23 Winners Way, Hamilton

$999,900
23 Winners Way

$999,900

New
29d
Detached2-Storey

23 Winners Way, Hamilton

Total Monthly Obligation $4,921

Beds
5
Baths
3
Park
4
Sqft
2500-3000
DOM
29d
Score
19
Yield
4.9%
Cash on Cash
-2.6%
Cap Rate
4.0%
5Y IRR
13.5%
10Y IRR
13.0%
Property Type-Detached
MLS® Number-X13825860
Beds-5
Bathrooms-3
Size-2500-3000 sqft
Lot Size-39.37 × 103.35 ft
Listed on site-Sep 24, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$6,148.49 (2026)
Parking-6 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession--
Neighbourhood-Binbrook
Title-Residential Freehold

No agent assigned

Welcome to this spacious 5-bedroom detached home in Binbrook, offering the space and flexibility growing families are looking for. Built in 2006 with a timeless stone and brick exterior, this impressive 2-storey home is located in a family-friendly neighbourhood and features 5 bedrooms, 3 bathrooms, a built-in double-car garage, and parking for up to 6 vehicles. Inside, the functional layout provides plenty of room for everyday family living and entertaining. The spacious primary bedroom features a private ensuite, while four additional bedrooms offer flexibility for children, guests, or a home office. With five bedrooms under one roof, this home is an excellent fit for larger or multi-generational families. Adding even more potential is the opportunity to create an in-law suite, providing additional living space for extended family or future needs. Located in the growing community of Binbrook, this detached family home is ideal for buyers looking to upsize and enjoy more space in a welcoming neighbourhood. A fantastic opportunity to make Binbrook home.

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

Closing Costs

Mortgage Amount
$799,920
Land Transfer Taxes$16,473
Legal Fees (Est.)
$
Total cash required for closing$217,953

Total Monthly Obligation

$4,921/mo
Mortgage $4,033
Monthly Loss $3,859
Principal$1,061
Interest$2,972
Property Tax$512
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.8%1
5-Year IRR
10.2%37
10-Year IRR
10.8%
Returns Index
19.7/ 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
$49,404/yr
NOI
$33,815/yr
Net Cash Flow
-$1,215/mo
Cash Margin
-29.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo30
Risk Index
19.4/ 100

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

Comparables

Properties near 23 Winners Way

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.