
1318 Concession 6 N/A, Hamilton
Hamilton
$1,999,999
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX ESCARPMENT REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
4
Days on Market
128
Price Drop
5%
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$4,250/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to 1318 Concession Road 6 W, Millgrove - where luxury meets country living. Originally built as the model home in 2011, this stunning 2,833 sq ft stone and stucco bungalow sits on a breathtaking 2.53-acre lot (100 x 1,102 ft) with professional landscaping, an inground pool, pergola and a long private asphalt driveway. The grand main entrance opens to a thoughtfully designed layout featuring rich hardwood floors, coffered ceilings and elegant columns. The living room boasts a propane fireplace, while the chef's kitchen impresses with granite counters, glazed cabinetry and Viking Professional appliances, flowing seamlessly to a breakfast room with deck and pergola access - perfect for entertaining poolside. The principal suite offers a spa-like five-piece ensuite with jacuzzi tub, double sinks and a walk-in closet. Two additional main floor bedrooms, a four-piece bath, and a convenient laundry room with garage access complete the main level. The fully finished basement with nine-foot ceilings adds two bedrooms, a three-piece bath and a large family room with propane fireplace - ideal for extended family. Additional highlights include a three-car garage, cistern, drilled well, septic, 200-amp panel, whole-home generator, inground irrigation, central vac, new furnace (2023) and California shutters throughout. A rare opportunity - this is country luxury at its finest. RSA.
MississaugaInvestor.ca
1318 Concession 6 N/A
Detached · 4bd/4ba · ~2,750 sqft
$1,999,999
Cash-Flow Report · July 31, 2026
Cap Rate
0.03%
Monthly Cash Flow
-$9,161/mo
Estimated Rent
$4,250/mo
Cash-on-Cash
-25.01%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,250 |
| Mortgage | −$9,206 |
| Property Tax | −$2,100 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,667 |
| Vacancy (5%) | −$213 |
| Cash Flow | -$9,161/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$51,000 |
| Vacancy (5%) | −$2,550 |
| Property Tax | −$25,200 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$20,000 |
| Annual NOI | $550 |
| Cap Rate | 0.03% |
Cash Required to Close
| Down Payment (20%) | $399,999.8 |
| Ontario Land Transfer Tax | $36,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $439,474.8 |
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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