408 Sanatorium Road, Hamilton

$574,900
408 Sanatorium Road

$574,900

New
2d
Detached1 1/2 Storey

408 Sanatorium Road, Hamilton

Total Monthly Obligation $3,103

HausQ Valuation Report
Beds
4
Baths
2
Park
3
Sqft
1100-1500
DOM
2d
Score
24
Yield
6.5%
Cash on Cash
3.0%
Cap Rate
5.2%
5Y IRR
18.0%
10Y IRR
16.6%
Property Type-Detached
MLS® Number-X14102406
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-50 × 100 ft
Listed on site-Oct 21, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-51-99
Taxes-$4,905.29 (2026)
Parking-3 - None
Basement-Separate Entrance, Full, Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE STATE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Westcliffe
Title-Residential Freehold

No agent assigned

What if you stopped looking for perfect and started looking for potential? Well THIS is it: a West Hamilton Mountain home with the kind of location and flexibility that can be hard to find at this price point. This 1.5-storey home on a 50x100 lot features 3+1 bedrooms, 2 bathrooms, a private lot and driveway, plus in-law suite potential for buyers looking for multigenerational living, space for older kids or extended family. And the location? Minutes to Mohawk College, mountain accesses and everyday amenities. For a first-time buyer, investor, renovator or buyer looking for a Hamilton home with in-law potential, this is an opportunity to take a solid home in a great location and make it your own.

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

Closing Costs

Mortgage Amount
$459,920
Land Transfer Taxes$7,973
Legal Fees (Est.)
$
Total cash required for closing$124,453

Total Monthly Obligation

$3,103/mo
Mortgage $2,319
Monthly Loss $2,493
Principal$610
Interest$1,709
Property Tax$409
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.3%29
Cash-on-Cash
-2.7%4
5-Year IRR
13.6%61
10-Year IRR
13.4%
Returns Index
32.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$37,632/yr
NOI
$24,464/yr
Net Cash Flow
-$280/mo
Cash Margin
-8.9%1
Cash Flow Index
0.8/ 100
Risk Profile
Weight: 20%
DSCR
0.8818
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo51
Risk Index
29.4/ 100

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

Comparables

Properties near 408 Sanatorium Road

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.