7 Rapids Lane, Hamilton

$689,000
7 Rapids Lane

$689,000

New
15d
Att/Row/Townhouse3-Storey

7 Rapids Lane, Hamilton

Total Monthly Obligation $3,621

HausQ Valuation Report
Beds
3
Baths
3
Park
1
Sqft
1500-2000
DOM
15d
Score
18
Yield
4.7%
Cash on Cash
-4.8%
Cap Rate
3.6%
5Y IRR
11.8%
10Y IRR
11.6%
Property Type-Att/Row/Townhouse
MLS® Number-X13878042
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-17.83 × 78.09 ft
Listed on site-Oct 8, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Taxes-$5,601 (2025)
Parking-2 - Built-In
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Vincent
Title-Residential Freehold

No agent assigned

Welcome to this stylish and spacious 3-storey townhome offering a functional layout designed for modern living. Featuring 3 bedrooms and 3 bathrooms, this inviting home offers plenty of space for families, professionals or first-time buyers. The bright, open-concept main living area features beautiful hardwood floors and a modern kitchen complete with stainless steel appliances, ample cabinetry and a large centre island-perfect for everyday meals, entertaining or gathering with family and friends. The spacious living and dining areas flow seamlessly together, creating a comfortable and welcoming atmosphere. Upstairs, you'll find three well-appointed bedrooms, including a generous primary retreat, along with conveniently located bathrooms. Direct access from the garage adds everyday convenience, while the multi-level design provides excellent separation between living, entertaining and sleeping spaces. Some *Photos have been Virtually Staged* A fantastic opportunity to enjoy the space and comfort of a home with the low-maintenance lifestyle of townhome living. Move in and make it your own!

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

Closing Costs

Mortgage Amount
$551,200
Land Transfer Taxes$10,255
Legal Fees (Est.)
$
Total cash required for closing$149,555

Total Monthly Obligation

$3,621/mo
Mortgage $2,779
Monthly Loss $2,890
Principal$731
Interest$2,048
Property Tax$467
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.6%1
5-Year IRR
8.1%24
10-Year IRR
9.2%
Returns Index
13.2/ 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
$32,544/yr
NOI
$19,189/yr
Net Cash Flow
-$1,180/mo
Cash Margin
-43.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo43
Risk Index
22.6/ 100

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

Comparables

Properties near 7 Rapids Lane

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.