257 Southbrook Drive, Hamilton

$674,900
257 Southbrook Drive

$674,900

Price Change
28d
Att/Row/Townhouse2-Storey

257 Southbrook Drive, Hamilton

Total Monthly Obligation $3,441

Beds
3
Baths
3
Park
1
Sqft
1500-2000
DOM
28d
Score
20
Yield
5.2%
Cash on Cash
-1.5%
Cap Rate
4.3%
5Y IRR
14.3%
10Y IRR
13.6%
Property Type-Att/Row/Townhouse
MLS® Number-X13831262
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-19.69 × 169.59 ft
Listed on site-Sep 25, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-16-30
Taxes-$4,126 (2026)
Parking-2 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas, Family Room
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Binbrook
Title-Residential Freehold

No agent assigned

Welcome to 257 Southbrook, a beautifully updated true freehold townhome situated on an oversized lot in desirable South Binbrook. Offering stylish finishes, generous living space and an extra-deep backyard with NO REAR NEIGHBOURS, this move-in-ready home has plenty to offer. Beautiful curb appeal is complemented by a newly refinished driveway (2025), while inside, extensive 2026 updates include LVP flooring throughout, updated lighting and a refreshed kitchen featuring granite countertops and a modern subway tile backsplash. The inviting family room is centred around a cozy gas fireplace and overlooks the private backyard, complete with a new fence and deck (2025). Upstairs, you'll find three spacious bedrooms, including a generous primary suite with a walk-in closet and private ensuite, along with an additional 4-piece bathroom and convenient bedroom-level laundry. The fully finished basement provides valuable additional living space with plenty of flexibility for a rec room, home office, gym or playroom, plus ample storage. Ideally located within walking distance of parks, trails, schools and shopping, with easy access to Hamilton and major travel arteries, 257 Southbrook offers the space, updates and location you've been looking for in a welcoming Binbrook community.

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

Closing Costs

Mortgage Amount
$539,920
Land Transfer Taxes$9,973
Legal Fees (Est.)
$
Total cash required for closing$146,453

Total Monthly Obligation

$3,441/mo
Mortgage $2,722
Monthly Loss $2,725
Principal$716
Interest$2,006
Property Tax$344
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%22
Cash-on-Cash
-6.5%2
5-Year IRR
10.5%39
10-Year IRR
11.0%
Returns Index
20.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$35,376/yr
NOI
$23,212/yr
Net Cash Flow
-$788/mo
Cash Margin
-26.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7110
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
24.8/ 100

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

Comparables

Properties near 257 Southbrook 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.