74 OAK KNOLL Drive, Hamilton

$2,380,000
74 OAK KNOLL Drive

$2,380,000

New
17d
Detached2 1/2 Storey

74 OAK KNOLL Drive, Hamilton

Total Monthly Obligation $11,497

Beds
5
Baths
5
Park
4
Sqft
3500-5000
DOM
17d
Score
14
Yield
2.9%
Cash on Cash
-12.1%
Cap Rate
2.0%
5Y IRR
6.1%
10Y IRR
7.3%
Property Type-Detached
MLS® Number-X13869384
Beds-5
Bathrooms-5
Size-3500-5000 sqft
Lot Size-110 × 90.56 ft
Listed on site-Oct 6, 2026
Style-2 1/2 Storey
Building Type-Detached
Age-51-99
Taxes-$18,265 (2026)
Parking-6 - Detached
Basement-Full, Finished, Walk-Up
Heating-Other (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Other
Laundry-No
Fireplace-Natural Gas
Pool-Inground
Facing-South
Exterior-Brick, Stone
Roof-Asphalt Shingle, Flat
Foundation-Concrete Block, Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Westdale
Title-Residential Freehold

No agent assigned

This is the kind of home people wait years for-quietly set along one of Hamilton's most distinguished streets, set on an oversized, double-width lot and framed by an exceptional natural backdrop. With the Royal Botanical Gardens quite literally at your doorstep, you're surrounded by lush forest, winding trails, and the beauty of Cootes Paradise just moments away.The home itself strikes a rare balance between character and contemporary comfort.Original details have been preserved and elevated, while thoughtful renovations have introduced a striking layout designed for modern living.At the centre of it all is a beautifully appointed kitchen with granite finishes, effortlessly connecting to an expansive family room where the dramatic ceiling height and curved wall creates a true sense of space and light.The main living areas feel both refined and welcoming, with detailed millwork, rich hardwood floors, and a statement fireplace anchoring the space.One of the home's most distinctive touches is the elevated library-an architectural feature that adds both character and function, overlooking the family room below.Upstairs, the bedrooms are generously proportioned and filled with natural light.The primary suite offers a walk-through w/i closet that opens to a spa-like ensuite, making everyday living feel effortless. The lower level has been fully finished with versatility in mind, offering an entertainment lounge, additional bedroom, full bathroom with in-floor heating, and a separate exercise area-ideal for growing families or hosting guests.Parking is never a concern here, with a wide driveway accommodating multiple vehicles in addition to a dble garage. All of this is set within the vibrant Westdale community, where excellent schools, McMaster University, and a charming village filled with cafés, dining spots, and everyday amenities, all within walking distance.It's a lifestyle location that's as connected as it is serene. Some photos virtually enhanced. Luxury Certified

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,904,000
Land Transfer Taxes$45,975
Legal Fees (Est.)
$
Total cash required for closing$523,475

Total Monthly Obligation

$11,497/mo
Mortgage $9,600
Monthly Loss $8,971
Principal$2,526
Interest$7,074
Property Tax$1,522
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.7%10
Cash-on-Cash
-14.8%0
5-Year IRR
4.0%8
10-Year IRR
6.0%
Returns Index
5.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$69,000/yr
NOI
$39,335/yr
Net Cash Flow
-$6,322/mo
Cash Margin
-110.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.343
LTV Ratio
80.0%18
Vacancy Buffer
0.8 mo15
Risk Index
12.0/ 100

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

Comparables

Properties near 74 OAK KNOLL Drive

Time

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Data last updated within the past 24 hours.