311 8 Highway 12, Hamilton

$599,900
311 8 Highway 12

$599,900

New
7d
Condo Townhouse2-Storey

311 8 Highway 12, Hamilton

Total Monthly Obligation $3,360

HausQ Valuation Report
Beds
3
Baths
3
Park
1
Sqft
1400-1599
DOM
7d
Score
19
Yield
5.5%
Cash on Cash
-3.8%
Cap Rate
3.8%
5Y IRR
12.6%
10Y IRR
12.2%
Property Type-Condo Townhouse
MLS® Number-X14087702
Beds-3
Bathrooms-3
Size-1400-1599 sqft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$3,592 (2026)
Maintenance-$440.36/mo
Locker-None
Parking-2 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE NRC REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick Front, Vinyl Siding
Possession-30-59
Neighbourhood-Stoney Creek
Title-Residential Condo & Other

No agent assigned

Welcome to this beautifully maintained 3-bedroom, 2.5-bathroom townhouse, perfectly suited for first-time homebuyers or those looking to transition into a more manageable, downsized lifestyle. The home features elegant hardwood flooring throughout, leading you into a modernized kitchen complete with sleek quartz countertops and a contemporary backsplash. Recent updates provide peace of mind for years to come, including a fully renovated main bathroom (2023) and a refreshed primary ensuite (2020). The living space extends outdoors to a patio-ready yard, offering a fenced in private retreat for morning coffee or weekend hosting. Convenience is key to this property, which boasts ample visitor parking and a prime location just minutes from local schools, shopping, dining, and places of worship. With access to main commuter roads this home represents an exceptional opportunity the Stoney Creek community. The sellers are highly motivate to sell! Don't miss out!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$479,920
Land Transfer Taxes$8,473
Legal Fees (Est.)
$
Total cash required for closing$129,953

Total Monthly Obligation

$3,360/mo
Mortgage $2,420
Monthly Loss $2,723
Principal$637
Interest$1,783
Property Tax$299
Condo Fees$440
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.2%1
5-Year IRR
9.3%31
10-Year IRR
10.1%
Returns Index
16.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$33,096/yr
NOI
$18,510/yr
Net Cash Flow
-$877/mo
Cash Margin
-31.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo47
Risk Index
24.5/ 100

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

Comparables

Properties near 311 8 Highway 12

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.

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

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Data last updated within the past 24 hours.