500 Green Road 1118, Hamilton

$579,900
500 Green Road 1118

$579,900

New
2d
Condo Apartment1 Storey/Apt

500 Green Road 1118, Hamilton

Total Monthly Obligation $3,767

Bed+Den
3+1
Baths
2
Park
1
Sqft
1000-1199
DOM
2d
Score
20
Yield
7.0%
Cash on Cash
-1.9%
Cap Rate
4.2%
5Y IRR
14.1%
10Y IRR
13.4%
Property Type-Condo Apartment
MLS® Number-X14103692
Bed+Den-3+1
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 21, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-31-50
Taxes-$3,159.69 (2026)
Maintenance-$965/mo
Locker-Exclusive
Parking-2 - Underground
Basement-Apartment
Heating-Forced Air (Electric)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Stoney Creek
Title-Residential Condo & Other

No agent assigned

Experience resort like living at it's finest with endless amenities & with nearly all inclusive condo fees - a RARE FIND! Beautifully updated throughout with stunning lake and sunset views from your suite, this 2 Bedroom + Den, 1.5 bath Luxury Waterfront condo is nestled directly on the shores of Lake Ontario and features a sprawling floorplan + enjoy stunning panoramic lake views and breathtaking views of the evening skies on the outdoor terrace complete with a heated inground pool! Featuring an open concept floorplan tastefully renovated throughout including luxurious flooring, modern chef's kitchen w/ granite countertops, custom cabinetry, pantry & stainless steel appliances and large custom island with accent lighting that overlooks the spacious entertaining areas including a large living room, separate dining room and large den. The bright and spacious primary retreat is flooded w/ natural lighting & features a large walk-in closet & modern 2pc bath w/ marble countertops. A 2nd spacious bedroom w/ large windows and closet, renovated 4pc bath w/ marble countertops & in-suite laundry complete this elegantly appointed suite. Step out to the large and private balcony, offering exceptional scenic views! The "Shoreliner" offers premium building amenities: heated outdoor pool, fitness room, hot tub, sauna, workshop, BBQ area, party room, workshop & more! Steps from Lake Ontario, parks, waterfront trails from Stoney Creek to Burlington and mins to hwy access and GO Station. Don't miss out! Underground parking & 1 locker included. Condo fees include: Heat, Hydro, Water, Cable TV, Internet, Common Elements, Building Insurance, Parking, Locker & more! Don't miss out!

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

Closing Costs

Mortgage Amount
$463,920
Land Transfer Taxes$8,073
Legal Fees (Est.)
$
Total cash required for closing$125,553

Total Monthly Obligation

$3,767/mo
Mortgage $2,339
Monthly Loss $3,152
Principal$616
Interest$1,724
Property Tax$263
Condo Fees$965
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.8%1
5-Year IRR
10.5%39
10-Year IRR
11.2%
Returns Index
20.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$40,776/yr
NOI
$19,559/yr
Net Cash Flow
-$709/mo
Cash Margin
-20.9%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo41
Risk Index
23.0/ 100

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

Comparables

Properties near 500 Green Road 1118

Time

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