1 Fenton Drive, Hamilton

$1,019,999
1 Fenton Drive

$1,019,999

New
7d
Detached2-Storey

1 Fenton Drive, Hamilton

Total Monthly Obligation $5,042

Beds
3
Baths
4
Park
2
Sqft
1500-2000
DOM
7d
Score
19
Yield
4.9%
Cash on Cash
-2.8%
Cap Rate
4.0%
5Y IRR
13.4%
10Y IRR
12.8%
Property Type-Detached
MLS® Number-X14086302
Beds-3
Bathrooms-4
Size-1500-2000 sqft
Lot Size-47.57 × 94.81 ft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Detached
Age-31-50
Taxes-$6,634.67 (2026)
Parking-4 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-KELLER WILLIAMS EDGE REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Brick, Other
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-FLEXIBLE
Neighbourhood-Waterdown
Title-Residential Freehold

No agent assigned

Welcome to this bright and spacious two-storey detached home nestled in a mature West Waterdown neighbourhood. The main floor offers a generous, functional layout with hardwood flooring, and an updated kitchen featuring quartz countertops and nice cabinetry complete with under cabinet lighting. The walkout to the backyard adds to the convenience of this home, while leading to the newer raised deck-perfect for outdoor entertaining and enjoying. The upper level offers three great-sized bedrooms, including a spacious primary bedroom with its own separate updated 3 piece ensuite bathroom, and walk-in closet. The additional 4-piece bath outside the other main bedrooms completes the functionality of the upper level. The spacious lower level provides a comfortable recreation room with hardwood flooring and pot lights throughout, along with an additional bonus room space ideal for a home office, playroom or gym. The double garage adds plenty of parking and storage convenience. Ideally located close to schools, parks, shopping, restaurants and all the amenities Waterdown has to offer. A wonderful opportunity for those looking for a spacious home in an established neighbourhood.

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

Closing Costs

Mortgage Amount
$815,999
Land Transfer Taxes$16,875
Legal Fees (Est.)
$
Total cash required for closing$222,375

Total Monthly Obligation

$5,042/mo
Mortgage $4,114
Monthly Loss $3,960
Principal$1,083
Interest$3,032
Property Tax$553
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.0%1
5-Year IRR
10.1%36
10-Year IRR
10.7%
Returns Index
19.2/ 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
$50,268/yr
NOI
$34,107/yr
Net Cash Flow
-$1,272/mo
Cash Margin
-30.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.6910
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo29
Risk Index
19.1/ 100

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

Comparables

Properties near 1 Fenton Drive

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.