170 Spitfire Drive, Hamilton

$715,000
170 Spitfire Drive

$715,000

New
17d
Att/Row/Townhouse3-Storey

170 Spitfire Drive, Hamilton

Total Monthly Obligation $3,259

Beds
3
Baths
3
Park
2
Sqft
1500-2000
DOM
17d
Score
21
Yield
4.7%
Cash on Cash
-0.9%
Cap Rate
4.4%
5Y IRR
14.8%
10Y IRR
14.0%
Property Type-Att/Row/Townhouse
MLS® Number-X13867432
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-20.42 × 63.47 ft
Listed on site-Oct 6, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Parking-2 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ABOUTOWNE REALTY CORP.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Mount Hope
Title-Residential Freehold

No agent assigned

Welcome to this beautifully upgraded freehold townhouse offering 1,836 sq. ft. above grade plus an unfinished 462 sq. ft. basement, providing endless potential. Thoughtfully enhanced throughout, this modern home features new laminate flooring on the main level, custom accent walls, updated light fixtures, zebra blinds throughout, and a convenient laundry room with granite countertop and undermount sink. The open-concept second floor is perfect for entertaining, showcasing a chef-inspired kitchen with quartz countertops, built-in appliances, a large centre island, walk-in pantry, and walkout to the balcony. The spacious family room is highlighted by a custom built-in TV feature wall with a stunning three-sided electric fireplace. The third level offers a generous primary suite with a walk-in closet and 3-piece ensuite, plus two additional bedrooms, including one with a private balcony. An unfinished basement provides excellent storage or future living space. Move-in ready with stylish upgrades throughout! Taxes amount not yet assessed.

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

Closing Costs

Mortgage Amount
$572,000
Land Transfer Taxes$10,775
Legal Fees (Est.)
$
Total cash required for closing$155,275

Total Monthly Obligation

$3,259/mo
Mortgage $2,884
Monthly Loss $2,500
Principal$759
Interest$2,125
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.6%2
5-Year IRR
11.1%43
10-Year IRR
11.4%
Returns Index
22.8/ 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
$33,900/yr
NOI
$26,010/yr
Net Cash Flow
-$717/mo
Cash Margin
-25.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7512
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo49
Risk Index
26.3/ 100

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

Comparables

Properties near 170 Spitfire Drive

Time

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Data last updated within the past 24 hours.