87 Jenifer Drive, Hamilton

$775,000
87 Jenifer Drive

$775,000

New
2d
Condo TownhouseBungalow

87 Jenifer Drive, Hamilton

Total Monthly Obligation $4,414

Bed+Den
3+1
Baths
3
Park
2
Sqft
1400-1599
DOM
2d
Score
20
Yield
6.1%
Cash on Cash
-2.1%
Cap Rate
4.1%
5Y IRR
13.9%
10Y IRR
13.3%
Property Type-Condo Townhouse
MLS® Number-X14101398
Bed+Den-3+1
Bathrooms-3
Size-1400-1599 sqft
Listed on site-Oct 21, 2026
Style-Bungalow
Building Type-Condo Townhouse
Taxes-$5,163 (2026)
Maintenance-$657.55/mo
Locker-None
Parking-4 - Attached
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-Freestanding, Natural Gas, Rec Room
Pool-None
Exterior-Brick
Roof-Asphalt Shingle, Shingles
Foundation-Poured Concrete
Possession-Flexible
Neighbourhood-Rural Glanbrook
Title-Residential Condo & Other

No agent assigned

RARELY OFFERED - well maintained spacious bungalow end unit with 2-car garage located in highly sought-after community of Twenty Place. This gated community is known for its adult leisure lifestyle and exceptional amenities. Large principal rooms and high ceilings. 2 generous sized bedrooms. Primary suite with 3 pc ensuite, bay window & dual closets. 2nd bedroom with walk-in closet. The enormous eat-in kitchen offers plenty of cupboards, loads of counter space and new sliding door leading out to a private, fenced rear patio & raised garden area. Open concept living room and dining room with plenty of room for entertaining large family gatherings. And handy 2 pc powder room. Convenient main floor laundry with inside entry to double garage. Mostly finished basement with another 3 pc. bath, 3rd bedroom, sizeable Recreation Room and huge, unspoiled area for workshop/utility room offering extensive storage space. This fantastic opportunity awaits you. Enjoy the carefree lifestyle in the area's most desireable adult communities. The community club house offers so many amenities such as billyards, library, pool, exercise room, sauna, party room, pickle ball and so much more.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$620,000
Land Transfer Taxes$11,975
Legal Fees (Est.)
$
Total cash required for closing$168,475

Total Monthly Obligation

$4,414/mo
Mortgage $3,126
Monthly Loss $3,591
Principal$823
Interest$2,303
Property Tax$430
Condo Fees$658
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.4%2
5-Year IRR
10.7%41
10-Year IRR
11.2%
Returns Index
21.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$47,052/yr
NOI
$26,893/yr
Net Cash Flow
-$885/mo
Cash Margin
-22.6%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7211
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
20.9/ 100

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

Comparables

Properties near 87 Jenifer Drive

Time

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Data last updated within the past 24 hours.