1966 Main Street W 809, Hamilton

$329,900
1966 Main Street W 809

$329,900

New
2d
Condo ApartmentApartment

1966 Main Street W 809, Hamilton

Total Monthly Obligation $2,850

Bed+Den
4+1
Baths
2
Park
1
Sqft
1000-1199
DOM
2d
Score
28
Yield
11.4%
Cash on Cash
7.1%
Cap Rate
6.1%
5Y IRR
21.2%
10Y IRR
19.3%
Property Type-Condo Apartment
MLS® Number-X14104792
Bed+Den-4+1
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 21, 2026
Style-Apartment
Building Type-Condo Apartment
Age-51-99
Taxes-$3,180 (2026)
Maintenance-$1,054.5/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Baseboard (Electric)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-FLEX
Neighbourhood-Ainslie Wood
Title-Residential Condo & Other

No agent assigned

Welcome to elevated parkside living in vibrant West Hamilton! This stunning 8th-floor condo is a HUGE unit that offers an exceptional layout paired with breathtaking, unobstructed views overlooking lush green parkland and nature. Step inside to an inviting, light-filled living area designed for comfort and effortless entertaining. The functional dining area features custom built-in cabinetry, offering both style and everyday convenience. Besides 3 bedrooms and 2 baths a standout feature of this home is the cleverly designed flex nook! A converted storage space transformed into a cozy, dedicated home office space. Wake up every morning to peaceful tree-lined views, serene natural surroundings, and beautiful greenery right outside your window. Whether you are a professional, investor, or student looking for space and location, this turn-key residence delivers the ideal balance of city lifestyle and peaceful retreat. Prime West Hamilton Location: Situated in a highly sought-after neighborhood known for its perfect mix of urban convenience and natural beauty. Nature & Recreation at Your Doorstep: Directly overlooking local parkland and moments away from scenic hiking trails, and lush green conservation spaces. Minutes to McMaster University and McMaster Children's Hospital, making it a high-demand location for academics, medical professionals, and students.Transit & Commuter Friendly: Excellent access to public transit routes, GO Transit options, and major highway connections (Hwy 403) for easy travel throughout the GTHA. Close to Westdale Village, offering boutique shops, cozy cafes, restaurants, grocery stores, and local entertainment.

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

Closing Costs

Mortgage Amount
$263,920
Land Transfer Taxes$3,424
Legal Fees (Est.)
$
Total cash required for closing$70,904

Total Monthly Obligation

$2,850/mo
Mortgage $1,331
Monthly Loss $2,500
Principal$350
Interest$981
Property Tax$265
Condo Fees$1,055
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.8%35
Cash-on-Cash
-0.4%7
5-Year IRR
16.0%77
10-Year IRR
15.9%
Returns Index
40.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
28/ 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
$37,692/yr
NOI
$15,689/yr
Net Cash Flow
-$23/mo
Cash Margin
-0.7%4
Cash Flow Index
4.1/ 100
Risk Profile
Weight: 20%
DSCR
0.9826
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo56
Risk Index
33.4/ 100

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

Comparables

Properties near 1966 Main Street W 809

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.