1890 Rymal Road E 53, Hamilton

$699,800
1890 Rymal Road E 53

$699,800

New
2d
Att/Row/Townhouse2-Storey

1890 Rymal Road E 53, Hamilton

Total Monthly Obligation $3,657

Beds
3
Baths
3
Park
1
Sqft
1500-2000
DOM
2d
Score
18
Yield
4.8%
Cash on Cash
-4.3%
Cap Rate
3.7%
5Y IRR
12.2%
10Y IRR
11.9%
Property Type-Att/Row/Townhouse
MLS® Number-X14104788
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-20 × 86.24 ft
Listed on site-Oct 21, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-6-15
Taxes-$5,505.48 (2026)
Parking-2 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-KELLER WILLIAMS COMPLETE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Vinyl Siding, Brick Veneer
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-60-89 days
Neighbourhood-Rural Glanbrook
Title-Residential Freehold

No agent assigned

Welcome to this absolutely stunning Branthaven-built freehold townhome in the sought-after Summit Park area of Stoney Creek Mountain! Built in 2018, this beautifully upgraded 2-storey home features 1,594 sqft of above-grade finished living space, quality finishes, and a functional, modern layout. Situated on a quiet, private block at the back of the development, this home features upgraded laminate flooring, tile, and stainless steel appliances. The spacious, open-concept living room seamlessly connects to the kitchen and dining area, creating the perfect space for everyday living and entertaining. There is also a convenient 2-piece bathroom on the main level. The second floor boasts 3 generously sized bedrooms with neutral carpeting, including a primary bedroom with a large walk-in closet and a stylish 4-piece ensuite featuring dual sinks and a spacious glass walk-in shower. A modern family bathroom with a full tub, plus convenient second-floor laundry complete the upper level. The spacious, unfinished basement offers endless possibilities to customize the space to suit your needs, whether you envision a rec room, home gym, additional bedrooms, or the ultimate family retreat. Ideally located close to top-rated schools, beautiful parks, the 193-acre Eramosa Karst Conservation Area, SmartCentres shopping, a variety of restaurants, and everyday amenities. Enjoy quick access to The Linc, Red Hill Parkway, and the QEW for an easy commute. Don't miss this fantastic opportunity to own a beautiful freehold townhome in an excellent location!

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

Closing Costs

Mortgage Amount
$559,840
Land Transfer Taxes$10,471
Legal Fees (Est.)
$
Total cash required for closing$151,931

Total Monthly Obligation

$3,657/mo
Mortgage $2,823
Monthly Loss $2,914
Principal$743
Interest$2,080
Property Tax$459
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.1%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
$33,624/yr
NOI
$20,256/yr
Net Cash Flow
-$1,135/mo
Cash Margin
-40.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo43
Risk Index
22.6/ 100

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

Comparables

Properties near 1890 Rymal Road E 53

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.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

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

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.