175 Lormont Boulevard, Hamilton

$699,900
175 Lormont Boulevard

$699,900

New
8d
Att/Row/Townhouse2-Storey

175 Lormont Boulevard, Hamilton

Total Monthly Obligation $3,636

HausQ Valuation Report
Beds
3
Baths
3
Park
2
Sqft
1500-2000
DOM
8d
Score
19
Yield
4.9%
Cash on Cash
-3.6%
Cap Rate
3.8%
5Y IRR
12.7%
10Y IRR
12.3%
Property Type-Att/Row/Townhouse
MLS® Number-X14084790
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-19.69 × 113.38 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-6-15
Taxes-$5,248.3 (2025)
Parking-3 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Natural Gas
Pool-None
Facing-South
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Stoney Creek Mountain
Title-Residential Freehold

No agent assigned

Backing onto greenspace, a brand new park, walking path and running track, this beautiful, spacious, freshly painted and functional, townhome by Desantis, located in the highly desirable Felker neighbourhood offers the interior and exterior space most townhomes don't. This comfortable residence features 1,840 square feet of open-concept living space, enhanced by black stainless steel appliances, and a breakfast peninsula. The living room is filled with natural light, and the home boasts a thoughtfully designed layout. Additional highlights include a fenced yard with, no rear neighbours, second-floor laundry, and generously sized bedrooms, including a master ensuite with 4pc bathroom and walk-in closet. The property showcases beautiful, neutral finishes and an unspoiled basement, providing a perfect canvas for personal customization. It is conveniently situated just steps from Saltfleet Secondary School and minutes from elementary schools, grocery stores, restaurants, amenities, recreation centre, and access to the Red Hill/Link Parkways and QEW.

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

Closing Costs

Mortgage Amount
$559,920
Land Transfer Taxes$10,473
Legal Fees (Est.)
$
Total cash required for closing$151,953

Total Monthly Obligation

$3,636/mo
Mortgage $2,823
Monthly Loss $2,893
Principal$743
Interest$2,080
Property Tax$437
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%19
Cash-on-Cash
-8.4%1
5-Year IRR
9.0%29
10-Year IRR
9.9%
Returns Index
15.8/ 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
$34,440/yr
NOI
$21,248/yr
Net Cash Flow
-$1,053/mo
Cash Margin
-36.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo43
Risk Index
23.0/ 100

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

Comparables

Properties near 175 Lormont Boulevard

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.