1 Redfern Avenue 217, Hamilton

$545,000
1 Redfern Avenue 217

$545,000

New
44d
Condo Apartment1 Storey/Apt

1 Redfern Avenue 217, Hamilton

Total Monthly Obligation $3,513

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
44d
Score
17
Yield
5.8%
Cash on Cash
-6.9%
Cap Rate
3.1%
5Y IRR
10.1%
10Y IRR
10.3%
Property Type-Condo Apartment
MLS® Number-X13760316
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Sep 9, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$6,123.3 (2025)
Maintenance-$604.74/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Mountview
Title-Residential Condo & Other

No agent assigned

Hamilton's desirable Mountview neighbourhood condo for sale! This beautifully 2 bed, 2 bath condo features an open-concept layout with a modern kitchen, stainless steel appliances, and a breakfast bar. The spacious living/dining area opens to a private south-facing open balcony. The primary suite offers a walk-in closet and ensuite, The second bedroom also has its own full bathroom with double sink. Enjoy premium amenities-gym, theatre, games room, party lounge, elevator, and BBQ area. Step to parks, trails, waterfalls, shopping mall, and Public transit. Easy to University of McMaster, Mohawk College, Highway, Hospital, schools-perfect for the family who needs worry free modern living on the Hamilton Mountain.

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

Closing Costs

Mortgage Amount
$436,000
Land Transfer Taxes$7,375
Legal Fees (Est.)
$
Total cash required for closing$117,875

Total Monthly Obligation

$3,513/mo
Mortgage $2,198
Monthly Loss $2,935
Principal$579
Interest$1,620
Property Tax$510
Condo Fees$605
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.6%0
5-Year IRR
6.8%17
10-Year IRR
8.4%
Returns Index
9.9/ 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
$31,800/yr
NOI
$12,840/yr
Net Cash Flow
-$1,128/mo
Cash Margin
-42.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo45
Risk Index
22.5/ 100

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

Comparables

Properties near 1 Redfern Avenue 217

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.