266 McNeilly Road, Hamilton

$1,240,000
266 McNeilly Road

$1,240,000

New
15d
Detached2-Storey

266 McNeilly Road, Hamilton

Total Monthly Obligation $5,377

Beds
4
Baths
4
Park
2
Sqft
2500-3000
DOM
15d
Score
17
Yield
3.7%
Cash on Cash
-5.3%
Cap Rate
3.4%
5Y IRR
11.4%
10Y IRR
11.3%
Property Type-Detached
MLS® Number-X13949732
Beds-4
Bathrooms-4
Size-2500-3000 sqft
Lot Size-40 × 140 ft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Detached
Age-New
Parking-4 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-Stoney Creek
Title-Residential Freehold

No agent assigned

Presenting the Mulberry model at 266 McNeilly Road, an exceptional pre-construction opportunity crafted by award-winning home builder Losani Homes. Offering 2,758 sq. ft. of thoughtfully designed living space, this impressive 4-bedroom, 3.5-bathroom home combines contemporary style with everyday functionality. A striking double-height foyer creates an impressive first impression and opens to a spacious main level featuring 9-ft ceilings and a layout designed for both everyday living and entertaining. The chef-inspired kitchen is appointed with quartz countertops, extended-height upper cabinetry, under-cabinet valance moulding, a large centre island, and walk-in pantry, flowing seamlessly into the bright breakfast area with sliding doors to the backyard. Unwind in the spacious great room, beautifully finished with engineered hardwood flooring, or gather in the separate formal dining room - an elegant space designed for dinner parties, family gatherings, and special occasions. Upstairs, the luxurious primary suite features a spacious walk-in closet and spa-inspired 4-piece ensuite complete with a freestanding tub, while three additional bedrooms provide ample space for family and guests. Buyers also have the option to further expand their living space with a finished basement, with the potential for a recreation room, additional bedroom, and 3-piece bathroom. With the opportunity to personalize interior finishes and select upgrades, this home offers the chance to create a truly tailored residence in a prime Stoney Creek location.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$992,000
Land Transfer Taxes$21,275
Legal Fees (Est.)
$
Total cash required for closing$270,775

Total Monthly Obligation

$5,377/mo
Mortgage $5,002
Monthly Loss $4,061
Principal$1,316
Interest$3,686
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.8%1
5-Year IRR
8.5%26
10-Year IRR
9.3%
Returns Index
14.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$45,600/yr
NOI
$36,540/yr
Net Cash Flow
-$1,957/mo
Cash Margin
-51.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo28
Risk Index
17.7/ 100

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

Comparables

Properties near 266 McNeilly Road

Time

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