390 Sydenham Road, Hamilton

$1,999,999
390 Sydenham Road

$1,999,999

New
23d
DetachedSidesplit 4

390 Sydenham Road, Hamilton

Total Monthly Obligation $8,967

Beds
3
Baths
2
Park
6
Sqft
1500-2000
DOM
23d
Score
14
Yield
2.7%
Cash on Cash
-11.1%
Cap Rate
2.2%
5Y IRR
6.9%
10Y IRR
7.9%
Property Type-Detached
MLS® Number-X13845784
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-130.15 × 677 ft
Listed on site-Sep 30, 2026
Style-Sidesplit 4
Building Type-Detached
Taxes-$6,298 (2026)
Parking-8 - Attached
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 HERITAGE GROUP LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Block
Sewer-Septic
Possession-15-30 Days
Neighbourhood-Greensville
Title-Residential Freehold

No agent assigned

Welcome to 390 Sydenham Road, where country space meets everyday comfort on two acres in ruralDundas. A concrete driveway leads to a welcoming home with a covered front porch, hardwoodfloors and generous windows overlooking the greenery. The spacious kitchen offers abundantcabinetry, a centre island, a double wall oven, along with an induction cooktop andrefrigerator both purchased in 2024. Flexible living spaces make room for quiet evenings andgatherings. Upstairs, a bright primary bedroom with exposed ceiling beams opens to a privatebalcony, with a dedicated heat pump for personalized comfort. The primary bathroom with afreestanding tub and glass shower door add a spa-like touch. The 20' x 30' workshop is heatedby natural gas and has its own 100-amp electrical service and alarm system, offering space forprojects, hobbies and storage. Recent improvements include windows, a tankless water heater,water softener and UV water treatment system (2023); roof shingles, vinyl siding, soffits andeavestroughs (2024); and a computerized continuous-pressure jet pump system for the well(2024). The home also features forced-air heating, central air conditioning and 200-ampservice. An oversized septic system was installed approximately 10 years ago. Enjoy space to work and unwind close to the heart of Dundas.

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

Closing Costs

Mortgage Amount
$1,599,999
Land Transfer Taxes$36,475
Legal Fees (Est.)
$
Total cash required for closing$437,975

Total Monthly Obligation

$8,967/mo
Mortgage $8,067
Monthly Loss $6,844
Principal$2,123
Interest$5,945
Property Tax$525
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.9%11
Cash-on-Cash
-13.9%0
5-Year IRR
4.6%10
10-Year IRR
6.4%
Returns Index
6.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$53,304/yr
NOI
$37,176/yr
Net Cash Flow
-$4,969/mo
Cash Margin
-111.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.383
LTV Ratio
80.0%18
Vacancy Buffer
1.1 mo18
Risk Index
13.0/ 100

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

Comparables

Properties near 390 Sydenham Road

Time

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