1890 Rymal Road E 57, Hamilton

$699,800
1890 Rymal Road E 57

$699,800

New
2d
Att/Row/Townhouse2-Storey

1890 Rymal Road E 57, Hamilton

Total Monthly Obligation $3,657

Beds
3
Baths
3
Park
1
Sqft
1500-2000
DOM
2d
Score
18
Yield
4.8%
Cash on Cash
-4.3%
Cap Rate
3.7%
5Y IRR
12.2%
10Y IRR
11.9%
Property Type-Att/Row/Townhouse
MLS® Number-X14104794
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-20 × 86.22 ft
Listed on site-Oct 21, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-6-15
Taxes-$5,505.48 (2026)
Parking-2 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-KELLER WILLIAMS COMPLETE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick Veneer, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-60-89 days
Neighbourhood-Rural Glanbrook
Title-Residential Freehold

No agent assigned

Discover modern living in this attractive Branthaven-built freehold townhome in Stoney Creek Mountain's popular Summit Park neighbourhood! Completed in 2018, this 2-storey home features 1,582 sqft of finished above-grade living space, combining beautiful finishes with a practical design. Located on a quiet, private block at the back of the development, this home features upgraded laminate flooring, tile, and stainless steel appliances. The main level is designed for easy living, with a bright layout that brings the kitchen, dining area, and living room together in one inviting space, while a convenient 2-piece bathroom completes the main floor. Upstairs you'll find 3 spacious bedrooms with neutral carpeting, including the primary bedroom featuring a generous walk-in closet and a 4-piece ensuite with double sinks and a large glass-enclosed shower. A second full bathroom with a bathtub and a dedicated second-floor laundry room add to the home's everyday convenience. Downstairs, the large unfinished basement is ready for your imagination, providing ample opportunity to create a recreation space, home gym, extra bedrooms, or a custom retreat. Located in a prime area close to top-rated schools, parks, the expansive 193-acre Eramosa Karst Conservation Area, SmartCentres shopping, numerous restaurants, and daily essentials all nearby. Commuters will appreciate convenient connections to The Linc, Red Hill Parkway, and the QEW. Don't miss out on this amazing opportunity to enjoy the benefits of freehold ownership in a well-established, family-friendly community!

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

Closing Costs

Mortgage Amount
$559,840
Land Transfer Taxes$10,471
Legal Fees (Est.)
$
Total cash required for closing$151,931

Total Monthly Obligation

$3,657/mo
Mortgage $2,823
Monthly Loss $2,914
Principal$743
Interest$2,080
Property Tax$459
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.1%1
5-Year IRR
8.5%26
10-Year IRR
9.5%
Returns Index
14.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$33,624/yr
NOI
$20,256/yr
Net Cash Flow
-$1,135/mo
Cash Margin
-40.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo43
Risk Index
22.6/ 100

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

Comparables

Properties near 1890 Rymal Road E 57

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.