228 Golden Orchard Drive, Hamilton

$549,800
228 Golden Orchard Drive

$549,800

New
21d
Semi-Detached Bungalow-Raised

228 Golden Orchard Drive, Hamilton

Total Monthly Obligation $2,964

Beds
3
Baths
2
Park
4
Sqft
700-1100
DOM
21d
Score
20
Yield
5.4%
Cash on Cash
-2.0%
Cap Rate
4.2%
5Y IRR
14.0%
10Y IRR
13.4%
Property Type-Semi-Detached
MLS® Number-X13855198
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-15.83 × 141.43 ft
Listed on site-Oct 2, 2026
Style-Bungalow-Raised
Building Type-Semi-Detached
Age-51-99
Taxes-$4,453.02 (2026)
Parking-4 - None
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-KELLER WILLIAMS COMPLETE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Aluminum Siding, Brick Veneer
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Gourley
Title-Residential Freehold

No agent assigned

Welcome to this semi-detached bungalow located in a highly desirable West Mountain neighbourhood on a quiet, family-friendly court. Surrounded by young families and within walking distance to schools, parks, and beautiful wooded green spaces, this location offers the perfect setting for family living. Enjoy convenient access to shopping, amenities, and major highway routes for an easy commute. Situated on a large pie-shaped, fully fenced lot, the private backyard provides ample space for entertaining, relaxing, or letting children and pets play safely. A bonus side patio area behind a substantial privacy fence offers additional outdoor storage or space for recreational equipment such as a canoe, small boat, or bicycles. The private driveway accommodates up to four small vehicles. Inside, this rare bungalow features a functional layout with a spacious family room, kitchen, dining area, 3 bedrooms, and a 4-piece bathroom. The finished basement offers exceptional versatility with space for a recreation room, playroom, home gym, office, or additional family living area. Completing the lower level are the 3-piece bathroom, laundry and utility area, and generous storage space. Major updates include shingles (2020), eavestroughs, soffit and fascia (2020), furnace and central air conditioning (2020), vinyl windows (2010), and fencing (2019 & 2023). (Dates approximate). Furniture is negotiable, perfect for first-time buyers. A solid, well-cared-for home offering privacy, flexibility, and excellent value in one of West Mountain's most sought-after neighbourhoods.

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

Closing Costs

Mortgage Amount
$439,840
Land Transfer Taxes$7,471
Legal Fees (Est.)
$
Total cash required for closing$118,931

Total Monthly Obligation

$2,964/mo
Mortgage $2,218
Monthly Loss $2,380
Principal$584
Interest$1,634
Property Tax$371
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.4%1
5-Year IRR
9.8%34
10-Year IRR
10.5%
Returns Index
18.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$29,736/yr
NOI
$17,809/yr
Net Cash Flow
-$734/mo
Cash Margin
-29.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo55
Risk Index
27.3/ 100

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

Comparables

Properties near 228 Golden Orchard Drive

Time

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