
21 Dorchester Terrace, Hamilton
Hamilton
$650,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX REALTY SERVICES INC.
Investment Analysis
Key Facts
Type
Att/Row/Townhouse
Bedrooms
4
Bathrooms
4
Days on Market
77
Price Drop
12%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,700/mo
Estimated from market price-to-rent ratios
Remarks
This impressive corner-unit townhome offers stylish living filled with natural light in one of the area's most highly sought-after communities, where 4-bedroom layouts are rarely available. Featuring 4 bedrooms, 3 full washrooms, and a convenient powder room, this beautifully maintained home combines comfort, functionality, and modern finishes throughout. The main level features an adequately sized fourth bedroom alongside a versatile recreation room with walkout to the patio and direct access to a 4-piece washroom - ideal for guests, extended family, or a private home office setup. Elegant piano-style hardwood stairs lead to the upper levels, adding warmth and character to the home. The second level showcases a bright open-concept layout with a stunning great room featuring satin-finished hardwood flooring, pot lights, and an abundance of windows that fill the space with natural light. The modern eat-in kitchen is complete with stainless steel appliances and walkout to a private deck, perfect for entertaining or everyday enjoyment. The third level offers 3 additional bedrooms, including a spacious primary retreat with walk-in closet and 4-piece ensuite bath, along with the added convenience of 3rd floor laundry. Laminate flooring throughout the upper and lower levels enhances the home's modern appeal while maintaining a completely carpet-free interior. The extended driveway finished with patio stones allows parking for 2 vehicles outside in addition to the garage. Ideally located close to major highways, shopping, schools, parks, transit, and everyday amenities. Beautifully maintained, vacant, and ready for you to move in and enjoy immediate occupancy.
MississaugaInvestor.ca
21 Dorchester Terrace
Att/Row/Townhouse · 4bd/4ba · ~1,750 sqft
$650,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.06%
Monthly Cash Flow
-$1,877/mo
Estimated Rent
$2,700/mo
Cash-on-Cash
-15.81%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,700 |
| Mortgage | −$2,992 |
| Property Tax | −$683 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$542 |
| Vacancy (5%) | −$135 |
| Cash Flow | -$1,877/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$32,400 |
| Vacancy (5%) | −$1,620 |
| Property Tax | −$8,190 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$6,500 |
| Annual NOI | $13,390 |
| Cap Rate | 2.06% |
Cash Required to Close
| Down Payment (20%) | $130,000 |
| Ontario Land Transfer Tax | $9,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $142,475 |
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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