37 Lilacside Drive, Hamilton

$699,900
37 Lilacside Drive

$699,900

New
6d
DetachedBungalow

37 Lilacside Drive, Hamilton

Total Monthly Obligation $3,571

HausQ Valuation Report
Beds
5
Baths
2
Park
4
Sqft
700-1100
DOM
6d
Score
19
Yield
4.8%
Cash on Cash
-3.5%
Cap Rate
3.8%
5Y IRR
12.8%
10Y IRR
12.4%
Property Type-Detached
MLS® Number-X14091988
Beds-5
Bathrooms-2
Size-700-1100 sqft
Lot Size-44.65 × 112 ft
Listed on site-Oct 17, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$4,471 (2025)
Parking-4 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Vinyl Siding, Brick Front
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Thorner
Title-Residential Freehold

No agent assigned

This fully renovated LEGAL DUPLEX is the perfect opportunity for homeowners and investors alike. Featuring two brand-new kitchens with quartz countertops, two brand-new bathrooms, and new vinyl flooring throughout, this property has been completely upgraded with modern finishes. Every detail has been carefully considered, including new doors, baseboards, updated electrical, and new plumbing. The main floor offers three spacious bedrooms, one bathroom, and its own separate laundry, while the lower-level unit features two bedrooms, one bathroom, and separate laundry as well. Located on a quiet street, this home is just steps from Limeridge Mall, banks, parks, schools, and has convenient highway access. Situated on a great-sized lot with a long driveway, this property is ideal for large families or those looking for an income-generating opportunity. Live in one unit while renting out the other to help offset mortgage costs or lease both for a strong return on investment., . A 24-hour notice is required to view the lower unit. RSA.

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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

$3,571/mo
Mortgage $2,823
Monthly Loss $2,828
Principal$743
Interest$2,080
Property Tax$373
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.3%1
5-Year IRR
9.1%29
10-Year IRR
9.9%
Returns Index
15.9/ 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
$33,720/yr
NOI
$21,377/yr
Net Cash Flow
-$1,042/mo
Cash Margin
-37.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
23.3/ 100

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

Comparables

Properties near 37 Lilacside 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.

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Data last updated within the past 24 hours.