31 Dryden Lane, Hamilton

$529,900
31 Dryden Lane

$529,900

New
9d
Condo Townhouse3-Storey

31 Dryden Lane, Hamilton

Total Monthly Obligation $2,764

Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
9d
Score
22
Yield
5.7%
Cash on Cash
-0.7%
Cap Rate
4.4%
5Y IRR
15.0%
10Y IRR
14.2%
Property Type-Condo Townhouse
MLS® Number-X14032722
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 14, 2026
Style-3-Storey
Building Type-Condo Townhouse
Age-0-5
Taxes-$3,721.79 (2026)
Maintenance-$115.92/mo
Locker-None
Parking-2 - Attached
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick Veneer, Vinyl Siding
Foundation-Poured Concrete
Possession-FLEXIBLE
Neighbourhood-McQuesten
Title-Residential Condo & Other

No agent assigned

Luxury meets convenience in this stunning, almost NEW END UNIT townhome. Boasting 1,320 sq. ft. of bright, open-concept living. This 3-bedroom, 2 bath home features direct entry to the garage and parking for two vehicles. The ground floor offers the convenience of a large foyer with plenty of space. Upstairs, the main living area is an entertainer's dream, showcasing a spacious living area with a triple window, an elegant kitchen with breakfast bar, modern counters, full pantry and stainless steel appliances, and a seamless walkout to your own balcony with beautiful treed escarpment views from the Dining Room. The third floor hosts three generous bedrooms each with a double closet and the convenience of upper laundry and a 4 pce bath. Nestled between the lakefront and the Escarpment, you are steps from the newly updated Roxborough Park and minutes from three GO stations, McMaster University, hospitals, and premier shopping. Buy with total peace of mind under full warranty until 2030!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$423,920
Land Transfer Taxes$7,073
Legal Fees (Est.)
$
Total cash required for closing$114,553

Total Monthly Obligation

$2,764/mo
Mortgage $2,137
Monthly Loss $2,201
Principal$562
Interest$1,575
Property Tax$310
Condo Fees$116
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.3%2
5-Year IRR
11.5%46
10-Year IRR
11.8%
Returns Index
24.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$30,156/yr
NOI
$19,628/yr
Net Cash Flow
-$502/mo
Cash Margin
-20.0%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7713
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo59
Risk Index
30.0/ 100

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

Comparables

Properties near 31 Dryden Lane

Time

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Data last updated within the past 24 hours.