8 Hemlock Way 6, Grimsby

$569,900
8 Hemlock Way 6

$569,900

New
7d
Att/Row/Townhouse2-Storey

8 Hemlock Way 6, Grimsby

Total Monthly Obligation $3,011

Beds
2
Baths
2
Park
1
Sqft
1100-1500
DOM
7d
Score
20
Yield
5.2%
Cash on Cash
-2.2%
Cap Rate
4.1%
5Y IRR
13.8%
10Y IRR
13.2%
Property Type-Att/Row/Townhouse
MLS® Number-X14087728
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Lot Size-15.09 × 91.86 ft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-16-30
Taxes-$4,049.72 (2026)
Parking-2 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE NRC REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-541 - Grimsby West
Title-Residential Freehold

No agent assigned

Welcome to this beautifully maintained, two-story freehold townhouse located in one of Grimsby's most sought-after neighbourhoods. The modern, open-concept main floor seamlessly blends the eat-in kitchen with a spacious living and dining combo, where a sliding door opens to your private balcony. Designed for effortless living, the upper level features two comfortable bedrooms and convenient second-floor laundry. The finished basement adds excellent versatility, complete with a handy powder room and a walk-out to a fully fenced backyard. Lower level can be converted to a third bedroom. Superbly located just minutes from top-tier schools, parks, shopping, the community center, and award-winning wineries, this home offers quick access to main roads and the QEW. Whether you are a first-time buyer or looking to downsize, a motivated seller makes this an opportunity you don't want to miss.

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

Closing Costs

Mortgage Amount
$455,920
Land Transfer Taxes$7,873
Legal Fees (Est.)
$
Total cash required for closing$123,353

Total Monthly Obligation

$3,011/mo
Mortgage $2,299
Monthly Loss $2,406
Principal$605
Interest$1,694
Property Tax$337
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.5%1
5-Year IRR
9.7%34
10-Year IRR
10.4%
Returns Index
17.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$29,880/yr
NOI
$18,342/yr
Net Cash Flow
-$770/mo
Cash Margin
-30.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo54
Risk Index
26.9/ 100

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

Comparables

Properties near 8 Hemlock Way 6

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.