23 Tara Court, Hamilton

$749,000
23 Tara Court

$749,000

New
22d
DetachedBungalow-Raised

23 Tara Court, Hamilton

Total Monthly Obligation $3,840

HausQ Valuation Report
Beds
4
Baths
2
Park
2
Sqft
1100-1500
DOM
22d
Score
19
Yield
5.0%
Cash on Cash
-3.0%
Cap Rate
3.9%
5Y IRR
13.2%
10Y IRR
12.7%
Property Type-Detached
MLS® Number-X13852336
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-40 × 100 ft
Listed on site-Oct 1, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$5,325.74 (2026)
Parking-2 - Built-In
Basement-Apartment, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-flexible
Neighbourhood-Gershome
Title-Residential Freehold

No agent assigned

Welcome to this spacious and versatile 3-bedroom, 2-bath raised bungalow, ideally situated on a quiet, family-friendly cul-de-sac street.The main level offers a bright and inviting living space, dining area and functional kitchen, and generously sized bedrooms. The fully finished basement with a separate entrance provides exceptional flexibility and can be ideal for an in-law suite, extended family, or potential income-generating opportunity.Enjoy the privacy and peaceful setting of a cul-de-sac while still being conveniently located close to schools, parks, shopping, restaurants, transportation, and everyday amenities.With its practical raised-bungalow layout, finished lower level, separate entrance, and peaceful location, this home offers comfort, flexibility, and plenty of possibilities for familiesA wonderful opportunity in a sought-after setting - don't miss it!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$599,200
Land Transfer Taxes$11,455
Legal Fees (Est.)
$
Total cash required for closing$162,755

Total Monthly Obligation

$3,840/mo
Mortgage $3,021
Monthly Loss $3,045
Principal$795
Interest$2,226
Property Tax$444
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.7%1
5-Year IRR
9.6%33
10-Year IRR
10.3%
Returns Index
17.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$37,428/yr
NOI
$23,859/yr
Net Cash Flow
-$1,033/mo
Cash Margin
-33.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
22.3/ 100

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

Comparables

Properties near 23 Tara Court

Time

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