22 Seaton Place Drive, Hamilton

$824,900
22 Seaton Place Drive

$824,900

New
4d
DetachedBungalow

22 Seaton Place Drive, Hamilton

Total Monthly Obligation $4,097

Beds
3
Baths
2
Park
4
Sqft
1500-2000
DOM
4d
Score
18
Yield
4.6%
Cash on Cash
-4.1%
Cap Rate
3.7%
5Y IRR
12.4%
10Y IRR
12.1%
Property Type-Detached
MLS® Number-X14094542
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-50 × 100 ft
Listed on site-Oct 19, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,739.54 (2026)
Parking-5 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-iCloud Realty Ltd.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick
Roof-Shingles
Foundation-Concrete Block
Sewer-Sewer
Possession-60-90
Neighbourhood-Stoney Creek
Title-Residential Freehold

No agent assigned

Welcome Home ! This Spacious Brick Raised Bungalow is a Wonderful example of a Cherised Family Home, lovingly maintained over the years and nestled in a Desirable, Family Friendly Neighbourhood. Ideally located within walking distance to Parks, Eastdale Elementary School and Shopping with Near Direct Highway Access, this home offers the perfect blend of Space, Comfort and Convenience. From the moment you arrive, the inviting curb appeal welcomes you into a generous foyer and a thoughtfully laid out main floor. The bright and welcoming living room features large windows and beautiful hardwood flooring, complimented by a separate dining area, a spacious eat-in kitchen, three generously sized bedrooms, and a large main bathroom. The expansive lower level offers even more living space, featuring a sprawling recreation room with a coyz gas fireplace, a second oversized eat-in home retreat with a hot tub and sauna, along with an oversized laundry/utility room and ample storage space. With so much room to enjoy, entertain and accommodate your family's changing needs, the possibilities are endless !!! Step outside to the large, fully fenced backyard, offering plenty of room for outdoor enjoyment, family gatherings and summer entertaining. The included gazebo provides the perfect spot to relax and unwind. Garage with front and rear access doors. Additional highlights include a furnace replaced in 2023, a Stainless Steel Refrigerator 2024 and a stainless steel stove 2025.

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

Closing Costs

Mortgage Amount
$659,920
Land Transfer Taxes$12,973
Legal Fees (Est.)
$
Total cash required for closing$179,453

Total Monthly Obligation

$4,097/mo
Mortgage $3,327
Monthly Loss $3,222
Principal$876
Interest$2,452
Property Tax$395
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.4%1
5-Year IRR
9.0%29
10-Year IRR
9.8%
Returns Index
15.5/ 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
$38,004/yr
NOI
$24,964/yr
Net Cash Flow
-$1,247/mo
Cash Margin
-39.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo37
Risk Index
21.0/ 100

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

Comparables

Properties near 22 Seaton Place Drive

Time

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