348 Highland Road W 7, Hamilton

$674,905
348 Highland Road W 7

$674,905

New
2d
Condo Townhouse2-Storey

348 Highland Road W 7, Hamilton

Total Monthly Obligation $3,484

Beds
3
Baths
3
Park
1
Sqft
1400-1599
DOM
2d
Score
19
Yield
5.1%
Cash on Cash
-3.2%
Cap Rate
3.9%
5Y IRR
13.0%
10Y IRR
12.6%
Property Type-Condo Townhouse
MLS® Number-X14103020
Beds-3
Bathrooms-3
Size-1400-1599 sqft
Listed on site-Oct 21, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-16-30
Taxes-$4,217.39 (2026)
Maintenance-$210.16/mo
Locker-None
Parking-2 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-COLDWELL BANKER BURNHILL REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-Natural Gas
Pool-None
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-Flexible
Neighbourhood-Stoney Creek Mountain
Title-Residential Condo & Other

No agent assigned

Rarely Offered End-Unit Townhome Overlooking Serene Woodlands! Welcome to this exceptionally unique and beautifully maintained 3-bedroom end-unit townhome, offering a bright, sunny and inviting layout that truly stands apart. Featuring an impressive five bay windows throughout, this home is filled with natural light and offers a wonderful sense of space and character. Enjoy the privacy and tranquility of a peaceful setting with no neighbours in front or behind, and step outside to your oversized private deck overlooking the serene woodlands - the perfect spot to relax, entertain or enjoy your morning coffee surrounded by nature.The home offers 2.5 bathrooms, including a renovated primary bedroom ensuite (2020), and the warmth and ambiance of two gas fireplaces. The lower level features a spacious recreation room, convenient 2-piece bathroom, laundry area and oversized window that bring in plenty of natural light. A generous entryway adds to the home's welcoming appeal. Additional highlights include updated appliances throughout, a renovated ensuite (2020), a deck built in 2020 and refreshed in 2026, and a new heat pump and air conditioning system installed in 2025. Ideally situated close to shopping, transit, schools, parks, trails and a recreation centre, this home is also within walking distance of the beautiful Eramosa and Felker Falls Conservation Areas, offering wonderful opportunities to enjoy nature right at your doorstep. Visitor parking adds extra convenience for family and friends. A truly special opportunity to own a distinctive, sun-filled townhome in a quiet, private and nature-inspired setting. Beautifully cared for and full of charm, this is a home you won't want to miss!

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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$539,924
Land Transfer Taxes$9,973
Legal Fees (Est.)
$
Total cash required for closing$146,454

Total Monthly Obligation

$3,484/mo
Mortgage $2,722
Monthly Loss $2,768
Principal$716
Interest$2,006
Property Tax$351
Condo Fees$210
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.3%20
Cash-on-Cash
-7.3%1
5-Year IRR
9.9%35
10-Year IRR
10.5%
Returns Index
18.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$34,704/yr
NOI
$22,094/yr
Net Cash Flow
-$881/mo
Cash Margin
-30.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo45
Risk Index
24.2/ 100

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

Comparables

Properties near 348 Highland Road W 7

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