880 Limeridge Road E 59, Hamilton

$469,000
880 Limeridge Road E 59

$469,000

New
29d
Condo Townhouse2-Storey

880 Limeridge Road E 59, Hamilton

Total Monthly Obligation $2,918

Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
29d
Score
23
Yield
7.2%
Cash on Cash
0.9%
Cap Rate
4.8%
5Y IRR
16.3%
10Y IRR
15.2%
Property Type-Condo Townhouse
MLS® Number-X13823424
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Sep 24, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$2,771 (2026)
Maintenance-$595/mo
Locker-None
Parking-2 - Carport
Basement-Full
Heating-Forced Air (Gas)
Brokerage-REAL BROKER ONTARIO LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Other
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-Flexible
Neighbourhood-Berrisfield
Title-Residential Condo & Other

No agent assigned

Welcome to 59-880 Limeridge Road East, a spacious 3-bedroom, 2-bathroom townhome offering a functional layout and plenty of room for everyday living. The main level provides comfortable living and dining space, while three well-sized bedrooms offer flexibility for families, first-time buyers, or those needing a home office. The finished basement adds valuable additional living space with a rec room and second bathroom, perfect for movie nights, a playroom, home gym, or guest space. Conveniently located on Hamilton's East Mountain, close to Limeridge Mall, schools, parks, public transit, shopping, restaurants, and everyday amenities, with easy access to the Lincoln Alexander Parkway for commuters. A great opportunity to make this well-located townhome your own!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$375,200
Land Transfer Taxes$5,855
Legal Fees (Est.)
$
Total cash required for closing$101,155

Total Monthly Obligation

$2,918/mo
Mortgage $1,892
Monthly Loss $2,420
Principal$498
Interest$1,394
Property Tax$231
Condo Fees$595
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.4%3
5-Year IRR
12.4%53
10-Year IRR
12.6%
Returns Index
27.3/ 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
$33,960/yr
NOI
$18,253/yr
Net Cash Flow
-$371/mo
Cash Margin
-13.1%0
Cash Flow Index
0.4/ 100
Risk Profile
Weight: 20%
DSCR
0.8014
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo55
Risk Index
29.3/ 100

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

Comparables

Properties near 880 Limeridge Road E 59

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.