1420 GARTH Street 2, Hamilton

$399,900
1420 GARTH Street 2

$399,900

Price Change
30d
Condo Townhouse2-Storey

1420 GARTH Street 2, Hamilton

Total Monthly Obligation $2,693

Beds
3
Baths
2
Park
1
Sqft
1000-1199
DOM
30d
Score
23
Yield
7.9%
Cash on Cash
1.2%
Cap Rate
4.8%
5Y IRR
16.5%
10Y IRR
15.4%
Property Type-Condo Townhouse
MLS® Number-X13819408
Beds-3
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Sep 23, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-31-50
Taxes-$3,105.24 (2026)
Maintenance-$621.35/mo
Locker-None
Parking-1 - None
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-KELLER WILLIAMS COMPLETE REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Possession-60 89 Days
Neighbourhood-Falkirk
Title-Residential Condo & Other

No agent assigned

Welcome to unit #2 at 1420 Garth Street, a spacious 3-bedroom, 2-bathroom condo townhouse offering a practical layout and plenty of room to make it your own. The carpet-free main floor features generous living and dining areas, providing more space to gather, entertain, or simply spread out than you typically find in newer townhomes. Upstairs, three bedrooms provide flexibility for families, guests, or a home office, while the finished basement adds valuable additional living space for a rec room, play area, gym, or media room. Step outside to your own private backyard patio, offering a comfortable outdoor extension of the home for summer dinners, morning coffee, or relaxing at the end of the day. The location keeps everyday life convenient, with shopping, parks, schools, transit, and other daily amenities all within the surrounding area, while easy access to major routes makes getting around Hamilton Mountain simple. Well maintained and ready for your personal cosmetic touches, this home offers a solid opportunity for buyers who value space and functionality and would rather update finishes to suit their own style. With three bedrooms, two bathrooms, a finished basement, and private outdoor space, there's plenty here to work with and even more potential to make it your own.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$319,920
Land Transfer Taxes$4,474
Legal Fees (Est.)
$
Total cash required for closing$85,954

Total Monthly Obligation

$2,693/mo
Mortgage $1,613
Monthly Loss $2,269
Principal$424
Interest$1,189
Property Tax$259
Condo Fees$621
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-4.7%2
5-Year IRR
12.3%52
10-Year IRR
12.6%
Returns Index
26.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$31,440/yr
NOI
$15,335/yr
Net Cash Flow
-$335/mo
Cash Margin
-12.8%0
Cash Flow Index
0.4/ 100
Risk Profile
Weight: 20%
DSCR
0.7914
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo61
Risk Index
30.9/ 100

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

Comparables

Properties near 1420 GARTH Street 2

Time

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Data last updated within the past 24 hours.