272 Gatestone Drive, Hamilton

$949,900
272 Gatestone Drive

$949,900

New
7d
DetachedBungalow

272 Gatestone Drive, Hamilton

Total Monthly Obligation $4,764

Beds
5
Baths
4
Park
2
Sqft
1500-2000
DOM
7d
Score
16
Yield
4.1%
Cash on Cash
-6.8%
Cap Rate
3.1%
5Y IRR
10.2%
10Y IRR
10.4%
Property Type-Detached
MLS® Number-X14088982
Beds-5
Bathrooms-4
Size-1500-2000 sqft
Lot Size-49.65 × 115.07 ft
Listed on site-Oct 16, 2026
Style-Bungalow
Building Type-Detached
Age-16-30
Taxes-$6,688.2 (2026)
Parking-4 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE STATE REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas, Family Room
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-30-59 days
Neighbourhood-Stoney Creek Mountain
Title-Residential Freehold

No agent assigned

Welcome to 272 Gatestone Drive, ideally situated in the highly desirable community of Upper Stoney Creek! This DeSantis built Pinewood model is a beautifully maintained all brick and stone bungalow that showcases true pride of ownership throughout. Offering 2+3 bedrooms and 4 bathrooms, the thoughtfully designed layout features two main floor bedrooms with private ensuites. A permitted three-season sunroom provides the perfect spot to relax and enjoy the warmer months, while the fully fenced backyard offers privacy and outdoor enjoyment. The double car garage with convenient inside entry adds everyday practicality, and the fully finished lower level offers excellent in-law potential. An outstanding location that is hard to beat! Nestled in a sought after Upper Stoney Creek neighbourhood, you are just moments from parks, schools, shopping, and everyday amenities. Enjoy the convenience of an established community with everything you need close to home, making this an ideal setting for families and those looking to enjoy a connected, comfortable lifestyle. Combining quality construction, a versatile layout, and a fantastic location, this lovingly cared for home is a wonderful opportunity to make your next move!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$759,920
Land Transfer Taxes$15,473
Legal Fees (Est.)
$
Total cash required for closing$206,953

Total Monthly Obligation

$4,764/mo
Mortgage $3,832
Monthly Loss $3,756
Principal$1,008
Interest$2,823
Property Tax$557
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.8%1
5-Year IRR
7.1%19
10-Year IRR
8.4%
Returns Index
10.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$39,072/yr
NOI
$23,977/yr
Net Cash Flow
-$1,834/mo
Cash Margin
-56.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo32
Risk Index
18.3/ 100

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

Comparables

Properties near 272 Gatestone Drive

Time

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Data last updated within the past 24 hours.