11 Woodman Drive S 204, Hamilton

$329,000
11 Woodman Drive S 204

$329,000

New
8d
Condo ApartmentMulti-Level

11 Woodman Drive S 204, Hamilton

Total Monthly Obligation $2,401

Beds
2
Baths
1
Park
1
Sqft
900-999
DOM
8d
Score
23
Yield
8.5%
Cash on Cash
1.4%
Cap Rate
4.9%
5Y IRR
16.7%
10Y IRR
15.5%
Property Type-Condo Apartment
MLS® Number-X14034794
Beds-2
Bathrooms-1
Size-900-999 sqft
Listed on site-Oct 15, 2026
Style-Multi-Level
Building Type-Condo Apartment
Age-16-30
Taxes-$2,195.69 (2026)
Maintenance-$690.63/mo
Locker-Exclusive
Parking-1 - Surface
Basement-None
Heating-Baseboard (Electric)
Brokerage-RE/MAX REAL ESTATE CENTRE INC.
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBD
Neighbourhood-Corman
Title-Residential Condo & Other

No agent assigned

Welcome to Unit 204 at 11 Woodman Drive South, where space, comfort, and convenience come together in this beautifully maintained, move-in ready 2-bedroom, 1-bathroom condominium offering an impressive 961 sq. ft. of living space! This bright and inviting suite features a functional, well-designed layout with generously sized principal rooms, providing the perfect combination of comfort and practicality. The spacious living and dining areas offer plenty of room for relaxing, entertaining, and everyday living, while the desirable south-facing exposure allows for an abundance of natural light. Both bedrooms are generously proportioned, offering flexibility for family, overnight guests, or a home office. Whether you're a first-time buyer, downsizer looking to simplify without sacrificing space, or an investor seeking an excellent opportunity, this home has plenty to offer. Enjoy the added convenience of an included parking space and private storage locker. Ideally situated in a well-established Hamilton community, you're just minutes from shopping, restaurants, parks, schools, public transit, and easy highway access, making everyday living effortless. With its spacious layout, convenient location, and move-in ready condition, this condominium offers exceptional value and the ease of low-maintenance living. Simply move in, unpack, and enjoy everything this wonderful home has to offer!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$263,200
Land Transfer Taxes$3,410
Legal Fees (Est.)
$
Total cash required for closing$70,710

Total Monthly Obligation

$2,401/mo
Mortgage $1,327
Monthly Loss $2,051
Principal$349
Interest$978
Property Tax$183
Condo Fees$691
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.1%2
5-Year IRR
12.0%50
10-Year IRR
12.5%
Returns Index
25.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$27,984/yr
NOI
$12,302/yr
Net Cash Flow
-$302/mo
Cash Margin
-12.9%0
Cash Flow Index
0.4/ 100
Risk Profile
Weight: 20%
DSCR
0.7713
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo69
Risk Index
33.2/ 100

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

Comparables

Properties near 11 Woodman Drive S 204

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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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.