197 Tanglewood Drive, Hamilton

$779,900
197 Tanglewood Drive

$779,900

Price Change
28d
Att/Row/Townhouse2-Storey

197 Tanglewood Drive, Hamilton

Total Monthly Obligation $3,895

HausQ Valuation Report
Beds
3
Baths
3
Park
2
Sqft
700-1100
DOM
28d
Score
17
Yield
4.2%
Cash on Cash
-6.1%
Cap Rate
3.3%
5Y IRR
10.7%
10Y IRR
10.8%
Property Type-Att/Row/Townhouse
MLS® Number-X13831248
Beds-3
Bathrooms-3
Size-700-1100 sqft
Lot Size-27.03 × 108.27 ft
Listed on site-Sep 25, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$4,489.78 (2026)
Parking-3 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTY SPECIALISTS INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-60 Days/TBA
Neighbourhood-Binbrook
Title-Residential Freehold

No agent assigned

Welcome to 197 Tanglewood Dr! This Stunning 3-Bedroom, 3-Bathroom End-Unit Townhome Is Located In Desirable Binbrook! Beautifully Appointed And Filled With Natural Light, This Spacious Home Features A Bright Open-Concept Main Floor With Hardwood Flooring, Coffered Ceiling, Pot Lights, California Shutters, Gas Fireplace And Walk-Out To The Patio. The Modern Kitchen Boasts Granite Counters, Centre Island, Stainless Steel Appliances, Built-In Oven, Gas Cooktop And Stylish Tile Flooring. Dining Room Features Pot Lights And A Large Window Overlooking The Kitchen. Oak Staircase Leads To A Spacious Primary Bedroom With Hardwood Floors, Walk-In Closet And3-Piece Ensuite, Plus Two Generously Sized Bedrooms And Convenient Second-Floor Laundry. Finished Basement Offers A Large Recreation Room With Projector, Large Screen, Built-In Cupboards And Electric Fireplace - Perfect For Family Gatherings And Movie Nights. Enjoy The Privacy Of A Backyard Backing Onto An Open Area, Complete With A Beautiful Shed. A Fantastic Opportunity To Own An Elegant And Functional Home In A Sought-After Binbrook Community!

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

Closing Costs

Mortgage Amount
$623,920
Land Transfer Taxes$12,073
Legal Fees (Est.)
$
Total cash required for closing$169,553

Total Monthly Obligation

$3,895/mo
Mortgage $3,146
Monthly Loss $3,067
Principal$828
Interest$2,318
Property Tax$374
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.5%1
5-Year IRR
7.4%20
10-Year IRR
8.5%
Returns Index
11.3/ 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
$32,400/yr
NOI
$20,170/yr
Net Cash Flow
-$1,465/mo
Cash Margin
-54.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
21.1/ 100

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

Comparables

Properties near 197 Tanglewood 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.

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.