87 Soules Square, Hamilton

$949,900
87 Soules Square

$949,900

New
21d
Detached2-Storey

87 Soules Square, Hamilton

Total Monthly Obligation $4,207

HausQ Valuation Report
Beds
4
Baths
4
Park
2
Sqft
2500-3000
DOM
21d
Score
20
Yield
4.5%
Cash on Cash
-1.9%
Cap Rate
4.2%
5Y IRR
14.1%
10Y IRR
13.4%
Property Type-Detached
MLS® Number-X13855514
Beds-4
Bathrooms-4
Size-2500-3000 sqft
Lot Size-35.99 × 98.43 ft
Listed on site-Oct 2, 2026
Style-2-Storey
Building Type-Detached
Age-0-5
Parking-4 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-ROYAL CANADIAN REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Binbrook
Title-Residential Freehold

No agent assigned

Welcome to this stunning, less than one year old, brand-new 4-bedroom detached home. This two-storey residence offers approximately 2,680 sq. ft. of bright, open-concept living space, thoughtfully designed for modern families. The main floor features a spacious family room, a formal dining area, and a large kitchen with a convenient breakfast area. Upstairs, you'll find four generously sized bedrooms, including a primary retreat, along with a total of three full washrooms on the second level. Situated on a 35.99 ft. x 98.43 ft. lot, this home showcases a classic brick and vinyl exterior, a two-car attached garage, central air humidifier and parking for up to four vehicles. Ideally located near Binbrook Road and Fletcher Road, you're just moments from everyday amenities. Experience the perfect blend of comfort and style in this beautiful new build.

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

Closing Costs

Mortgage Amount
$759,920
Land Transfer Taxes$15,473
Legal Fees (Est.)
$
Total cash required for closing$206,953

Total Monthly Obligation

$4,207/mo
Mortgage $3,832
Monthly Loss $3,198
Principal$1,008
Interest$2,823
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-6.0%2
5-Year IRR
10.8%41
10-Year IRR
11.1%
Returns Index
21.6/ 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
$42,480/yr
NOI
$33,732/yr
Net Cash Flow
-$1,021/mo
Cash Margin
-28.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
21.8/ 100

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

Comparables

Properties near 87 Soules Square

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.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.