
29- 10 Cadham Boulevard, Hamilton
Hamilton
$569,900
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX REAL ESTATE CENTRE INC.
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
3
Bathrooms
2
Days on Market
171
Price Drop
5%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,250/mo
Estimated from market price-to-rent ratios
Remarks
Lovingly maintained by the original owner, this charming 3-bedroom, 2-bath townhome sits on one of the largest lots in the community at 10 Cadham. With a low condo road/common area fee, it's an ideal opportunity for first-time buyers, those looking to build equity, or anyone ready to step up from condo living. A rare double car driveway plus single garage offers parking for three vehicles. Ample street and visitor parking. Step inside to a long, tiled foyer open two storeys high, highlighted by a sweeping curved staircase with maple banister and a conveniently located 2-piece powder room. The open-concept kitchen, living, and dining area features ceramic tile and hardwood flooring, large windows, and sliding glass doors that flood the space with natural light. Walk out to a private backyard with mature gardens, perfect for relaxing or entertaining. Upstairs, enjoy a loft area open to below and three well-sized bedrooms with large closets and cozy carpeting. The spacious primary bedroom includes a bright walk-in closet with a window and ample storage. The unfinished lower level offers excellent potential to expand your living space and currently includes the laundry area and generous storage. Centrally located on Hamilton Mountain, just minutes to the Red Hill Parkway with easy access to the QEW and LINC, and close to public transit, schools, parks, and shopping. Includes: existing fridge, stove, washer & dryer, electric fireplace, automatic garage door opener, and more!
MississaugaInvestor.ca
29- 10 Cadham Boulevard
Condo Townhouse · 3bd/2ba · ~1,300 sqft
$569,900
Cash-Flow Report · August 1, 2026
Cap Rate
2.46%
Monthly Cash Flow
-$1,455/mo
Estimated Rent
$2,250/mo
Cash-on-Cash
-13.98%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,250 |
| Mortgage | −$2,623 |
| Property Tax | −$598 |
| Insurance | −$225 |
| Condo Fee | −$146 |
| Vacancy (5%) | −$113 |
| Cash Flow | -$1,455/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$27,000 |
| Vacancy (5%) | −$1,350 |
| Property Tax | −$7,181 |
| Insurance | −$2,700 |
| Condo Fee | −$1,752 |
| Annual NOI | $14,017 |
| Cap Rate | 2.46% |
Cash Required to Close
| Down Payment (20%) | $113,980 |
| Ontario Land Transfer Tax | $7,873 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $124,853 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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