258 Sanatorium Road, Hamilton

$849,900
258 Sanatorium Road

$849,900

New
240d
DetachedBungalow

258 Sanatorium Road, Hamilton

Total Monthly Obligation $4,299

Beds
5
Baths
2
Park
5
Sqft
1100-1500
DOM
240d
Score
18
Yield
4.9%
Cash on Cash
-3.4%
Cap Rate
3.9%
5Y IRR
12.9%
10Y IRR
12.5%
Property Type-Detached
MLS® Number-X12820164
Beds-5
Bathrooms-2
Size-1100-1500 sqft
Lot Size-50 × 120 ft
Listed on site-Feb 25, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$5,947 (2025)
Parking-5 - None
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC., BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-Living Room
Pool-None
Facing-North
Exterior-Aluminum Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Westcliffe
Title-Residential Freehold

No agent assigned

Beautifully renovated and truly oversized at 1,440 sq ft, this turn-key bungalow stands out from the rest. A rare opportunity for first-time buyers, upsizers, downsizersr growing families, multi-generational living, or those simply wanting more space on one level. The exceptional primary retreat feels like a private escape, complete with an oversized walk-in closet and a spa-inspired ensuite featuring double sinks, a dedicated vanity area, and a large walk-in shower. The chef's kitchen is designed for both everyday living and entertaining, showcasing high-end appliances including double ovens and a Bosch dishwasher (2025), with ample prep and storage space. A separate side entrance leads to the partially finished basement, offering immediate flexibility for guests, a home office, gym, or in-law setup, with future income potential. The basement was partially renovated in 2022, adding even more functionality. Major updates provide peace of mind: most electrical, plumbing and heating (2016), new A/C (2022), added attic insulation (2022), premium deck (2023), new asphalt driveway (2024), EV Charger (2025), Smart Thermostat (2025), partial waterproofing and new backyard fencing. Situated on a large, mature lot in a quiet West Mountain neighbourhood close to top-rated schools, parks, escarpment stairs, Westcliffe Falls, Mohawk College, shopping, transit, and quick Linc and 403 access. A rare opportunity for first-time buyers, upsizers, downsizers, or investors seeking flexibility, long-term value, and the luxury of high-end bungalow living in one of Hamilton's most sought-after neighbourhoods.

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

Closing Costs

Mortgage Amount
$679,920
Land Transfer Taxes$13,473
Legal Fees (Est.)
$
Total cash required for closing$184,953

Total Monthly Obligation

$4,299/mo
Mortgage $3,428
Monthly Loss $3,397
Principal$902
Interest$2,526
Property Tax$496
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%19
Cash-on-Cash
-7.8%1
5-Year IRR
9.5%32
10-Year IRR
10.2%
Returns Index
17.1/ 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
$41,484/yr
NOI
$26,889/yr
Net Cash Flow
-$1,188/mo
Cash Margin
-34.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
20.6/ 100

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

Comparables

Properties near 258 Sanatorium Road

Time

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Data last updated within the past 24 hours.