1967 Main Street W 7, Hamilton

$550,000
1967 Main Street W 7

$550,000

New
9d
Condo TownhouseMulti-Level

1967 Main Street W 7, Hamilton

Total Monthly Obligation $3,392

Beds
4
Baths
2
Park
1
Sqft
1200-1399
DOM
9d
Score
19
Yield
6.2%
Cash on Cash
-3.9%
Cap Rate
3.7%
5Y IRR
12.5%
10Y IRR
12.1%
Property Type-Condo Townhouse
MLS® Number-X14082078
Beds-4
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 14, 2026
Style-Multi-Level
Building Type-Condo Townhouse
Age-31-50
Taxes-$3,757 (2025)
Maintenance-$660.09/mo
Locker-None
Parking-2 - Attached
Basement-Finished
Heating-Baseboard (Electric)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Block
Possession-Flexible
Neighbourhood-Ainslie Wood
Title-Residential Condo & Other

No agent assigned

Stunning end-unit townhouse in the highly sought-after Ainslie Wood West neighbourhood of Hamilton. Nestled within a picturesque complex surrounded by nature, this home offers the perfect blend of tranquility and convenience. Ideally located just minutes from the charming communities of Dundas and Ancaster. Enjoy close proximity to Tiffany Falls, scenic walking trails, parks, restaurants, shopping, public transit, Highway 403, the Lincoln M. Alexander Parkway, and McMaster University/Hospital. Nestled among mature trees, this home is one of the few that offers a walk-out from the living room to a private backyard with stunning escarpment views, and breathtaking sunrises and sunsets. The beauty of this home lies in its timeless design, featuring hardwood floors, expansive windows, and patio doors that seamlessly bring the surrounding natural landscape indoors. Soft neutral tones throughout create a serene and inviting atmosphere, promoting relaxation and a true sense of well-being. The entertaining area offers a bright light filled living room with sliding patio door with transom window, and a spacious dining area just off the kitchen. There is also a main floor bedroom/den that's perfect as a kids' playroom, additional bedroom/guest room, or home office-flexible space to suit your family's needs. The upper level offers a 4-piece bathroom featuring an elegant vanity topped with honed stone countertop and beveled-edge detailing & 3 spacious bedrooms (primary with oversized extra deep closet and all with custom closet doors). Finished basement complete with a convenient powder room-ideal for extra living space, a play area, or a family rec room. Equipped with an efficient Mitsubishi ductless heat pump split unit system for both heating and air conditioning, ensuring year-round comfort and owned hot water tank (Dec 2023). Enjoy exceptional outdoor living with 2 private balconies and a beautiful stone patio. Parking for 2 vehicles with both a garage and driveway space.

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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

$3,392/mo
Mortgage $2,219
Monthly Loss $2,808
Principal$584
Interest$1,635
Property Tax$313
Condo Fees$660
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.6%1
5-Year IRR
9.0%29
10-Year IRR
10.0%
Returns Index
15.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$33,864/yr
NOI
$16,400/yr
Net Cash Flow
-$852/mo
Cash Margin
-30.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.627
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo47
Risk Index
24.1/ 100

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

Comparables

Properties near 1967 Main Street W 7

Time

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