton Mountain.

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

Closing Costs

Mortgage Amount
$339,200
Land Transfer Taxes$4,955
Legal Fees (Est.)
$
Total cash required for closing$91,255

Total Monthly Obligation

$2,846/mo
Mortgage $1,710
Monthly Loss $2,396
Principal$450
Interest$1,260
Property Tax$306
Condo Fees$630
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.3%1
5-Year IRR
8.7%27
10-Year IRR
9.8%
Returns Index
14.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$28,572/yr
NOI
$12,089/yr
Net Cash Flow
-$703/mo
Cash Margin
-29.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo57
Risk Index
27.4/ 100

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

Comparables

Properties near 416 Limeridge Road E 303

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.