145 Rice Avenue 73, Hamilton

$448,000
145 Rice Avenue 73

$448,000

New
31d
Condo Townhouse3-Storey

145 Rice Avenue 73, Hamilton

Total Monthly Obligation $2,853

Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
31d
Score
22
Yield
7.1%
Cash on Cash
-0.4%
Cap Rate
4.5%
5Y IRR
15.3%
10Y IRR
14.4%
Property Type-Condo Townhouse
MLS® Number-X13814820
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Sep 22, 2026
Style-3-Storey
Building Type-Condo Townhouse
Age-51-99
Taxes-$3,675.07 (2026)
Maintenance-$540/mo
Locker-None
Parking-2 - Attached
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 HERITAGE GROUP LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Other
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-TBD
Neighbourhood-Fessenden
Title-Residential Condo & Other

No agent assigned

Welcome Home to this Bright & Spacious GEM nestled in a parklike setting in one of Hamilton's Most Convenient Areas Close to Schools, Places of Worship, Public Transit, Shopping, Sir Allan MacNab Community Centre and just minutes to Costco & Hwy 403. Three nice Sized Bedrooms, 1-1/2 Baths, Large Living & Dining areas plus the Large Sun-Drenched Eat-in Kitchen with Upgraded Oak Cabinetry, Backsplash, Pots & Pans Drawers will please any Culinary Enthusiast. Enjoy your Fenced Backyard, Garage with Inside Entry, Close Visitor Parking and just Steps to the Child Friendly Playground. All this and so much more set in a picturesque setting, so get your Change of Address Cards ready.

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

Closing Costs

Mortgage Amount
$358,400
Land Transfer Taxes$5,435
Legal Fees (Est.)
$
Total cash required for closing$96,535

Total Monthly Obligation

$2,853/mo
Mortgage $1,807
Monthly Loss $2,378
Principal$476
Interest$1,332
Property Tax$306
Condo Fees$540
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.7%2
5-Year IRR
11.3%45
10-Year IRR
11.8%
Returns Index
23.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$31,896/yr
NOI
$16,151/yr
Net Cash Flow
-$461/mo
Cash Margin
-17.4%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.7412
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo57
Risk Index
29.0/ 100

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

Comparables

Properties near 145 Rice Avenue 73

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.