17 Wendakee Drive, Hamilton

$1,699,000
17 Wendakee Drive

$1,699,000

New
15d
DetachedBungalow

17 Wendakee Drive, Hamilton

Total Monthly Obligation $8,086

Beds
2
Baths
2
Park
10
Sqft
1100-1500
DOM
15d
Score
14
Yield
2.8%
Cash on Cash
-11.8%
Cap Rate
2.0%
5Y IRR
6.3%
10Y IRR
7.4%
Property Type-Detached
MLS® Number-X13876774
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Lot Size-80.47 × 250.44 ft
Listed on site-Oct 8, 2026
Style-Bungalow
Building Type-Detached
Age-31-50
Taxes-$10,292.71 (2025)
Parking-12 - Attached
Basement-Finished, Walk-Up, Walk-Out
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick, Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Stoney Creek
Title-Residential Freehold

No agent assigned

Experience exceptional waterfront living in this beautifully renovated bungalow backing directly onto Lake Ontario in sought-after Stoney Creek. Set on an impressive 80.47 x 250.44 ft lot with breathtaking unobstructed lake views, this thoughtfully updated 2-bedroom, 2-bathroom home offers approx. 2,364 sq ft of beautifully finished living space designed for both everyday comfort and effortless entertaining. Step inside to a bright, open-concept layout featuring wide-plank hardwood flooring, crown moulding, pot lights, designer lighting, oversized windows and timeless finishes throughout. The heart of the home showcases an updated kitchen with elegant white cabinetry, stone counters, breakfast bar and seamless flow into spacious dining and living areas. The stunning great room is a true showstopper, featuring panoramic waterfront views, custom wood accent walls, plank ceiling detail and expansive windows that blur the line between indoors and out. The spacious primary bedroom offers a peaceful retreat, while the beautifully renovated bathroom feature upscale finishes including frameless glass showers and custom vanities.The fully finished lower level extends the living space with a massive recreation/games room, oversized above-grade windows, full bathroom, dedicated laundry/utility area, bonus storage room with extensive built-in cabinetry, and an impressive cedar-lined custom wine cellar for the ultimate entertainer. Outside, enjoy multiple outdoor living spaces including an expansive waterfront deck with glass railings, lower patio, manicured grounds, mature trees and a pathway leading to the shoreline. A rare opportunity to own a move-in ready waterfront retreat offering luxury, privacy and year-round lakeside living.

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

Closing Costs

Mortgage Amount
$1,359,200
Land Transfer Taxes$30,455
Legal Fees (Est.)
$
Total cash required for closing$371,755

Total Monthly Obligation

$8,086/mo
Mortgage $6,853
Monthly Loss $6,283
Principal$1,803
Interest$5,050
Property Tax$858
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.7%10
Cash-on-Cash
-14.8%0
5-Year IRR
4.0%8
10-Year IRR
6.0%
Returns Index
5.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$47,880/yr
NOI
$28,299/yr
Net Cash Flow
-$4,495/mo
Cash Margin
-112.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.343
LTV Ratio
80.0%18
Vacancy Buffer
1.2 mo19
Risk Index
13.4/ 100

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

Comparables

Properties near 17 Wendakee Drive

Time

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