1420 Garth Street 16, Hamilton

$414,900
1420 Garth Street 16

$414,900

New
8d
Condo Townhouse2-Storey

1420 Garth Street 16, Hamilton

Total Monthly Obligation $2,755

HausQ Valuation Report
Beds
3
Baths
2
Park
1
Sqft
1000-1199
DOM
8d
Score
22
Yield
7.4%
Cash on Cash
-0.5%
Cap Rate
4.5%
5Y IRR
15.2%
10Y IRR
14.3%
Property Type-Condo Townhouse
MLS® Number-X14089262
Beds-3
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-31-50
Taxes-$3,121.44 (2026)
Maintenance-$621.35/mo
Locker-None
Parking-1 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Aluminum Siding, Brick
Foundation-Concrete
Possession-Flexible
Neighbourhood-Falkirk
Title-Residential Condo & Other

No agent assigned

Don't miss out on this gorgeously renovated end unit in sought after West Mountain complex. Brand new kitchen boasts granite counters, island with pendant lighting, oversized sink, backsplash, glass-front cabinetry, stainless steel double door fridge, built in dishwasher, over-the-range microwave and range with ceramic cooktop. Open concept main floor features new vinyl flooring, separate dining room and spacious living room with sliding patio door leading out to the back yard. Convenient main floor powder room. New dimming pot lights throughout home! New vinyl flooring upstairs in 3 spacious bedrooms with one full bath on upper level. Tiled kitchen and bathroom areas. Fully finished basement with recreation room and office with vinyl flooring. Spacious laundry room includes washer & dryer and lots of storage space. One assigned parking, and second parking via Regent Ave, and ample visitor parking available. Convenient living at its best - located close to the Linc, shopping, schools, bus routes, park, and so much more. Condo fee includes exterior maintenance, building insurance, snow removal, lawn care, parking, water, cable tv, AND high-speed internet!! Includes one assigned parking spot and ample visitor parking. Nothing to do but move in!

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

Closing Costs

Mortgage Amount
$331,920
Land Transfer Taxes$4,773
Legal Fees (Est.)
$
Total cash required for closing$89,253

Total Monthly Obligation

$2,755/mo
Mortgage $1,674
Monthly Loss $2,315
Principal$440
Interest$1,233
Property Tax$260
Condo Fees$621
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.5%23
Cash-on-Cash
-6.1%2
5-Year IRR
11.1%43
10-Year IRR
11.7%
Returns Index
22.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$30,696/yr
NOI
$14,649/yr
Net Cash Flow
-$453/mo
Cash Margin
-17.7%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo59
Risk Index
29.5/ 100

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

Comparables

Properties near 1420 Garth Street 16

Time

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