22 Parkview Row, Hamilton

$2,150,000
22 Parkview Row

$2,150,000

New
8d
Detached1 1/2 Storey

22 Parkview Row, Hamilton

Total Monthly Obligation $9,704

Beds
3
Baths
3
Park
2
Sqft
2000-2500
DOM
8d
Score
13
Yield
2.0%
Cash on Cash
-14.3%
Cap Rate
1.5%
5Y IRR
4.4%
10Y IRR
6.0%
Property Type-Detached
MLS® Number-X14083652
Beds-3
Bathrooms-3
Size-2000-2500 sqft
Lot Size-62.25 × 106 ft
Listed on site-Oct 15, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$7,875.3 (2026)
Parking-3 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE STATE REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-West
Exterior-Hardboard
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Dundas
Title-Residential Freehold

No agent assigned

Imagine morning coffee overlooking the park, strolls into town for dinner or ice cream, Thursday market visits, summer concerts, winter skating and all of the nearby trails and waterfalls to explore - welcome to 22 Parkview Row. A stunning transformation in an extraordinary setting. Fronting onto the Dundas Driving Park, this charming 1.5-storey cottage was originally built as the Park Gardener's home. Today, its timeless character blends beautifully with thoughtful renovations and a remarkable 2024 addition. The addition introduces a 1.5-car garage with interior access through a new mudroom, a custom walk-in closet and an upstairs wellness retreat. Unwind in the Jacuzzi tub beside a two-sided gas fireplace shared with the wellness lounge, or recharge in the three-person Clearlight infrared sauna with red light therapy. Pocket doors provide flexibility and privacy, while dedicated heating and cooling serve the new space. Wide-plank hardwood, custom built-ins, new blinds and fresh paint bring a cohesive finish throughout. An opened-up front entry and updated fireplace stone and mantel enhance the welcoming main floor. The kitchen and main floor were fully renovated in 2017, along with updated electrical and a finished basement with an additional bathroom. A new fridge and microwave were added in 2025.Outside, a tranquil garden retreat awaits. Beautiful professional landscaping creates inviting places to bask in the sun, read a good book or nurture your own garden, while the rich IPE wood deck offers a lovely setting to gather. A rare opportunity to enjoy a piece of Dundas history, thoughtfully transformed for modern living, with the park right across the street.

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%
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$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$1,720,000
Land Transfer Taxes$40,225
Legal Fees (Est.)
$
Total cash required for closing$471,725

Total Monthly Obligation

$9,704/mo
Mortgage $8,673
Monthly Loss $7,422
Principal$2,282
Interest$6,390
Property Tax$656
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.2%8
Cash-on-Cash
-16.8%0
5-Year IRR
2.4%5
10-Year IRR
4.7%
Returns Index
3.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
13/ 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
$42,900/yr
NOI
$26,235/yr
Net Cash Flow
-$6,486/mo
Cash Margin
-181.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.252
LTV Ratio
80.0%18
Vacancy Buffer
1.0 mo17
Risk Index
12.3/ 100

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

Comparables

Properties near 22 Parkview Row

Time

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