16 Redwood Court, Hamilton

$909,000
16 Redwood Court

$909,000

New
9d
DetachedBacksplit 3

16 Redwood Court, Hamilton

Total Monthly Obligation $4,575

Beds
3
Baths
2
Park
4
Sqft
1500-2000
DOM
9d
Score
16
Yield
4.1%
Cash on Cash
-6.7%
Cap Rate
3.1%
5Y IRR
10.3%
10Y IRR
10.5%
Property Type-Detached
MLS® Number-X14083912
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-40 × 108 ft
Listed on site-Oct 14, 2026
Style-Backsplit 3
Building Type-Detached
Age-51-99
Taxes-$6,404.59 (2026)
Parking-7 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Family Room, Living Room, Natural Gas
Pool-Inground
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Stoney Creek
Title-Residential Freehold

No agent assigned

Welcome to 16 Redwood Court, a 3 bedroom plus den home for sale in Hamilton, located on a quiet court and offering 1,804 sq ft above grade and 3,120 sq ft of total living space. The showpiece is a fully enclosed hot tub retreat in a custom addition, complete with heated floors, a fireplace, and its own mini split for year-round climate control. Step from the hot tub room directly out to the backyard pool, creating a private spa and resort-style setting right at home. The main floor features a spacious eat-in kitchen and a bright living room. Upstairs you'll find the primary bedroom, two additional bedrooms, and a 4pc bath. The lower level offers a large family room with a cozy fireplace and a 3pc bath, ideal for movie nights or hosting guests. The basement adds a den, a dedicated home gym, a utility room, plenty of storage, and inside access to the 2 car pull-through garage. Outdoor lovers will enjoy 2 entrances to the Bruce Trail only 5mins away, a quick 15 minute hike to the Devil's Punchbowl, and downtown Stoney Creek with festivals and farmers markets throughout the year, all within walking distance.

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

Closing Costs

Mortgage Amount
$727,200
Land Transfer Taxes$14,655
Legal Fees (Est.)
$
Total cash required for closing$197,955

Total Monthly Obligation

$4,575/mo
Mortgage $3,667
Monthly Loss $3,610
Principal$965
Interest$2,702
Property Tax$534
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.8%1
5-Year IRR
7.1%19
10-Year IRR
8.4%
Returns Index
10.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$37,596/yr
NOI
$22,932/yr
Net Cash Flow
-$1,756/mo
Cash Margin
-56.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
18.8/ 100

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

Comparables

Properties near 16 Redwood Court

Time

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