1 Pelican Lane, Hamilton
Hamilton
$699,999
Cash flow, cap rate & mortgage breakdown
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Listed by INTERCITY REALTY INC.
Investment Analysis
Key Facts
Type
Att/Row/Townhouse
Bedrooms
3
Bathrooms
3
Days on Market
72
Price Drop
7%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,450/mo
Estimated from market price-to-rent ratios
Remarks
Beautiful 3 Bed 2.5 Bath Two Storied, features a spacious, foyer leading into an open - concept living and dining area with large windows, perfect for entertaining .The modern kitchen boasts a center island, quartz counter top, Stainless steel appliances and stylish backsplash. Upstairs, the primary bedroom offers a 4 piece ensuite and walk-in closet with two additional bright and spacious bedroom and the convenience of an upstairs laundry. Located in a family -friendly neighborhood, school just 3 mins , recreation center 3 mins and close to go station, plaza and serene creeks , close to highways and transit. Perfect blend of convenience and comfort. Available For Immediate Possession.
MississaugaInvestor.ca
1 Pelican Lane
Att/Row/Townhouse · 3bd/3ba · ~1,750 sqft
$699,999
Cash-Flow Report · July 31, 2026
Cap Rate
1.34%
Monthly Cash Flow
-$2,438/mo
Estimated Rent
$2,450/mo
Cash-on-Cash
-19.06%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,450 |
| Mortgage | −$3,222 |
| Property Tax | −$735 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$583 |
| Vacancy (5%) | −$123 |
| Cash Flow | -$2,438/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$29,400 |
| Vacancy (5%) | −$1,470 |
| Property Tax | −$8,820 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$7,000 |
| Annual NOI | $9,410 |
| Cap Rate | 1.34% |
Cash Required to Close
| Down Payment (20%) | $139,999.8 |
| Ontario Land Transfer Tax | $10,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $153,474.8 |
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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