245 BURKE Street, Hamilton

$739,900
245 BURKE Street

$739,900

Price Change
8d
Condo Townhouse3-Storey

245 BURKE Street, Hamilton

Total Monthly Obligation $3,854

HausQ Valuation Report
Beds
3
Baths
3
Park
1
Sqft
1400-1599
DOM
8d
Score
18
Yield
4.7%
Cash on Cash
-5.4%
Cap Rate
3.4%
5Y IRR
11.3%
10Y IRR
11.2%
Property Type-Condo Townhouse
MLS® Number-X14084006
Beds-3
Bathrooms-3
Size-1400-1599 sqft
Listed on site-Oct 15, 2026
Style-3-Storey
Building Type-Condo Townhouse
Age-0-5
Taxes-$5,125 (2026)
Maintenance-$242.06/mo
Locker-None
Parking-1 - Attached
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-60-89 days
Neighbourhood-Ainslie Wood
Title-Residential Condo & Other

No agent assigned

Welcome to this exceptional built townhouse in one of Waterdown's most sought-after communities! Offering 1,484 square feet of thoughtfully designed living space, this move-in ready home features three spacious bedrooms, three bathrooms and the convenience of upper-level laundry. The bright, open-concept layout is perfect for everyday living and entertaining. Far from builder basic, the owners invested thousands in premium upgrades, custom window coverings and high-end finishes that elevate every room. Immaculately maintained and truly turnkey, this home offers all the benefits of new construction without the wait. Enjoy a low-maintenance lifestyle just minutes from charming downtown Waterdown, with its boutique shops, restaurants, parks, schools, and everyday amenities. Simply unpack and enjoy everything this beautiful home has to offer! RSA.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$591,920
Land Transfer Taxes$11,273
Legal Fees (Est.)
$
Total cash required for closing$160,753

Total Monthly Obligation

$3,854/mo
Mortgage $2,985
Monthly Loss $3,068
Principal$785
Interest$2,199
Property Tax$427
Condo Fees$242
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.3%1
5-Year IRR
8.3%25
10-Year IRR
9.3%
Returns Index
13.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$34,920/yr
NOI
$20,998/yr
Net Cash Flow
-$1,235/mo
Cash Margin
-42.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
21.7/ 100

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

Comparables

Properties near 245 BURKE 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.