238 Skinner Road, Hamilton

$899,990
238 Skinner Road

$899,990

New
21d
Semi-Detached 2-Storey

238 Skinner Road, Hamilton

Total Monthly Obligation $4,530

HausQ Valuation Report
Beds
3
Baths
3
Park
1
Sqft
1500-2000
DOM
21d
Score
17
Yield
4.4%
Cash on Cash
-5.7%
Cap Rate
3.4%
5Y IRR
11.1%
10Y IRR
11.1%
Property Type-Semi-Detached
MLS® Number-X13852920
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-24 × 70 ft
Listed on site-Oct 2, 2026
Style-2-Storey
Building Type-Semi-Detached
Age-0-5
Taxes-$6,300 (2025)
Parking-2 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-TFN REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-occupied
Neighbourhood-Waterdown
Title-Residential Freehold

No agent assigned

Welcome to 238 Skinner Road, where refined style meets the ease of everyday living in Waterdown. Step inside to a bright, open-concept main floor designed for relaxed evenings and effortless entertaining. A fireplace anchors the living area, while the kitchen's stainless steel appliances add a polished touch. An oak staircase with striking black iron details leads to three bedrooms and the convenience of second-floor laundry. With three bathrooms, inside access to the garage, and Waterdown's shops, restaurants, and commuter routes nearby, this is a home you'll be excited to make your own. Aldershot GO Station, and highways 403 and 407 nearby, this home offers comfort and convenience.Don't miss this incredible opportunity! Please note: Most photographs have been virtually staged to illustrate the home's potential layout, furnishings, and decor.

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Closing Costs

Mortgage Amount
$719,992
Land Transfer Taxes$14,475
Legal Fees (Est.)
$
Total cash required for closing$195,973

Total Monthly Obligation

$4,530/mo
Mortgage $3,630
Monthly Loss $3,575
Principal$955
Interest$2,675
Property Tax$525
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.8%1
5-Year IRR
7.9%22
10-Year IRR
8.9%
Returns Index
12.5/ 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
$39,240/yr
NOI
$24,516/yr
Net Cash Flow
-$1,587/mo
Cash Margin
-48.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
19.2/ 100

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

Comparables

Properties near 238 Skinner Road

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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Data last updated within the past 24 hours.