459 HIGHWAY NO 8, Hamilton

$659,000
459 HIGHWAY NO 8

$659,000

Price Change
21d
Semi-Detached 2-Storey

459 HIGHWAY NO 8, Hamilton

Total Monthly Obligation $3,426

HausQ Valuation Report
Beds
3
Baths
3
Park
2
Sqft
1100-1500
DOM
21d
Score
18
Yield
4.6%
Cash on Cash
-5.0%
Cap Rate
3.5%
5Y IRR
11.7%
10Y IRR
11.5%
Property Type-Semi-Detached
MLS® Number-X13857508
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-24.93 × 120.21 ft
Listed on site-Oct 2, 2026
Style-2-Storey
Building Type-Semi-Detached
Age-16-30
Taxes-$4,712.76 (2026)
Parking-3 - Detached
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT GOLFI REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Natural Gas
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-FLEXIBLE
Neighbourhood-Stoney Creek
Title-Residential Freehold

No agent assigned

Spacious, turnkey 3 bed, 2.5 bath freehold semi-detached home situated in sought-after Stoney Creek community in small enclave of just 8 townhomes. Maintained by the original owners for 25 years. Bright, open-concept main level features a spacious dining area, living room w/ fireplace, updated kitchen w/ quality finishes & 2-pc bath. Hardwood & tile floors on main level. An updated oak staircase leads to the second floor, featuring a generous primary bedroom w/ 5pc ensuite & walkout to balcony, 2 additional bedrooms & 4pc bath. Partially finished basement offers rec room, versatile space ideal for a home office or 4th bedroom, laundry, cold cellar, & storage. Updates include furnace & A/C (2023), roof (2015), some windows, flooring, kitchen & more. Enjoy a good-sized lot w/ low-maintenance fenced private yard including hot tub, plus detached single-car garage & private double rear driveway. Fantastic location just steps to shopping, schools, parks & transit w/ easy highway access.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$527,200
Land Transfer Taxes$9,655
Legal Fees (Est.)
$
Total cash required for closing$142,955

Total Monthly Obligation

$3,426/mo
Mortgage $2,658
Monthly Loss $2,726
Principal$700
Interest$1,959
Property Tax$393
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.8%1
5-Year IRR
8.0%23
10-Year IRR
9.0%
Returns Index
12.7/ 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
$30,300/yr
NOI
$18,057/yr
Net Cash Flow
-$1,153/mo
Cash Margin
-45.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
23.5/ 100

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

Comparables

Properties near 459 HIGHWAY NO 8

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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