970 Golf Links Road 205, Hamilton

$535,000
970 Golf Links Road 205

$535,000

New
3d
Condo Apartment1 Storey/Apt

970 Golf Links Road 205, Hamilton

Total Monthly Obligation $3,597

Beds
2
Baths
2
Park
1
Sqft
1200-1399
DOM
3d
Score
34
Yield
9.6%
Cash on Cash
8.7%
Cap Rate
6.5%
5Y IRR
22.6%
10Y IRR
20.4%
Property Type-Condo Apartment
MLS® Number-X14099152
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 20, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$4,125.63 (2026)
Maintenance-$895.59/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Electric)
Brokerage-RE/MAX ABOUTOWNE REALTY CORP.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Exterior-Brick
Possession-TBA
Neighbourhood-Meadowlands
Title-Residential Condo & Other

No agent assigned

Beautifully maintained and exceptionally spacious, this 1210 sqft 2-bedroom, 2-bathroom condo is set in Ancaster's desirable Meadowlands area, a quiet and highly convenient pocket known for its walkable access to everyday amenities, shopping, restaurants, parks, schools, and entertainment. Thoughtfully designed for downsizers seeking comfort, convenience, and room to live, the layout offers generous principal rooms, a well-appointed kitchen with rich cabinetry and granite countertops, Berber carpet, in-suite laundry, ample closet space, Hunter Douglas remote-controlled blinds, and California shutters. The private patio/balcony overlooks peaceful green space, creating a quiet outdoor retreat. Added conveniences include underground parking and a locker located directly in front of the parking spot. Residents also enjoy excellent building amenities, including a library, meeting room, visitor parking, underground parking, and a car wash station. Major updates include a new forced-air furnace and air conditioning in 2024, plus an updated gas fireplace in 2024. Perfectly positioned within walking distance of the Meadowlands Power Centre, Costco, Home Depot, Sobeys, restaurants, parks, schools, entertainment, and the movie theatre, with quick access to the Linc and Highway 403.

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

Closing Costs

Mortgage Amount
$428,000
Land Transfer Taxes$7,175
Legal Fees (Est.)
$
Total cash required for closing$115,675

Total Monthly Obligation

$3,597/mo
Mortgage $2,158
Monthly Loss $3,030
Principal$568
Interest$1,590
Property Tax$344
Condo Fees$896
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
5.4%43
Cash-on-Cash
2.8%14
5-Year IRR
18.2%87
10-Year IRR
17.5%
Returns Index
49.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
34/ 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
$51,552/yr
NOI
$29,124/yr
Net Cash Flow
$269/mo
Cash Margin
6.3%15
Cash Flow Index
14.8/ 100
Risk Profile
Weight: 20%
DSCR
1.1238
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo43
Risk Index
32.8/ 100

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

Comparables

Properties near 970 Golf Links Road 205

Time

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