43 Henley Drive, Hamilton

$899,900
43 Henley Drive

$899,900

New
2d
DetachedBacksplit 5

43 Henley Drive, Hamilton

Total Monthly Obligation $4,536

Beds
3
Baths
2
Park
2
Sqft
2000-2500
DOM
2d
Score
17
Yield
4.4%
Cash on Cash
-5.6%
Cap Rate
3.4%
5Y IRR
11.1%
10Y IRR
11.1%
Property Type-Detached
MLS® Number-X14101196
Beds-3
Bathrooms-2
Size-2000-2500 sqft
Lot Size-50 × 189.87 ft
Listed on site-Oct 21, 2026
Style-Backsplit 5
Building Type-Detached
Taxes-$6,372.95 (2026)
Parking-4 - Attached
Basement-Full, Finished, Walk-Up
Heating-Forced Air (Gas)
Brokerage-Royal LePage State Realty
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Stoney Creek
Title-Residential Freehold

No agent assigned

SPACE, VERSATILITY & LOCATION! Welcome to this impressive custom-built 5-level backsplit, set on an oversized 50ft x 189.87 ft. lot in a beautiful, established Stoney Creek neighbourhood. Designed with growing and multi-generational families in mind, and with over 3000 sq. ft. of liveable space, this home offers incredible flexibility with multiple eat-in kitchens, living areas and separate entrances and is completely carpet-free. A large welcoming foyer leads to bright eat- in kitchen, the spacious living room, and dining room. Upstairs features 3 generous bedrooms with hardwood floors and a 5-piece bathroom. The lower level is made for gathering, complete with a second kitchen, dining area and family room with fireplace. Sliding doors open to a 3-season sunroom overlooking the expansive backyard and beautiful gardens. A 4-piece bathroom and convenient side entrance to the backyard complete this level. Downstairs, you'll find even more living space with a third kitchen, extra-large rec room, abundant storage and a walk-up to the double-car garage. The lowest level offers laundry, a large utility room, workshop and cold room. Enjoy added peace of mind with furnace, A/C and roof replaced in 2023, plus new garage doors in 2026. This home is close and convenient to QEW, Lake Ontario, schools, and parks. Five levels. Three kitchens. Incredible space. Endless possibilities. A rare opportunity for a growing or multi-generational family to make this exceptional Stoney Creek property their own!

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

Closing Costs

Mortgage Amount
$719,920
Land Transfer Taxes$14,473
Legal Fees (Est.)
$
Total cash required for closing$195,953

Total Monthly Obligation

$4,536/mo
Mortgage $3,630
Monthly Loss $3,581
Principal$955
Interest$2,675
Property Tax$531
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.8%1
5-Year IRR
7.9%23
10-Year IRR
9.0%
Returns Index
12.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$39,456/yr
NOI
$24,637/yr
Net Cash Flow
-$1,577/mo
Cash Margin
-48.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
19.2/ 100

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

Comparables

Properties near 43 Henley Drive

Time

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