970 Concession Street, Hamilton

$799,000
970 Concession Street

$799,000

New
9d
Detached2-Storey

970 Concession Street, Hamilton

Total Monthly Obligation $3,862

Beds
3
Baths
1
Park
6
Sqft
1500-2000
DOM
9d
Score
22
Yield
5.6%
Cash on Cash
1.2%
Cap Rate
4.8%
5Y IRR
16.5%
10Y IRR
15.4%
Property Type-Detached
MLS® Number-X14033870
Beds-3
Bathrooms-1
Size-1500-2000 sqft
Lot Size-71 × 300 ft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Detached
Age-51-99
Taxes-$3,166 (2025)
Parking-6 - None
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTY SPECIALISTS INC.
Cooling-Central Air
Laundry-No
Fireplace-Family Room
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Septic
Possession-TBA/IMMEDIATE
Neighbourhood-Sunninghill
Title-Residential Freehold

No agent assigned

An exceptional offering in one of the most coveted, picturesque enclaves atop the mountain, this stunning property is surrounded by distinguished multi-million-dollar estates and breathtaking natural beauty. Set on an extraordinary 71 ft. x 300 ft. lot, the possibilities are as expansive as the setting itself. The existing residence features three generously proportioned bedrooms and an inviting, elegantly appointed family room, offering comfort and charm for immediate enjoyment. Whether you choose to reside in its current form or envision and create a bespoke architectural masterpiece, this property presents a rare and prestigious opportunity to build your dream estate in an unparalleled location. A truly remarkable parcel where luxury, exclusivity, and potential converge.

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

Closing Costs

Mortgage Amount
$639,200
Land Transfer Taxes$12,455
Legal Fees (Est.)
$
Total cash required for closing$173,755

Total Monthly Obligation

$3,862/mo
Mortgage $3,223
Monthly Loss $3,014
Principal$848
Interest$2,375
Property Tax$264
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.1%28
Cash-on-Cash
-3.6%3
5-Year IRR
12.8%56
10-Year IRR
12.7%
Returns Index
29.1/ 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
$44,664/yr
NOI
$32,532/yr
Net Cash Flow
-$512/mo
Cash Margin
-13.8%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.8416
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
24.7/ 100

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

Comparables

Properties near 970 Concession Street

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.