1 Welbourn Drive, Hamilton

$719,000
1 Welbourn Drive

$719,000

New
9d
DetachedBungalow

1 Welbourn Drive, Hamilton

Total Monthly Obligation $3,677

HausQ Valuation Report
Beds
4
Baths
2
Park
3
Sqft
700-1100
DOM
9d
Score
18
Yield
4.7%
Cash on Cash
-4.2%
Cap Rate
3.7%
5Y IRR
12.2%
10Y IRR
12.0%
Property Type-Detached
MLS® Number-X14031746
Beds-4
Bathrooms-2
Size-700-1100 sqft
Lot Size-40 × 117 ft
Listed on site-Oct 14, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,820 (2026)
Parking-3 - None
Basement-Apartment, Separate Entrance, Finished
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-FLEX
Neighbourhood-Balfour
Title-Residential Freehold

No agent assigned

Beautiful Legal Duplex or Two Family Dwelling situated in a fabulous area close to parks, shopping, schools and transit. This renovated and well-maintained home is an amazing opportunity for multi-generational living or savvy homeowner looking to off-set their mortgage. Be amazed with open concept layout and new vinyl flooring throughout. Two separately contained units that can be reversible back to have open-access featuring ensuite laundry, extended driveway for 3 cars, beautiful oversized deck.

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

Closing Costs

Mortgage Amount
$575,200
Land Transfer Taxes$10,855
Legal Fees (Est.)
$
Total cash required for closing$156,155

Total Monthly Obligation

$3,677/mo
Mortgage $2,900
Monthly Loss $2,914
Principal$763
Interest$2,137
Property Tax$402
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.9%1
5-Year IRR
8.6%27
10-Year IRR
9.5%
Returns Index
14.5/ 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
$33,732/yr
NOI
$21,039/yr
Net Cash Flow
-$1,147/mo
Cash Margin
-40.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
22.6/ 100

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

Comparables

Properties near 1 Welbourn Drive

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.