437 Highway 8 Highway 6, Hamilton

$599,000
437 Highway 8 Highway 6

$599,000

New
9d
Att/Row/Townhouse3-Storey

437 Highway 8 Highway 6, Hamilton

Total Monthly Obligation $3,128

Beds
2
Baths
3
Park
1
Sqft
1500-2000
DOM
9d
Score
23
Yield
6.1%
Cash on Cash
1.9%
Cap Rate
5.0%
5Y IRR
17.0%
10Y IRR
15.8%
Property Type-Att/Row/Townhouse
MLS® Number-X14032104
Beds-2
Bathrooms-3
Size-1500-2000 sqft
Lot Size-15.68 × 80.25 ft
Listed on site-Oct 14, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Age-16-30
Taxes-$4,047.25 (2025)
Parking-2 - Attached
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-BRIDGECAN REALTY CORP.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Stoney Creek
Title-Residential Freehold

No agent assigned

Beautiful 3-storey freehold townhouse featuring a renovated kitchen (2020) with quartz countertops, subway tile backsplash, breakfast bar, and stainless steel appliances. Upgrades throughout! New roof (2024) with 25-year warranty, new A/C (2024), and new driveway (2026). Well-maintained home with its own furnace and A/C. Open-concept main floor with hardwood flooring, gas fireplace, and walkout to balcony overlooking a professionally landscaped backyard. Enjoy the private fenced backyard and outdoor space. Conveniently located near the shopping, public transit, and Confederation Park. natural gas line for barbecue .conveniently located near bus lines and minutes away from new confederation go station. high school and elementary near by .Don't miss this fantastic opportunity!

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

Closing Costs

Mortgage Amount
$479,200
Land Transfer Taxes$8,455
Legal Fees (Est.)
$
Total cash required for closing$129,755

Total Monthly Obligation

$3,128/mo
Mortgage $2,416
Monthly Loss $2,493
Principal$636
Interest$1,780
Property Tax$337
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.1%27
Cash-on-Cash
-3.7%3
5-Year IRR
12.8%56
10-Year IRR
12.8%
Returns Index
29.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$36,480/yr
NOI
$24,285/yr
Net Cash Flow
-$392/mo
Cash Margin
-12.9%0
Cash Flow Index
0.4/ 100
Risk Profile
Weight: 20%
DSCR
0.8416
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo51
Risk Index
28.4/ 100

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

Comparables

Properties near 437 Highway 8 Highway 6

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.