195 Queen Victoria Drive 38, Hamilton

$469,000
195 Queen Victoria Drive 38

$469,000

New
17d
Condo Townhouse2-Storey

195 Queen Victoria Drive 38, Hamilton

Total Monthly Obligation $2,919

HausQ Valuation Report
Beds
3
Baths
1
Park
2
Sqft
1000-1199
DOM
17d
Score
21
Yield
6.8%
Cash on Cash
-1.2%
Cap Rate
4.3%
5Y IRR
14.6%
10Y IRR
13.8%
Property Type-Condo Townhouse
MLS® Number-X13865574
Beds-3
Bathrooms-1
Size-1000-1199 sqft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-31-50
Taxes-$3,192.34 (2026)
Maintenance-$561.33/mo
Locker-None
Parking-3 - Attached
Basement-Finished, Walk-Up
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-30 + days
Neighbourhood-Quinndale
Title-Residential Condo & Other

No agent assigned

Welcome to 195 Queen Victoria Drive! A beautifully maintained end-unit townhome nestled in a family friendly East Mountain neighbourhood. This property features a long list of recent updates including a new fridge (2025) washer (2025) dryer (2026) windows (2024), brand new A/C and furnace (2026) new garage door (2026). The finished basement provides additional living space, perfect for a recreation room, home office, or a second family space, while the garage offers convenient direct access into the home. Offering low maintenance living, 1 minute from the Lincoln M Alexander Pky, a 5 minute drive to Limeridge Mall, surrounded by parks, schools and all major amenities. With this functional layout, numerous major appliance upgrades, and fantastic location, there is nothing left to do but pack your boxes and move right in!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$375,200
Land Transfer Taxes$5,855
Legal Fees (Est.)
$
Total cash required for closing$101,155

Total Monthly Obligation

$2,919/mo
Mortgage $1,892
Monthly Loss $2,421
Principal$498
Interest$1,394
Property Tax$266
Condo Fees$561
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.4%2
5-Year IRR
10.8%41
10-Year IRR
11.4%
Returns Index
21.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$31,740/yr
NOI
$16,238/yr
Net Cash Flow
-$539/mo
Cash Margin
-20.4%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7211
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo56
Risk Index
28.1/ 100

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

Comparables

Properties near 195 Queen Victoria Drive 38

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.