43 Spadara Drive, Hamilton

$949,000
43 Spadara Drive

$949,000

Sold Conditional Escape
24d
Detached2-Storey

43 Spadara Drive, Hamilton

Total Monthly Obligation $4,764

HausQ Valuation Report
Beds
3
Baths
4
Park
4
Sqft
1500-2000
DOM
24d
Score
16
Yield
3.9%
Cash on Cash
-7.6%
Cap Rate
2.9%
5Y IRR
9.6%
10Y IRR
9.9%
Property Type-Detached
MLS® Number-X13839510
Beds-3
Bathrooms-4
Size-1500-2000 sqft
Lot Size-41.35 × 99.93 ft
Listed on site-Sep 29, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$6,727 (2026)
Parking-6 - Attached
Basement-Full, Finished
Heating-Forced Air (Electric)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Falkirk
Title-Residential Freehold

No agent assigned

Welcome to 43 Spadara Dr, a beautifully renovated home offering modern comfort, thoughtful upgrades, and a fantastic family friendly setting. This move in ready property features a new furnace installed in 2026, along with a new patio door and front window, also completed in 2026. The renovated interior offers a fresh and inviting space designed for everyday living including a fully finished basement. The ensuite bathroom adds an extra touch of luxury with heated floors, while central vacuum provides added convenience throughout the home. Outside, the fully fenced yard offers a great space for relaxing, entertaining, or enjoying time with family. A gas rough in is already in place in the backyard, ready for your future fire table or outdoor entertaining setup.Ideally located close to LINC access, schools, parks, and everyday amenities, this home combines comfortable living with convenient access to everything you need. A wonderful opportunity to move into a home where many of the important updates have already been taken care of.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$759,200
Land Transfer Taxes$15,455
Legal Fees (Est.)
$
Total cash required for closing$206,755

Total Monthly Obligation

$4,764/mo
Mortgage $3,828
Monthly Loss $3,756
Principal$1,007
Interest$2,821
Property Tax$561
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.6%0
5-Year IRR
6.5%16
10-Year IRR
7.9%
Returns Index
9.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$37,320/yr
NOI
$22,361/yr
Net Cash Flow
-$1,965/mo
Cash Margin
-63.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo32
Risk Index
18.1/ 100

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

Comparables

Properties near 43 Spadara 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.

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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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Data last updated within the past 24 hours.