22 Hanover Road 2107, Brampton

$504,999
22 Hanover Road 2107

$504,999

New
18d
Condo ApartmentApartment

22 Hanover Road 2107, Brampton

Total Monthly Obligation $3,379

Beds
2
Baths
2
Park
2
Sqft
1200-1399
DOM
18d
Score
19
Yield
6.8%
Cash on Cash
-3.7%
Cap Rate
3.8%
5Y IRR
12.7%
10Y IRR
12.3%
Property Type-Condo Apartment
MLS® Number-W13860336
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 5, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,158 (2025)
Maintenance-$878.74/mo
Locker-Ensuite
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE CERTIFIED REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBD
Neighbourhood-Queen Street Corridor
Title-Residential Condo & Other

No agent assigned

Client RemarksThis Bright And Well-Maintained Condo Offers A Thoughtfully Designed Layout, Featuring An Expansive Living Area That Opens To A Rare, Oversized Balcony One Of The Few In The Building. The Unobstructed, Panoramic Views From The Balcony Are Perfect For Relaxation, Morning Coffee, Or Evening Sunsets. The Separate Dining Area Overlooks A Spacious Kitchen Equipped With A Cozy Breakfast Nook And A Walkout To The Balcony, Offering Stunning Views From Nearly Every Corner Of The Home. The Primary Bedroom Is Generously Sized, Boasting Large Windows, An Ensuite Bathroom, And Ample Storage. The Second Bedroom Is Also Spacious And Perfect For Family, Guests, Or A Home Office. A Second Full Bathroom And An Ensuite Laundry Room With Additional Storage Ensure Convenience. Upgraded Laminate Flooring And Modern Light Fixtures Throughout Enhance The Unit's Inviting And Comfortable Feel. All Utilities Are Included In The Maintenance Fees, Providing Excellent Value. Situated In An Unbeatable Location With Easy Access To Schools, Public Transit, Chinguacousy Park, Bramalea City Centre Shopping, Highways, And More. The Unit Comes With Two Owned Underground Parking Spots. 24-Hour Security In A Well-Managed Building. Residents Enjoy A Wide Range Of Amenities, Including A Gym, Indoor Pool, Hot Tub, Tennis & Squash Courts, A Billiard Room, And A Renovated Party Room. Building Offers Bell High-Speed Fiber Internet And TV Included At No Cost Until March 31, 2027. Afterward, Service Will Be Available For $42/Month. Rental Storage Available At $240/Year. Don't Miss This Gem!

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

Closing Costs

Mortgage Amount
$403,999
Land Transfer Taxes$6,575
Legal Fees (Est.)
$
Total cash required for closing$109,075

Total Monthly Obligation

$3,379/mo
Mortgage $2,037
Monthly Loss $2,843
Principal$536
Interest$1,501
Property Tax$263
Condo Fees$879
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.7%1
5-Year IRR
9.1%29
10-Year IRR
10.1%
Returns Index
15.6/ 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
$34,500/yr
NOI
$14,947/yr
Net Cash Flow
-$791/mo
Cash Margin
-27.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo47
Risk Index
24.1/ 100

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

Comparables

Properties near 22 Hanover Road 2107

Time

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