1550 Garth Street 17, Hamilton

$509,999
1550 Garth Street 17

$509,999

New
2d
Condo Townhouse2-Storey

1550 Garth Street 17, Hamilton

Total Monthly Obligation $3,001

Beds
3
Baths
2
Park
1
Sqft
1000-1199
DOM
2d
Score
20
Yield
6.0%
Cash on Cash
-2.8%
Cap Rate
4.0%
5Y IRR
13.3%
10Y IRR
12.8%
Property Type-Condo Townhouse
MLS® Number-X14103724
Beds-3
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 21, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$3,052.19 (2026)
Maintenance-$489.15/mo
Locker-None
Parking-2 - Attached
Basement-Full, Finished
Heating-Baseboard (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Wall Unit(s)
Laundry-No
Fireplace-Yes
Pool-None
Exterior-Aluminum Siding, Brick Veneer
Possession-Flexible
Neighbourhood-Falkirk
Title-Residential Condo & Other

No agent assigned

Welcome home to Unit 17 @ 1550 Garth St, located in Hamiltons West Mountain. This well maintained two-storey townhome has a bright open concept main level, with rich wood flooring, pot lights, and a cozy gas fireplace. The modern kitchen boasts brand new appliances and a well thought-out design. The spacious living room offers plenty of natural light, creating a comfortable space to unwind or gather with family and friends. The separate dining area provides the perfect setting for family meals and hosting guests while the finished basement extends your living space with a rec room, office, or play area. Upstairs you'll find three large bedrooms, and an updated 4-piece bathroom. There is driveway parking for one car, a garage with inside access and visitor parking for family and guests. The private and fenced backyard adds daily convenience with additional shared green space behind. Located in an amenity rich area, close to the Linc, 403, and Red Hill Valley Parkway. Walking distance to schools, parks and trails and minutes from shopping destinations like Lime Ridge Mall & Ancaster's Meadowlands. A fantastic opportunity to enjoy comfortable living in a convenient and well-connected location!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$407,999
Land Transfer Taxes$6,675
Legal Fees (Est.)
$
Total cash required for closing$110,175

Total Monthly Obligation

$3,001/mo
Mortgage $2,057
Monthly Loss $2,459
Principal$541
Interest$1,516
Property Tax$254
Condo Fees$489
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.6%1
5-Year IRR
9.8%34
10-Year IRR
10.5%
Returns Index
17.9/ 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
$30,696/yr
NOI
$16,304/yr
Net Cash Flow
-$698/mo
Cash Margin
-27.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo54
Risk Index
26.9/ 100

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

Comparables

Properties near 1550 Garth Street 17

Time

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Data last updated within the past 24 hours.