40 Zinfandel Drive 35, Hamilton

$550,000
40 Zinfandel Drive 35

$550,000

Price Change
9d
Common Element Condo3-Storey

40 Zinfandel Drive 35, Hamilton

Total Monthly Obligation $2,952

Beds
2
Baths
2
Park
1
Sqft
1400-1599
DOM
9d
Score
74
Yield
10.6%
Cash on Cash
20.5%
Cap Rate
9.0%
5Y IRR
32.4%
10Y IRR
29.1%
Property Type-Common Element Condo
MLS® Number-X14034392
Beds-2
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Oct 14, 2026
Style-3-Storey
Building Type-Common Element Condo
Age-0-5
Taxes-$4,458.36 (2026)
Maintenance-$161.91/mo
Locker-None
Parking-2 - Attached
Basement-Other
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE STATE REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-Electric, Living Room
Pool-None
Exterior-Brick Veneer, Stone
Roof-Asphalt Shingle
Foundation-Concrete
Possession-TBD/Flexible
Neighbourhood-Winona
Title-Residential Condo & Other

No agent assigned

Welcome to this beautiful, nearly new 2023-built executive common-element townhouse in desirable Stoney Creek, District 51. Thoughtfully designed across three levels, this stylish 2-bedroom, 2-bathroom home combines contemporary finishes, functional living space and an exceptional location near the Niagara Escarpment and Lake Ontario. Enter at ground level into the foyer featuring a convenient 2-piece bath, inside entry from the garage and access to the utility room. Follow the staircase to the bright, open-concept main level where the living room, dining area and kitchen flow seamlessly together-ideal for both everyday living and entertaining. The kitchen is anchored by an approximately 10-ft island, complemented by stainless steel appliances, an over-the-range microwave, pendant lighting and a generous 7'8" x 4'7" walk-in pantry. The living area features an electric fireplace and a cozy alcove perfectly suited for a love seat or reading area. Step outside to the covered balcony with glass railings and enjoy southwest views toward the Escarpment-a wonderful extension of the living space. Upstairs, you'll find two well-proportioned bedrooms with exceptional storage. The primary bedroom features an approximately 5'x6' walk-in closet, while the second bedroom offers an approximate 6'8"x7'10" walk-in closet. A 4-piece bathroom and convenient upper-level laundry complete this floor. Finished in an attractive stone and brick exterior, this executive townhome offer slow-maintenance living in one of Stoney Creek's growing communities. Ideally positioned between Fifty Road/QEW and Winona Road, with convenient access to Fifty Point Conservation Area &Marina, Winona Park, shopping, restaurants, highway access and the popular Winona Peach Festival. Modern. Spacious. Low maintenance. A wonderful place to call home

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$440,000
Land Transfer Taxes$7,475
Legal Fees (Est.)
$
Total cash required for closing$118,975

Total Monthly Obligation

$2,952/mo
Mortgage $2,219
Monthly Loss $2,368
Principal$584
Interest$1,635
Property Tax$372
Condo Fees$162
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
7.9%72
Cash-on-Cash
14.3%75
5-Year IRR
27.5%99
10-Year IRR
25.2%
Returns Index
83.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeA
74/ 100
Good•Buy

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$58,176/yr
NOI
$43,557/yr
Net Cash Flow
$1,411/mo
Cash Margin
29.1%94
Cash Flow Index
94.4/ 100
Risk Profile
Weight: 20%
DSCR
1.6482
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo53
Risk Index
51.1/ 100

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

Comparables

Properties near 40 Zinfandel Drive 35

Time

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