1301 Upper Gage Avenue 34, Hamilton

$445,000
1301 Upper Gage Avenue 34

$445,000

New
28d
Condo Townhouse2-Storey

1301 Upper Gage Avenue 34, Hamilton

Total Monthly Obligation $2,828

Beds
3
Baths
2
Park
1
Sqft
1000-1199
DOM
28d
Score
22
Yield
7.2%
Cash on Cash
0.2%
Cap Rate
4.6%
5Y IRR
15.7%
10Y IRR
14.7%
Property Type-Condo Townhouse
MLS® Number-X13831558
Beds-3
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Sep 25, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$2,859.53 (2025)
Maintenance-$595/mo
Locker-None
Parking-2 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE STATE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Possession-60+ Days
Neighbourhood-Quinndale
Title-Residential Condo & Other

No agent assigned

Bright, beautifully updated, and ideally located, this end-unit townhome in Hamilton Mountain's desirable Quinndale neighbourhood offers comfortable, low-maintenance living just minutes from walking trails, shopping, restaurants, transit, and convenient highway access. The open-concept main floor is thoughtfully designed for everyday living and entertaining, featuring hardwood and tile flooring, an updated kitchen, a spacious dining area, a convenient powder room, and a sun-filled living room with walkout access to the private back patio. Upstairs, you'll find three generously sized bedrooms and a renovated 3-piece bathroom with a modern walk-in shower. The lower level offers inside access to the attached garage, a laundry area, and flexible unfinished space that's ready to suit your lifestyle-whether you need extra storage, a home gym, hobby space, or the opportunity to create additional finished living space. Offering a fantastic combination of updates, functionality, and an unbeatable location, this home is an excellent choice for first-time buyers, professionals, couples, or anyone looking to enjoy easy living in a well-established Hamilton Mountain community.

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Closing Costs

Mortgage Amount
$356,000
Land Transfer Taxes$5,375
Legal Fees (Est.)
$
Total cash required for closing$95,875

Total Monthly Obligation

$2,828/mo
Mortgage $1,795
Monthly Loss $2,356
Principal$472
Interest$1,323
Property Tax$238
Condo Fees$595
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.2%2
5-Year IRR
11.7%48
10-Year IRR
12.1%
Returns Index
24.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$32,148/yr
NOI
$16,534/yr
Net Cash Flow
-$417/mo
Cash Margin
-15.6%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.7713
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo57
Risk Index
29.5/ 100

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

Comparables

Properties near 1301 Upper Gage Avenue 34

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.