55 Magdalena Street, Hamilton

$999,900
55 Magdalena Street

$999,900

New
14d
Detached2-Storey

55 Magdalena Street, Hamilton

Total Monthly Obligation $4,970

HausQ Valuation Report
Beds
5
Baths
3
Park
4
Sqft
2000-2500
DOM
14d
Score
16
Yield
3.9%
Cash on Cash
-7.6%
Cap Rate
3.0%
5Y IRR
9.6%
10Y IRR
9.9%
Property Type-Detached
MLS® Number-X13883296
Beds-5
Bathrooms-3
Size-2000-2500 sqft
Listed on site-Oct 9, 2026
Style-2-Storey
Building Type-Detached
Age-0-5
Taxes-$6,735.67 (2025)
Parking-6 - Built-In
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX REAL ESTATE CENTRE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-Stoney Creek Mountain
Title-Residential Freehold

No agent assigned

Welcome to this stunning, nearly new detached home located in one of Stoney Creek Mountain's most sought-after, family-friendly communities. Surrounded by lush greenery, this home offers the perfect blend of modern design and everyday comfort.Featuring a bright, open-concept layout, the main level boasts a spacious living area ideal for entertaining, along with a versatile office/Bedroom-perfect for working from home or use it for an elderly parent. Elegant hardwood stairs with upgraded railings add a touch of sophistication.Upstairs, you'll find generously sized bedrooms, including a large primary suite complete with a private ensuite and walk-in closet. Enjoy the convenience of a second-floor laundry room designed for modern living.The home also offers a double-wide driveway and a double-car garage, providing ample parking space. The unfinished basement is a blank canvas, ready for your personal touch and future expansion.With excellent flow, thoughtful layout, and impeccable upkeep, fully fenced backyard and no side walk, this home shows A+++ and is move-in ready.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$799,920
Land Transfer Taxes$16,473
Legal Fees (Est.)
$
Total cash required for closing$217,953

Total Monthly Obligation

$4,970/mo
Mortgage $4,033
Monthly Loss $3,908
Principal$1,061
Interest$2,972
Property Tax$561
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.4%0
5-Year IRR
6.6%17
10-Year IRR
8.0%
Returns Index
9.7/ 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
$39,000/yr
NOI
$23,864/yr
Net Cash Flow
-$2,045/mo
Cash Margin
-62.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo30
Risk Index
17.7/ 100

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

Comparables

Properties near 55 Magdalena Street

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.