120 Springvalley Crescent 208, Hamilton

$529,900
120 Springvalley Crescent 208

$529,900

Extension
182d
Condo Apartment1 Storey/Apt

120 Springvalley Crescent 208, Hamilton

Total Monthly Obligation $3,171

Beds
1
Baths
1
Park
1
Sqft
800-899
DOM
182d
Score
17
Yield
5.0%
Cash on Cash
-8.1%
Cap Rate
2.8%
5Y IRR
9.2%
10Y IRR
9.6%
Property Type-Condo Apartment
MLS® Number-X13040308
Beds-1
Bathrooms-1
Size-800-899 sqft
Listed on site-Apr 24, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$3,727.87 (2025)
Maintenance-$523.3/mo
Locker-Exclusive
Parking-1 - None
Basement-None
Heating-Forced Air (Electric)
Brokerage-RE/MAX NIAGARA REALTY LTD, BROKERAGE
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Stone
Possession-FLEXIBLE
Neighbourhood-Gourley
Title-Residential Condo & Other

No agent assigned

Welcome to the Luxe Condominium Residences by Fontana Homes on Hamilton's West Mountain in the Gourley neighbourhood. This trendsetting condo on the desired 2nd floor will be your destination for a modern & carefree lifestyle. Move in ready! This stunning 1 bed + den offers 9' ceilings, trendy wide plank oak coloured vinyl flooring (no carpet), upgraded kitchen w/ Whirlpool stainless steel appliances including fridge, stove, dishwasher & microwave, custom crafted cabinetry w/ 36" extended height cabinets w/ soft close doors & drawers, Quartz countertops & solid slab quartz backsplash. Black hardware & a kitchen breakfast bar w/ pendant lighting complete this elegant kitchen! The 4-piece bath features 12x24" marble look tile flooring, vanity w/ stone countertop & lots of storage for toiletries, & anti-fog LED vanity light mirror for makeup! Large primary bedroom w/ walk-in closet, massive sun filled window, & ensuite privileges to bathroom. Den has an upgraded barn door for privacy & in-suite laundry. One of the few units w/ an extra-large balcony running the width of the unit - half covered for winter & the other half open for natural sunlight during the summer months. Building amenities include an elegant lobby, beautifully appointed party room, an outdoor BBQ patio, landscaped grounds w/ seating & dog wash area! Steps from major shopping malls, restaurants, parks, public transit & just mins to highway access. Welcome home to this sophisticated lifestyle in the city!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$423,920
Land Transfer Taxes$7,073
Legal Fees (Est.)
$
Total cash required for closing$114,553

Total Monthly Obligation

$3,171/mo
Mortgage $2,137
Monthly Loss $2,609
Principal$562
Interest$1,575
Property Tax$311
Condo Fees$523
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.1%13
Cash-on-Cash
-12.5%0
5-Year IRR
6.0%14
10-Year IRR
7.6%
Returns Index
8.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$26,436/yr
NOI
$11,385/yr
Net Cash Flow
-$1,189/mo
Cash Margin
-54.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.444
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo51
Risk Index
24.3/ 100

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

Comparables

Properties near 120 Springvalley Crescent 208

Time

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