899 Stone Church Road E 1, Hamilton

$419,999
899 Stone Church Road E 1

$419,999

New
56d
Condo Townhouse2-Storey

899 Stone Church Road E 1, Hamilton

Total Monthly Obligation $2,866

Beds
3
Baths
2
Park
1
Sqft
1000-1199
DOM
56d
Score
20
Yield
7.3%
Cash on Cash
-1.8%
Cap Rate
4.2%
5Y IRR
14.1%
10Y IRR
13.5%
Property Type-Condo Townhouse
MLS® Number-X13723102
Beds-3
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Aug 28, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-31-50
Taxes-$3,332.24 (2026)
Maintenance-$694.02/mo
Locker-None
Parking-2 - Built-In
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-REVEL REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-60-89 Days
Neighbourhood-Quinndale
Title-Residential Condo & Other

No agent assigned

Welcome to the #1 (literally!) starter home or downsize home opportunity in Hamilton Mountain's lovely Quinndale neighbourhood. Loaded with potential, this is a truly unique opportunity to get into the real estate market with easy, condo-style living. What makes this home different from the rest? First, enjoy a NEW AIR CONDITIONER, purchased and professionally-installed in 2025. Second, both furnace and hot water tank are OWNED (furnace still under warranty). Third, enjoy a prime, END-UNIT LOCATION in a small, quiet, and family-friendly complex (only 14 units in total). ALL UTILITY EQUIPMENT OWNED -- NO RENTALS!! Low-maintenance KITCHEN INCLUDES DISHWASHER and updated refrigerator (2024) with separate dining room looking out into the FULLY FENCED-IN BACKYARD. Spend your evenings relaxing in the generous-sized family room, included with ECOBEE smart thermostat. CONDO FEE INCLUDES ROGERS HIGH-SPEED INTERNET AND CABLE TV to further minimize bills and living expenses. Spacious unfinished basement is already on its way with a 2-piece bathroom (partially finished), drop ceiling, laundry area, and partially dry-walled. New front porch and handrail in 2026. Bring your creative vision to add your finishing touches and create your perfect home, or simply move in and enjoy the many things this home already has to offer at a low price!

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

Closing Costs

Mortgage Amount
$335,999
Land Transfer Taxes$4,875
Legal Fees (Est.)
$
Total cash required for closing$90,375

Total Monthly Obligation

$2,866/mo
Mortgage $1,694
Monthly Loss $2,420
Principal$446
Interest$1,248
Property Tax$278
Condo Fees$694
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.3%20
Cash-on-Cash
-7.4%1
5-Year IRR
10.2%37
10-Year IRR
11.0%
Returns Index
19.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$30,828/yr
NOI
$13,685/yr
Net Cash Flow
-$554/mo
Cash Margin
-21.6%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo57
Risk Index
28.0/ 100

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

Comparables

Properties near 899 Stone Church Road E 1

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.