42 Lasila Court, Hamilton

$799,900
42 Lasila Court

$799,900

New
34d
DetachedBacksplit 3

42 Lasila Court, Hamilton

Total Monthly Obligation $4,205

Beds
4
Baths
2
Park
4
Sqft
2000-2500
DOM
34d
Score
21
Yield
5.9%
Cash on Cash
0.2%
Cap Rate
4.6%
5Y IRR
15.7%
10Y IRR
14.7%
Property Type-Detached
MLS® Number-X13806412
Beds-4
Bathrooms-2
Size-2000-2500 sqft
Lot Size-43.61 × 134.02 ft
Listed on site-Sep 19, 2026
Style-Backsplit 3
Building Type-Detached
Age-31-50
Taxes-$7,241.34 (2026)
Parking-5 - Attached
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-MICHAEL ST.JEAN REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-TBD
Neighbourhood-Gilbert
Title-Residential Freehold

No agent assigned

Fabulous West Mountain opportunity with flexible space for extended family or a home office. Homes on this quiet, family-friendly court almost never hit the market, and once you're inside, you'll see why. This 2,217 sq ft, 4 bed, 2 bath back-split offers real space to grow into, plus flexible space most homes at this price can't match: a main-level bedroom/office with plumbing already retained in the walls and a basement kitchen rough-in. The main level opens to a bright living and dining room, each framed by elegant French doors: space to host, or close the doors and unwind. The eat-in kitchen features a movable island, granite counters, and stainless appliances, opening to a spacious family room with a walkout to the backyard. Right off the family room sits an additional bedroom/office with plumbing already retained behind the walls, ready for a home office, guest room, or a future suite. A 3-piece bathroom with granite counters and a tiled glass-door shower completes the level. A tiled foyer leads to an oak staircase under a skylight, filling the stairwell with natural light. The second level features hardwood throughout, with three bedrooms including a primary with an oversized closet, plus a 5-piece bath. The basement adds a second layer of potential: a kitchen rough-in already in place, alongside an enormous tiled rec room with 8 ft ceilings, an oversized cold cellar, and a private "mancave." Updates include a newer furnace and A/C (2021), sliding patio door (2022), and waterproofed rear patio (2023). Inside entry to a 1.5-car garage, with driveway parking for 4+. This is a home that grows with your family. Book your showing before someone else calls it home first.

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

Closing Costs

Mortgage Amount
$639,920
Land Transfer Taxes$12,473
Legal Fees (Est.)
$
Total cash required for closing$173,953

Total Monthly Obligation

$4,205/mo
Mortgage $3,227
Monthly Loss $3,356
Principal$849
Interest$2,378
Property Tax$603
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-4.7%2
5-Year IRR
12.0%50
10-Year IRR
12.2%
Returns Index
26.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$47,148/yr
NOI
$30,692/yr
Net Cash Flow
-$669/mo
Cash Margin
-17.0%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.7914
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
22.6/ 100

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

Comparables

Properties near 42 Lasila Court

Time

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Data last updated within the past 24 hours.