21 Mountwood Avenue 6, Hamilton

$399,900
21 Mountwood Avenue 6

$399,900

Price Change
26d
Condo Apartment1 Storey/Apt

21 Mountwood Avenue 6, Hamilton

Total Monthly Obligation $2,652

Beds
1
Baths
1
Park
0
Sqft
800-899
DOM
26d
Score
18
Yield
6.0%
Cash on Cash
-6.6%
Cap Rate
3.2%
5Y IRR
10.3%
10Y IRR
10.5%
Property Type-Condo Apartment
MLS® Number-X13832820
Beds-1
Bathrooms-1
Size-800-899 sqft
Listed on site-Sep 27, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-51-99
Taxes-$1,527.07 (2025)
Maintenance-$711.21/mo
Locker-None
Parking-None
Basement-None
Heating-Radiant (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Window Unit(s)
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Roof-Flat
Possession--
Neighbourhood-Corktown
Title-Residential Condo & Other

No agent assigned

This spacious one-bedroom condominium offers approximately 892 square feet of comfortable living in Hamilton's sought-after Durand neighbourhood. Renovated in 2019 with new hardwood flooring, windows, kitchen and bathroom! New backsplash and light fixtures in the last 3 years. This bright and functional layout includes a generous living and dining area, a dedicated office space, a full eat-in kitchen, in-suite laundry, and a well-sized bedroom featuring two closets. Situated in a solid brick building, the unit provides a quiet and established setting while being just steps from downtown, hospitals, parks, public transit, and everyday amenities. An excellent opportunity for first-time buyers, downsizers, or investors looking for a centrally located, walkable lifestyle.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$319,920
Land Transfer Taxes$4,474
Legal Fees (Est.)
$
Total cash required for closing$85,954

Total Monthly Obligation

$2,652/mo
Mortgage $1,613
Monthly Loss $2,227
Principal$424
Interest$1,189
Property Tax$127
Condo Fees$711
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.9%0
5-Year IRR
6.6%17
10-Year IRR
8.2%
Returns Index
9.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$24,000/yr
NOI
$9,138/yr
Net Cash Flow
-$852/mo
Cash Margin
-42.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.474
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
28.3/ 100

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

Comparables

Properties near 21 Mountwood Avenue 6

Time

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