188 Hostein Drive, Hamilton

$1,499,000
188 Hostein Drive

$1,499,000

New
7d
Detached2-Storey

188 Hostein Drive, Hamilton

Total Monthly Obligation $7,304

HausQ Valuation Report
Beds
3
Baths
4
Park
4
Sqft
2000-2500
DOM
7d
Score
14
Yield
3.1%
Cash on Cash
-11.0%
Cap Rate
2.2%
5Y IRR
7.0%
10Y IRR
7.9%
Property Type-Detached
MLS® Number-X14093876
Beds-3
Bathrooms-4
Size-2000-2500 sqft
Lot Size-57.04 × 121.36 ft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Detached
Age-31-50
Taxes-$10,592.28 (2025)
Parking-6 - Attached
Basement-Apartment, Finished with Walk-Out, Separate Entrance, Full, Walk-Out, Finished
Heating-Forced Air (Gas)
Brokerage-KELLER WILLIAMS EDGE REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Ancaster
Title-Residential Freehold

No agent assigned

A Rare Ravine Retreat in Prime Ancaster Location. Discover this custom, John Bruce Robinson built, home, proudly maintained by its original owners. Nestled at the end of a quiet steet, this private ravine lot backs onto a wooded section of the Hamilton Golf and Country Club. Surrounded by mature landscaping and natural beauty, there is truly a sense of magic to be felt.Featuring a self contained in law suite with separate entrance and a walkout basement, this home offers excellent potential for multi-generational living. Outside, enjoy an entertainer's paradise with a multi-tiered deck, two gazebos, an outdoor fireplace, a charming wooden playhouse, and a storage shed. TA truly special property offering privacy, space, and a wonderful sense of community. This home is the perfect setting to create lasting family memories.

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

Closing Costs

Mortgage Amount
$1,199,200
Land Transfer Taxes$26,455
Legal Fees (Est.)
$
Total cash required for closing$327,755

Total Monthly Obligation

$7,304/mo
Mortgage $6,047
Monthly Loss $5,713
Principal$1,591
Interest$4,455
Property Tax$883
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.1%0
5-Year IRR
4.5%10
10-Year IRR
6.4%
Returns Index
6.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$46,896/yr
NOI
$27,114/yr
Net Cash Flow
-$3,787/mo
Cash Margin
-96.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.373
LTV Ratio
80.0%18
Vacancy Buffer
1.3 mo21
Risk Index
14.0/ 100

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

Comparables

Properties near 188 Hostein Drive

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.