617 Scenic Drive, Hamilton

$1,149,999
617 Scenic Drive

$1,149,999

New
16d
DetachedSidesplit 4

617 Scenic Drive, Hamilton

Total Monthly Obligation $5,878

HausQ Valuation Report
Beds
4
Baths
3
Park
4
Sqft
2000-2500
DOM
16d
Score
16
Yield
4.3%
Cash on Cash
-6.6%
Cap Rate
3.2%
5Y IRR
10.3%
10Y IRR
10.5%
Property Type-Detached
MLS® Number-X13873546
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-111 × 132 ft
Listed on site-Oct 7, 2026
Style-Sidesplit 4
Building Type-Detached
Taxes-$10,375.16 (2025)
Parking-6 - Attached
Basement-Crawl Space, Half
Heating-Forced Air (Gas)
Brokerage-RE/MAX ABOUTOWNE REALTY CORP.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-60-89 days
Neighbourhood-Westcliffe
Title-Residential Freehold

No agent assigned

Welcome to 617 Scenic Drive, where exceptional views, generous living space and a remarkable Hamilton Mountain setting come together. Located along one of Westcliffe's most scenic stretches near the Niagara Escarpment, this impressive home is filled with natural light and designed to showcase its elevated surroundings.The bright, open-concept layout features a spacious living area with fireplace, a well-appointed kitchen with ample counter space and a large island, and a dining area ideal for both everyday living and entertaining. The primary bedroom offers a private ensuite, while three additional bedrooms provide plenty of space for family, guests or a home office.Outside, enjoy a private backyard with plenty of room to relax, entertain or enjoy the surrounding scenery. Close to Chedoke trails, golf, shopping, Mohawk College, Highway 403 and the LINC, this home offers an excellent combination of space, scenery and convenience.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$919,999
Land Transfer Taxes$19,475
Legal Fees (Est.)
$
Total cash required for closing$250,975

Total Monthly Obligation

$5,878/mo
Mortgage $4,639
Monthly Loss $4,658
Principal$1,221
Interest$3,418
Property Tax$865
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.4%1
5-Year IRR
7.4%20
10-Year IRR
8.6%
Returns Index
11.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$49,680/yr
NOI
$29,837/yr
Net Cash Flow
-$2,152/mo
Cash Margin
-52.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.545
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo25
Risk Index
16.3/ 100

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

Comparables

Properties near 617 Scenic Drive

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.

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Data last updated within the past 24 hours.