40 Fairhaven Drive, Hamilton

$699,900
40 Fairhaven Drive

$699,900

New
28d
Att/Row/Townhouse3-Storey

40 Fairhaven Drive, Hamilton

Total Monthly Obligation $3,538

HausQ Valuation Report
Beds
3
Baths
3
Park
4
Sqft
1100-1500
DOM
28d
Score
19
Yield
4.9%
Cash on Cash
-2.7%
Cap Rate
4.0%
5Y IRR
13.4%
10Y IRR
12.9%
Property Type-Att/Row/Townhouse
MLS® Number-X13830550
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-20.34 × 108.27 ft
Listed on site-Sep 25, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Age-16-30
Taxes-$4,083.51 (2026)
Parking-5 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-ROCK STAR REAL ESTATE INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Fibreglass Shingle
Foundation-Concrete
Sewer-Sewer
Possession-90+ days
Neighbourhood-Stoney Creek
Title-Residential Freehold

No agent assigned

Freehold Townhouse (linked by Garage only on one side)backing onto the Eramosa Karst conservation area (there will NEVER be a rear neighbour!). This large 3 bedroom, 2.5 bathroom home offers a spacious 3-storey split level layout, finished basement with 2-piece bathroom, gas fireplace, attached garage (with inside entry), and parking for 5 cars. Recent 2026 updates include a newer furnace, new windows (2026), and fresh paint. The huge deck off the dining room is perfect for entertaining, enjoying dinner outside with the family, or just relaxing after a long day. A++ location close to trails, schools, parks, and Heritage Green shopping.

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

Closing Costs

Mortgage Amount
$559,920
Land Transfer Taxes$10,473
Legal Fees (Est.)
$
Total cash required for closing$151,953

Total Monthly Obligation

$3,538/mo
Mortgage $2,823
Monthly Loss $2,796
Principal$743
Interest$2,080
Property Tax$340
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.5%1
5-Year IRR
9.7%33
10-Year IRR
10.3%
Returns Index
17.8/ 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
$34,584/yr
NOI
$22,542/yr
Net Cash Flow
-$945/mo
Cash Margin
-32.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
23.8/ 100

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

Comparables

Properties near 40 Fairhaven Drive

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.