34 Southbrook Drive 7, Hamilton

$549,777
34 Southbrook Drive 7

$549,777

New
18d
Condo TownhouseBungalow

34 Southbrook Drive 7, Hamilton

Total Monthly Obligation $3,217

HausQ Valuation Report
Beds
1
Baths
2
Park
1
Sqft
1000-1199
DOM
18d
Score
16
Yield
4.8%
Cash on Cash
-8.5%
Cap Rate
2.8%
5Y IRR
8.9%
10Y IRR
9.4%
Property Type-Condo Townhouse
MLS® Number-X13862046
Beds-1
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 5, 2026
Style-Bungalow
Building Type-Condo Townhouse
Age-16-30
Taxes-$3,890 (2026)
Maintenance-$474.98/mo
Locker-None
Parking-2 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-Flexible
Neighbourhood-Binbrook
Title-Residential Condo & Other

No agent assigned

Discover easy, low-maintenance living in this beautifully maintained bungalow-style townhouse, ideally situated within a well-kept condominium community. Designed for comfortable single-level living, the home features a functional kitchen with a convenient peninsula, inviting living spaces, an attached garage, and a welcoming front porch. Enjoy the added peace of mind of a furnace updated in 2023, along with the convenience of condo living where exterior maintenance is taken care of for you. Grass cutting, landscaping, driveway snow removal, and snow clearing from the front steps are all handled, allowing you to spend more time enjoying life and less time worrying about upkeep. This is an excellent option for retirees, downsizers, or frequent travellers looking for a lock-and-leave lifestyle with minimal maintenance responsibilities. Simply move in, enjoy your home, and let the condo corporation take care of the exterior work.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$452,137($12,315 CMHC)
Land Transfer Taxes$7,471
Legal Fees (Est.)
$
Total cash required for closing$118,926

Total Monthly Obligation

$3,279/mo
Mortgage $2,280
Monthly Loss $2,679
Principal$600
Interest$1,680
Property Tax$324
Condo Fees$475
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-13.4%0
5-Year IRR
4.1%8
10-Year IRR
6.8%
Returns Index
6.0/ 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
$26,172/yr
NOI
$11,565/yr
Net Cash Flow
-$1,316/mo
Cash Margin
-60.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.424
LTV Ratio
82.2%14
Vacancy Buffer
3.0 mo49
Risk Index
22.1/ 100

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

Comparables

Properties near 34 Southbrook Drive 7

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.