1475 Upper Gage Avenue 5, Hamilton

$489,000
1475 Upper Gage Avenue 5

$489,000

New
7d
Condo Townhouse2-Storey

1475 Upper Gage Avenue 5, Hamilton

Total Monthly Obligation $3,041

Beds
3
Baths
3
Park
1
Sqft
1200-1399
DOM
7d
Score
21
Yield
6.9%
Cash on Cash
-0.6%
Cap Rate
4.5%
5Y IRR
15.1%
10Y IRR
14.2%
Property Type-Condo Townhouse
MLS® Number-X14086474
Beds-3
Bathrooms-3
Size-1200-1399 sqft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-31-50
Taxes-$3,210 (2026)
Maintenance-$601/mo
Locker-None
Parking-2 - None
Basement-Full, Partial Basement
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE STATE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-Flex
Neighbourhood-Randall
Title-Residential Condo & Other

No agent assigned

Welcome to this well maintained three-bedroom townhome. Natural light illuminates the functional floor plan, creating a polished, move-in-ready atmosphere ideal for both relaxing and entertaining. Featuring one full bathroom and two convenient half baths, this residence has been updated with fresh interior paint and stylish new flooring throughout key areas, including the main stairs and the inviting basement recreation room. Offering comfort and exceptional functionality across three levels. Perfectly situated in a prime neighbourhood. This home provides effortless access to schools, public transit, local parks, and everyday amenities.

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

Closing Costs

Mortgage Amount
$391,200
Land Transfer Taxes$6,255
Legal Fees (Est.)
$
Total cash required for closing$105,555

Total Monthly Obligation

$3,041/mo
Mortgage $1,972
Monthly Loss $2,522
Principal$519
Interest$1,453
Property Tax$268
Condo Fees$601
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.8%2
5-Year IRR
11.3%45
10-Year IRR
11.8%
Returns Index
23.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$33,804/yr
NOI
$17,602/yr
Net Cash Flow
-$506/mo
Cash Margin
-18.0%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7412
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo53
Risk Index
27.6/ 100

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

Comparables

Properties near 1475 Upper Gage Avenue 5

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.