173 Burke Street, Hamilton

$689,990
173 Burke Street

$689,990

New
29d
Condo Townhouse2-Storey

173 Burke Street, Hamilton

Total Monthly Obligation $3,229

Beds
3
Baths
3
Park
1
Sqft
1200-1399
DOM
29d
Score
21
Yield
4.8%
Cash on Cash
-1.9%
Cap Rate
4.2%
5Y IRR
14.0%
10Y IRR
13.4%
Property Type-Condo Townhouse
MLS® Number-X13838286
Beds-3
Bathrooms-3
Size-1200-1399 sqft
Listed on site-Sep 24, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-New
Maintenance-$246/mo
Locker-None
Parking-2 - Attached
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Roof-Flat
Foundation-Poured Concrete
Possession-TBD
Neighbourhood-Waterdown
Title-Residential Condo & Other

No agent assigned

Welcome to SOL Stacked Towns, a brand-new community in sought-after Waterdown. This thoughtfully designed 3-bedroom, 2.5-bathroom townhome offers 1,362 sq. ft. of modern living space featuring an open-concept layout, contemporary vinyl plank flooring throughout, stone kitchen countertops, 1 garage & 1 driveway space. Enjoy the convenience of low-maintenance living in a vibrant neighbourhood close to parks, schools, shopping, dining, and everyday amenities, with quick access to Highway 407, Aldershot GO Station, Burlington, and Hamilton. An exceptional opportunity to own in one of Waterdown's newest communities.

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

Closing Costs

Mortgage Amount
$551,992
Land Transfer Taxes$10,275
Legal Fees (Est.)
$
Total cash required for closing$149,773

Total Monthly Obligation

$3,229/mo
Mortgage $2,783
Monthly Loss $2,497
Principal$732
Interest$2,051
Condo Fees$246
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.9%2
5-Year IRR
10.9%42
10-Year IRR
11.2%
Returns Index
22.0/ 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
$33,324/yr
NOI
$24,640/yr
Net Cash Flow
-$730/mo
Cash Margin
-26.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7411
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo49
Risk Index
26.3/ 100

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

Comparables

Properties near 173 Burke Street

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.

Data is provided courtesy of PropTx.

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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.