475 Provident Way 28, Hamilton

$624,900
475 Provident Way 28

$624,900

Price Change
28d
Condo Townhouse3-Storey

475 Provident Way 28, Hamilton

Total Monthly Obligation $3,453

Beds
3
Baths
3
Park
2
Sqft
1800-1999
DOM
28d
Score
27
Yield
7.2%
Cash on Cash
4.3%
Cap Rate
5.5%
5Y IRR
19.0%
10Y IRR
17.4%
Property Type-Condo Townhouse
MLS® Number-X13830068
Beds-3
Bathrooms-3
Size-1800-1999 sqft
Listed on site-Sep 25, 2026
Style-3-Storey
Building Type-Condo Townhouse
Taxes-$5,046 (2025)
Maintenance-$311.52/mo
Locker-None
Parking-2 - Attached
Basement-Partial Basement, Unfinished
Heating-Forced Air (Gas)
Brokerage-SOLID ROCK REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Possession-Immediate
Neighbourhood-Mount Hope
Title-Residential Condo & Other

No agent assigned

Welcome to this spacious 3-storey condo townhome offering a functional layout and rare double car garage in a sought-after, family-friendly community. The entry level features a welcoming family room with direct garage access. The second floor serves as the heart of the home with an open-concept design that seamlessly connects the kitchen, living, and dining areas, accompanied by a modern powder room for added convenience. Double glass doors lead you out to your inviting balcony providing a private outdoor extension to the main living space. On the upper level, you'll find three bedrooms, including a well-appointed primary suite complete with walk-in closet and ensuite. The additional two bedrooms are served by a full 4-piece bathroom, providing comfort for family or guests. An unfinished basement offers additional potential for future living space or storage. With low-maintenance living, proximity to amenities, and excellent community appeal, this property presents an ideal opportunity families who don't want to sacrifice comfort, space, or location! Taxes estimated as per city's website.Property is being sold under Power of Sale. Sold as is, where is. RSA

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$499,920
Land Transfer Taxes$8,973
Legal Fees (Est.)
$
Total cash required for closing$135,453

Total Monthly Obligation

$3,453/mo
Mortgage $2,521
Monthly Loss $2,789
Principal$663
Interest$1,857
Property Tax$421
Condo Fees$312
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.7%34
Cash-on-Cash
-0.6%7
5-Year IRR
15.3%73
10-Year IRR
14.9%
Returns Index
38.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
27/ 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
$45,180/yr
NOI
$29,478/yr
Net Cash Flow
-$64/mo
Cash Margin
-1.7%3
Cash Flow Index
3.4/ 100
Risk Profile
Weight: 20%
DSCR
0.9725
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo45
Risk Index
29.4/ 100

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

Comparables

Properties near 475 Provident Way 28

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.