377 Glancaster Road 71, Hamilton

$599,900
377 Glancaster Road 71

$599,900

New
32d
Condo Townhouse2-Storey

377 Glancaster Road 71, Hamilton

Total Monthly Obligation $3,346

Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
32d
Score
18
Yield
5.2%
Cash on Cash
-5.1%
Cap Rate
3.5%
5Y IRR
11.6%
10Y IRR
11.4%
Property Type-Condo Townhouse
MLS® Number-X13811556
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Sep 21, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-6-10
Taxes-$4,264 (2026)
Maintenance-$370.84/mo
Locker-None
Parking-2 - Built-In
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX SUCCESS REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Possession-TBD
Neighbourhood-Villages of Glancaster
Title-Residential Condo & Other

No agent assigned

Welcome to this well-maintained condo townhouse offering the perfect blend of comfort, convenience, and low-maintenance living. Located in the desirable Ancaster neighbourhood, close to schools, parks, shopping, and everyday amenities, with easy access to major highways, just 7 minutes to Hwy 403 and Hwy 6. This 3-bedroom, 2-bathroom home is ideal for families, first-time buyers, or anyone looking for a move-in-ready home. The bright and functional main floor features hardwood flooring throughout the living and dining areas, and a kitchen complete with tile flooring and quartz countertops. Beautiful hardwood stairs lead to the second floor, featuring three generous bedrooms with hardwood flooring and a versatile den that can be used as a home office. The unfinished basement offers excellent potential to be transformed into an extended living area, recreation room, or additional family space to suit your needs. Enjoy the convenience of direct access from the house to the attached garage, a recently paved driveway with no sidewalk, and nearby visitor parking. With exterior maintenance taken care of for you, enjoy the benefits of homeownership without the burden of extensive upkeep in this welcoming community.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$479,920
Land Transfer Taxes$8,473
Legal Fees (Est.)
$
Total cash required for closing$129,953

Total Monthly Obligation

$3,346/mo
Mortgage $2,420
Monthly Loss $2,709
Principal$637
Interest$1,783
Property Tax$355
Condo Fees$371
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.4%1
5-Year IRR
8.4%25
10-Year IRR
9.4%
Returns Index
13.8/ 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
$31,200/yr
NOI
$16,966/yr
Net Cash Flow
-$1,006/mo
Cash Margin
-38.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.587
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
24.1/ 100

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

Comparables

Properties near 377 Glancaster Road 71

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.