8 Hill Place, Hamilton

$759,900
8 Hill Place

$759,900

New
22d
DetachedBungalow

8 Hill Place, Hamilton

Total Monthly Obligation $3,884

Beds
3
Baths
2
Park
6
Sqft
1100-1500
DOM
22d
Score
20
Yield
5.5%
Cash on Cash
-0.8%
Cap Rate
4.4%
5Y IRR
14.9%
10Y IRR
14.1%
Property Type-Detached
MLS® Number-X13847874
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-40.71 × 299 ft
Listed on site-Oct 1, 2026
Style-Bungalow
Building Type-Detached
Taxes-$5,326 (2026)
Parking-8 - Detached
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-REAL BROKER ONTARIO LTD.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Immediate
Neighbourhood-Stoney Creek
Title-Residential Freehold

No agent assigned

Set on a quiet court at the base of the Niagara Escarpment, 8 Hill Place is defined by its exceptional setting. An incredibly deep, pie-shaped ravine lot with a generous open backyard, a wooded backdrop that seems to go on forever, an oversized driveway with ample parking and a detached double garage built in 2024. Just a short walk from Downtown Stoney Creek, the 1,100+ sqft brick bungalow features 3 bedrooms and 1.5 bathrooms, with a lower level offering a spacious rec room, gas fireplace, powder room and laundry. Ready for its next chapter, the property provides an exciting opportunity to renovate, expand or explore the possibilities for the site in the future. Enjoy the privacy of a tucked-away court while being within walking distance of shops, restaurants and everyday amenities in Downtown Stoney Creek, with parks, trails, transit and the Niagara Escarpment all nearby. A unique property with incredible potential in an established Stoney Creek neighbourhood.

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

Closing Costs

Mortgage Amount
$607,920
Land Transfer Taxes$11,673
Legal Fees (Est.)
$
Total cash required for closing$165,153

Total Monthly Obligation

$3,884/mo
Mortgage $3,065
Monthly Loss $3,077
Principal$807
Interest$2,259
Property Tax$444
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.6%2
5-Year IRR
11.2%44
10-Year IRR
11.5%
Returns Index
23.0/ 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
$41,532/yr
NOI
$27,553/yr
Net Cash Flow
-$769/mo
Cash Margin
-22.2%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7512
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo39
Risk Index
23.2/ 100

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

Comparables

Properties near 8 Hill Place

Time

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Data last updated within the past 24 hours.