123 SKINNER Road, Hamilton

$809,990
123 SKINNER Road

$809,990

New
22d
Att/Row/Townhouse3-Storey

123 SKINNER Road, Hamilton

Total Monthly Obligation $4,111

Beds
3
Baths
3
Park
1
Sqft
1500-2000
DOM
22d
Score
18
Yield
4.8%
Cash on Cash
-3.7%
Cap Rate
3.8%
5Y IRR
12.6%
10Y IRR
12.3%
Property Type-Att/Row/Townhouse
MLS® Number-X13852002
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-20 × 90.39 ft
Listed on site-Oct 1, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Age-6-15
Taxes-$5,624.5 (2026)
Parking-2 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-IMMEDIATE
Neighbourhood-Waterdown
Title-Residential Freehold

No agent assigned

Welcome home to 123 Skinner Road in desirable Mountainview Heights, steps to Historic Waterdown Village. This beautifully updated 1,870 sq ft townhome has been thoughtfully refreshed for 2026, leaving nothing to do but move in and fall in love. The main, second and third levels are freshly painted (walls, trim and doors alike) and finished with sleek black hardware. Rich new laminate flooring flows throughout, complemented by all-new light fixtures inside and out. The heart of the home is the main-level kitchen, offering an eat-in area, an island with its own sink and room for stools, plus a dedicated space for TV watching and family time; perfect for everyday living and entertaining. A new fridge and a new stove with convection/air-fry complete the space. Upstairs, two comfortable bedrooms with walk-in closets and a stylish four-piece bathroom are joined by a bright, versatile bonus room, ideal as a second family room, kids' playroom or home office. The entire third level is your primary suite, with a spacious walk-in closet, a four-piece ensuite with soaker tub and separate shower, and a private balcony overlooking the yard. Downstairs, the unfinished basement houses the new washer and dryer and a cold storage room ready for wine or preserves, with plenty of space left over to make your own. Stay cool all summer with new A/C (2026). Outside, professionally landscaped gardens wrap front to back with side access, complemented by a new deck for summer gatherings. Waterdown offers schools, shopping, parks, the YMCA and quick access to Hwy 403/407 and GO service, connecting you within minutes to Oakville, Burlington, Hamilton and the GTA. Don't be TOO LATE*! *REG TM. RSA.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$647,992
Land Transfer Taxes$12,675
Legal Fees (Est.)
$
Total cash required for closing$176,173

Total Monthly Obligation

$4,111/mo
Mortgage $3,267
Monthly Loss $3,251
Principal$860
Interest$2,407
Property Tax$469
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.2%1
5-Year IRR
9.2%30
10-Year IRR
9.9%
Returns Index
16.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$38,952/yr
NOI
$24,932/yr
Net Cash Flow
-$1,190/mo
Cash Margin
-36.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo37
Risk Index
21.1/ 100

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

Comparables

Properties near 123 SKINNER Road

Time

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Data last updated within the past 24 hours.