74 Parkplaza Drive S, Hamilton

$819,900
74 Parkplaza Drive S

$819,900

New
24d
Detached2-Storey

74 Parkplaza Drive S, Hamilton

Total Monthly Obligation $4,256

HausQ Valuation Report
Beds
4
Baths
3
Park
2
Sqft
2000-2500
DOM
24d
Score
17
Yield
4.7%
Cash on Cash
-5.1%
Cap Rate
3.5%
5Y IRR
11.5%
10Y IRR
11.4%
Property Type-Detached
MLS® Number-X13839724
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-50.03 × 104.99 ft
Listed on site-Sep 29, 2026
Style-2-Storey
Building Type-Detached
Age-31-50
Taxes-$6,890.41 (2026)
Parking-4 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX GOLD REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-30-59 days
Neighbourhood-Thorner
Title-Residential Freehold

No agent assigned

Welcome to this spacious 4-bedroom - 3 Washroom, 2-storey home situated on a 50-foot-wide lot in the highly convenient Central Mountain area of Hamilton. Ideally located within walking distance of Limeridge Mall and offering quick access to The Linc, this home provides both comfort and exceptional convenience. The main floor features separate living and dining rooms, along with an inviting eat-in kitchen that opens into the family room, complete with a cozy fireplace. The primary bedroom offers a private ensuite featuring an extra-large shower. Enjoy a walk-out from the home to a private, fully fenced backyard that backs onto a church parking lot, providing added privacy with no immediate rear neighbors. Additional features include an oversized double-car garage, a spacious driveway, and no carpet throughout the home. A wonderful opportunity for families seeking space, privacy, and convenient access to shopping, schools, transportation, major roadways, and everyday amenities.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$655,920
Land Transfer Taxes$12,873
Legal Fees (Est.)
$
Total cash required for closing$178,353

Total Monthly Obligation

$4,256/mo
Mortgage $3,307
Monthly Loss $3,386
Principal$870
Interest$2,437
Property Tax$574
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.5%1
5-Year IRR
8.2%24
10-Year IRR
9.2%
Returns Index
13.3/ 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
$38,136/yr
NOI
$22,932/yr
Net Cash Flow
-$1,396/mo
Cash Margin
-43.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
20.1/ 100

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

Comparables

Properties near 74 Parkplaza Drive S

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.