7 FALCONRIDGE Drive, Hamilton

$859,900
7 FALCONRIDGE Drive

$859,900

New
2d
Detached2-Storey

7 FALCONRIDGE Drive, Hamilton

Total Monthly Obligation $4,384

Beds
4
Baths
4
Park
4
Sqft
1500-2000
DOM
2d
Score
18
Yield
4.6%
Cash on Cash
-4.7%
Cap Rate
3.6%
5Y IRR
11.9%
10Y IRR
11.7%
Property Type-Detached
MLS® Number-X14102934
Beds-4
Bathrooms-4
Size-1500-2000 sqft
Lot Size-45.01 × 104.99 ft
Listed on site-Oct 21, 2026
Style-2-Storey
Building Type-Detached
Age-31-50
Taxes-$6,482.59 (2025)
Parking-6 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Carpenter
Title-Residential Freehold

No agent assigned

Welcome to 7 Falconridge Rd, Hamilton! Lovingly maintained by its original owner, this inviting 2 sty, 2 car garage detached home showcases true pride of ownership and offers an ideal opportunity for families seeking space, comfort and versatility. Featuring 3+1 bedrooms and 4 bathrooms. This well designed layout provides plenty of room for everyday living, entertaining and accommodating extended family. The additional in-law suite offers excellent flexibility for multi-generational living or additional space to suit your needs. Located in an established Hamilton neighbourhood, this home offers convenient access to schools, parks, shopping, restaurants and quick Hwy access. RSA

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

Closing Costs

Mortgage Amount
$687,920
Land Transfer Taxes$13,673
Legal Fees (Est.)
$
Total cash required for closing$187,153

Total Monthly Obligation

$4,384/mo
Mortgage $3,469
Monthly Loss $3,471
Principal$913
Interest$2,556
Property Tax$540
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-9.0%1
5-Year IRR
8.5%26
10-Year IRR
9.5%
Returns Index
14.3/ 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
$39,960/yr
NOI
$24,981/yr
Net Cash Flow
-$1,387/mo
Cash Margin
-41.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
19.9/ 100

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

Comparables

Properties near 7 FALCONRIDGE 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.

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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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Data last updated within the past 24 hours.