1 Pelican Lane, Hamilton

$659,987
1 Pelican Lane

$659,987

New
9d
Att/Row/Townhouse2-Storey

1 Pelican Lane, Hamilton

Total Monthly Obligation $3,486

Beds
3
Baths
3
Park
1
Sqft
1500-2000
DOM
9d
Score
17
Yield
5.0%
Cash on Cash
-3.5%
Cap Rate
3.8%
5Y IRR
12.8%
10Y IRR
12.4%
Property Type-Att/Row/Townhouse
MLS® Number-X14033764
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-25.24 × 84.62 ft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$5,389.7 (2025)
Parking-2 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-INTERCITY REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Vacant
Neighbourhood-Vincent
Title-Residential Freehold

No agent assigned

Beautiful 3 Bed 2.5 Bath Two Storied, features a spacious, foyer leading into an open - concept living and dining area with large windows, perfect for entertaining .The modern kitchen boasts a center island, quartz counter top, Stainless steel appliances and stylish backsplash. Upstairs, the primary bedroom offers a 4 piece ensuite and walk-in closet with two additional bright and spacious bedroom and the convenience of an upstairs laundry. Located in a family -friendly neighborhood, school just 3 mins , recreation center 3 mins and close to go station, plaza and serene creeks , close to highways and transit. Perfect blend of convenience and comfort. Available For Immediate Possession.

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

Closing Costs

Mortgage Amount
$542,774($14,784 CMHC)
Land Transfer Taxes$9,675
Legal Fees (Est.)
$
Total cash required for closing$143,172

Total Monthly Obligation

$3,561/mo
Mortgage $2,737
Monthly Loss $2,841
Principal$720
Interest$2,017
Property Tax$449
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-9.1%1
5-Year IRR
7.3%20
10-Year IRR
9.2%
Returns Index
11.9/ 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
$33,168/yr
NOI
$19,961/yr
Net Cash Flow
-$1,073/mo
Cash Margin
-38.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
82.2%14
Vacancy Buffer
2.7 mo44
Risk Index
21.7/ 100

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

Comparables

Properties near 1 Pelican Lane

Time

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Data last updated within the past 24 hours.