8 Celano Drive, Hamilton

$1,124,000
8 Celano Drive

$1,124,000

Price Change
28d
Detached2-Storey

8 Celano Drive, Hamilton

Total Monthly Obligation $5,642

Beds
4
Baths
3
Park
2
Sqft
2000-2500
DOM
28d
Score
17
Yield
4.6%
Cash on Cash
-4.9%
Cap Rate
3.5%
5Y IRR
11.7%
10Y IRR
11.5%
Property Type-Detached
MLS® Number-X13831036
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-30.02 × 89.57 ft
Listed on site-Sep 25, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$8,799 (2026)
Parking-3 - Built-In
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-SAM MCDADI REAL ESTATE INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-Waterdown
Title-Residential Freehold

No agent assigned

Presenting 8 Celano Drive! A warm & beautifully inviting home where comfortable interiors, natural light & an open concept design come together effortlessly. The main level unfolds into a spacious, airy setting, offering the flexibility to create an elegant dining area, additional sitting space or the perfect backdrop for entertaining. Continue into the kitchen, thoughtfully finished with stainless steel appliances, granite counters, ample cabinetry & a breakfast bar, all overlooking a sunlit breakfast area with a walkout to the backyard patio. Flowing naturally alongside is the generous living room, creating a cozy yet spacious setting for relaxed evenings & everyday gatherings. Upstairs, the primary bedroom offers a peaceful retreat complete with a walk-in closet & 4pc ensuite. Three additional bedrooms, each with closet space, provide comfortable accommodations for family or guests & share a well appointed 4pc bathroom. Outdoors, the fenced backyard offers a charming escape framed by greenery, with a lovely patio creating the perfect setting for summer dining, morning coffee or simply unwinding in the fresh air. Ideally situated near parks, trails, schools, shopping & everyday conveniences, with easy access to major routes connecting you throughout Hamilton & beyond!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$899,200
Land Transfer Taxes$18,955
Legal Fees (Est.)
$
Total cash required for closing$245,255

Total Monthly Obligation

$5,642/mo
Mortgage $4,534
Monthly Loss $4,449
Principal$1,193
Interest$3,341
Property Tax$733
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.9%1
5-Year IRR
8.6%27
10-Year IRR
9.5%
Returns Index
14.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$51,396/yr
NOI
$32,957/yr
Net Cash Flow
-$1,787/mo
Cash Margin
-41.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
17.2/ 100

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

Comparables

Properties near 8 Celano 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.