205 Bonaventure Drive, Hamilton

$669,000
205 Bonaventure Drive

$669,000

New
15d
DetachedBungalow

205 Bonaventure Drive, Hamilton

Total Monthly Obligation $3,717

Beds
5
Baths
3
Park
4
Sqft
700-1100
DOM
15d
Score
19
Yield
5.5%
Cash on Cash
-2.9%
Cap Rate
4.0%
5Y IRR
13.3%
10Y IRR
12.8%
Property Type-Detached
MLS® Number-X13878870
Beds-5
Bathrooms-3
Size-700-1100 sqft
Lot Size-41 × 100.32 ft
Listed on site-Oct 8, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$7,722.85 (2026)
Parking-4 - None
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-CITYSCAPE REAL ESTATE LTD.
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Facing-South
Exterior-Brick, Metal/Steel Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Minimum 60 days from the 1st of the month following acceptance.
Neighbourhood-Gilbert
Title-Residential Freehold

No agent assigned

{STEP INSIDE} Two kitchens, five bedrooms & a full second living area below. Step in through the foyer & the bungalow layout makes sense right away: everything you need on one floor, plus a whole lower level that gives the family room to spread out. A home that adapts as life changes, whether that means a growing family, parents moving in, or a layout that works for more than one household. {MAIN LEVEL} Laminate flooring runs throughout. The kitchen has a built-in microwave, stove, fridge & dishwasher, so cooking is sorted from day one. The family room has a fireplace & is the natural place for everyone to land at the end of the day. The primary bdrm has a closet & semi ensuite bath, & bdrm two has its own closet. The level has a 4pc & a 3pc bath, so mornings never turn into a queue. A foyer closet keeps coats & boots at the door instead of in the hall. With no stairs between kitchen, family room & bedrooms, the main floor suits every stage of life. {BASEMENT} The lower level is a full second home base. A second kitchen has a fridge, stove, dishwasher & built-in microwave, with a rec room & fireplace for movie nights or a separate hangout. Three bdrms each have a closet, & two 3pc baths mean everyone down here has a bathroom close by. Laminate flooring continues through the lower level, with ceramic flooring in one bath. The utility room holds the furnace, humidifier & hot water tank, keeping the living areas clear. That mix of bdrms suits kids, guests or a home office, & the level works well on its own. {LOCATION} Set in Gilbert on Hamilton's West Mountain, a neighbourhood with parks, paved pathways, a playground & splash pad nearby. The Lincoln Alexander Parkway is close for an easy commute across the city, & everyday shopping is a short drive away. A practical street for a family putting down roots, with room inside to grow into & a layout that stays flexible over time.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$535,200
Land Transfer Taxes$9,855
Legal Fees (Est.)
$
Total cash required for closing$145,155

Total Monthly Obligation

$3,717/mo
Mortgage $2,699
Monthly Loss $3,007
Principal$710
Interest$1,988
Property Tax$644
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.0%1
5-Year IRR
9.5%32
10-Year IRR
10.2%
Returns Index
17.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$36,852/yr
NOI
$20,944/yr
Net Cash Flow
-$953/mo
Cash Margin
-31.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
22.7/ 100

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

Comparables

Properties near 205 Bonaventure Drive

Time

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