1968 Main Street W 902, Hamilton

$324,900
1968 Main Street W 902

$324,900

New
3d
Condo ApartmentApartment

1968 Main Street W 902, Hamilton

Total Monthly Obligation $2,761

Beds
3
Baths
2
Park
1
Sqft
1000-1199
DOM
3d
Score
31
Yield
11.6%
Cash on Cash
8.7%
Cap Rate
6.4%
5Y IRR
22.6%
10Y IRR
20.4%
Property Type-Condo Apartment
MLS® Number-X14098446
Beds-3
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 20, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,052.19 (2026)
Maintenance-$996.56/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Radiant (Gas)
Brokerage-AXXESS REAL ESTATE LTD.
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Immediate
Neighbourhood-Ainslie Wood
Title-Residential Condo & Other

No agent assigned

Enjoy the perfect blend of urban convenience and natural beauty in this inviting West Hamilton residence, featuring breathtaking, unobstructed views of a protected ravine and conservation area. Take in the peaceful scenery, local wildlife, and changing seasons from your living room, private balcony, and bedrooms. Oversized windows throughout fill the home with natural light, creating a bright and welcoming atmosphere. The functional layout offers a comfortable living space, a well-appointed kitchen with appliances, and two bathrooms featuring ceramic tile finishes. Contemporary vinyl flooring, a neutral colour palette, ample in-suite storage, and a custom utility closet add to the home's everyday appeal. Residents enjoy an excellent selection of building amenities, including a heated indoor saltwater pool, fully equipped fitness centre, sauna, guest suite, party room, and craft room. Ideally located just minutes from Westdale, Ancaster, and Dundas, and within walking distance of McMaster University, this property offers convenient access to shopping, dining, transit, and nearby amenities while providing a peaceful retreat surrounded by nature. An excellent opportunity for first-time buyers, young professionals, students, or downsizers seeking a comfortable, low-maintenance lifestyle in a desirable West Hamilton location.

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

Closing Costs

Mortgage Amount
$259,920
Land Transfer Taxes$3,349
Legal Fees (Est.)
$
Total cash required for closing$69,829

Total Monthly Obligation

$2,761/mo
Mortgage $1,311
Monthly Loss $2,417
Principal$345
Interest$966
Property Tax$254
Condo Fees$997
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
5.1%39
Cash-on-Cash
1.1%10
5-Year IRR
17.2%83
10-Year IRR
16.9%
Returns Index
44.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
31/ 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
$37,692/yr
NOI
$16,512/yr
Net Cash Flow
$65/mo
Cash Margin
2.1%7
Cash Flow Index
7.0/ 100
Risk Profile
Weight: 20%
DSCR
1.0531
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo58
Risk Index
35.9/ 100

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

Comparables

Properties near 1968 Main Street W 902

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.