31 Sunvale Place 29, Hamilton

$879,000
31 Sunvale Place 29

$879,000

New
18d
Condo Townhouse2-Storey

31 Sunvale Place 29, Hamilton

Total Monthly Obligation $4,764

Beds
3
Baths
4
Park
2
Sqft
2000-2249
DOM
18d
Score
16
Yield
4.7%
Cash on Cash
-7.1%
Cap Rate
3.1%
5Y IRR
10.0%
10Y IRR
10.2%
Property Type-Condo Townhouse
MLS® Number-X13864304
Beds-3
Bathrooms-4
Size-2000-2249 sqft
Listed on site-Oct 5, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-16-30
Taxes-$6,707.67 (2026)
Maintenance-$459/mo
Locker-None
Parking-4 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-Engel & Volkers Oakville
Cooling-Central Air
Laundry-No
Fireplace-Family Room
Pool-None
Exterior-Stucco (Plaster), Stone
Roof-Asphalt Shingle
Possession-Flexible
Neighbourhood-Lakeshore
Title-Residential Condo & Other

No agent assigned

Welcome to this premium waterfront luxury lifestyle in the prestigious "Waters Edge" community at Newport Yacht Club, located just steps from Lake Ontario. As one of the largest layouts in the complex, this stunning END-UNIT, DOUBLE CAR GARAGE executive townhouse offers approximately 3,000 square feet of total pristine, sun-drenched living space. The home has been freshly painted and features custom California shutters throughout. The bright, open-concept main floor boasts soaring 9-foot ceilings and brand-new, gorgeous hardwood flooring that flows seamlessly into a large, eat-in chef's kitchen finished with solid granite countertops w/breakfast bar overlooking the dining room/family room for easy flow and entertaining. Upstairs, escape to a bright and beautiful primary retreat designed for ultimate comfort.The true crown jewel of this property lies just past your back door- direct marina access right from your own backyard. Perfect for boating enthusiasts or anyone seeking a tranquil waterfront lifestyle, this home offers unparalleled convenience. Residents can also take advantage of the Yacht Club's incredible community lifestyle, including a spectacular, brand-new swimming pool built in 2025 (membership required). Combining maintenance-free living with the scale of a detached home, this rare waterfront property is an absolute masterpiece! Follow your Dream, Home.

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Closing Costs

Mortgage Amount
$703,200
Land Transfer Taxes$14,055
Legal Fees (Est.)
$
Total cash required for closing$191,355

Total Monthly Obligation

$4,764/mo
Mortgage $3,546
Monthly Loss $3,831
Principal$933
Interest$2,613
Property Tax$559
Condo Fees$459
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.8%1
5-Year IRR
7.2%19
10-Year IRR
8.5%
Returns Index
10.9/ 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
$40,896/yr
NOI
$22,191/yr
Net Cash Flow
-$1,696/mo
Cash Margin
-49.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
18.3/ 100

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

Comparables

Properties near 31 Sunvale Place 29

Time

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Data last updated within the past 24 hours.