94 8 Highway, Hamilton

$1,999,900
94 8 Highway

$1,999,900

New
58d
Detached2-Storey

94 8 Highway, Hamilton

Total Monthly Obligation $9,120

Beds
3
Baths
3
Park
12
Sqft
1500-2000
DOM
58d
Score
14
Yield
2.3%
Cash on Cash
-13.4%
Cap Rate
1.7%
5Y IRR
5.1%
10Y IRR
6.5%
Property Type-Detached
MLS® Number-X13716468
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-240.24 × 222.42 ft
Listed on site-Aug 26, 2026
Style-2-Storey
Building Type-Detached
Age-51-99
Taxes-$8,137 (2025)
Parking-24 - Detached
Basement-Development Potential, Partially Finished
Heating-Forced Air (Gas)
Brokerage-Engel & Volkers West Hamilton
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Stucco (Plaster)
Roof-Metal
Foundation-Concrete, Insulated Concrete Form
Sewer-Septic
Possession-flexible
Neighbourhood-Greensville
Title-Residential Freehold

No agent assigned

DRIVE IN SETTLE IN STAY FOREVER More than a home, 94 Highway No. 8 in West Flamborough (Greensville) is a rare lifestyle property offering country serenity, recreation, & a home-based business opportunity. Set among rolling countryside, mature trees, & scenic trails, it combines rural tranquility with remarkable accessibility, about one hour from Toronto, Niagara Falls, & Buffalo and minutes from historic Dundas (Valley Town). A defining feature is the approximately 2,500 sq. ft. two-level garage & workshop, an impressive standalone space for serious work and collections. Heated, fully insulated, and well maintained, it offers water, ample hydro, dual-level access, a professional-grade hoist, and room for 12 or more vehicles. For an automotive enthusiast, tradesperson, entrepreneur, collector, fabricator, or creative professional, possibilities include a home-based business, workshop, vehicle restoration, fabrication, storage, studio, showroom, or specialized workspace. The large attic space above the garage adds versatility, with potential for offices, studio, meeting area, gym, lounge, storage, or expanded workspace. A rare amenity, it lets your business or passion project operate from your property while keeping the residence separate from your work environment. Home is bright, sun-filled spaces feature oversized windows and a sliding door connecting to the natural setting. Enjoy mornings overlooking the property or evenings entertaining on the deck surrounded by mature trees. The lifestyle extends beyond the property. Webster's Falls is a 10-minute walk away, with trails, cycling paths, and tennis courts nearby. Farmers' markets, golf courses, boutique shops, cafés, and fine dining are nearby. Whether building a business, pursuing a passion, collecting automobiles, or raising a family, 94 Highway No. 8 offers the rare freedom to live, work, create, and enjoy the best of West Flamborough, all from one extraordinary property.

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%
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$1,599,920
Land Transfer Taxes$36,473
Legal Fees (Est.)
$
Total cash required for closing$437,953

Total Monthly Obligation

$9,120/mo
Mortgage $8,067
Monthly Loss $6,997
Principal$2,123
Interest$5,944
Property Tax$678
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.4%9
Cash-on-Cash
-16.0%0
5-Year IRR
3.0%6
10-Year IRR
5.2%
Returns Index
4.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$45,000/yr
NOI
$27,863/yr
Net Cash Flow
-$5,745/mo
Cash Margin
-153.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.292
LTV Ratio
80.0%18
Vacancy Buffer
1.1 mo18
Risk Index
12.7/ 100

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

Comparables

Properties near 94 8 Highway

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.

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Data last updated within the past 24 hours.