
563 6th Concession Road, Hamilton
Hamilton
$1,499,800
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX REAL ESTATE CENTRE INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
2
Days on Market
63
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$3,950/mo
Estimated from market price-to-rent ratios
Remarks
Stunning Upgraded Spacious Large Detached Double Car Garage Bungalow, 2538 Square feet Above grade Plus Additional Approximately 1300 Square feet Finished Basement In the Millgrove Community in Rural Flamborpugh, set on a Private 14.83 Acre Property. This raised bungalow has 3+2 bedrooms, 2 bathrooms and has recently been renovated with Approximately $150.000 in Quality Upgrades, with a modern custom designer white kitchen, and upgraded spacious kitchen. island, Newer Light fixtures, Upgraded with Quartz Ciountertops, Undermount sink, upgraded back splash, upgraded exhaust hood vent out, with Upgraded stainless steel appliances for a modern, and futuristic Look. Also Upgraded and Renovated with a 3 piece ensuite Bathroom in the Primary Bedroom, renovated main bathroom. Upgraded with newer doors and trims throughout. In the winter enjoy peace and tranquility, with the warmth of your own air-tight wood fireplace, in the spacious dining room or cozy up by the gas fireplace in the cozy sunken living room. The large primary bedroom complete with its own private outdoor walk out balcony, enjoying rest and relaxation, in a Muskoka Like setting! This house has a modern and renovated family bathroom and, and stunning ensuite bathroom off the primary bedroom. Entertain guests on the large deck off the dining room overlooking this large, wooded and private property, enjoy Barbecue, Glass of wine. The two-car garage has plenty of room for your cars or would make a great place to entertain with friends and family. Spacious Large Finished Basement with two additional Bedrooms for Guests, large Recreation Room with a Fireplace, Laundry room in. the Basement with a laundry sink and window. Lots of extra storage.
MississaugaInvestor.ca
563 6th Concession Road
Detached · 5bd/2ba · ~2,750 sqft
$1,499,800
Cash-Flow Report · July 31, 2026
Cap Rate
0.56%
Monthly Cash Flow
-$6,201/mo
Estimated Rent
$3,950/mo
Cash-on-Cash
-22.59%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,950 |
| Mortgage | −$6,903 |
| Property Tax | −$1,575 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,250 |
| Vacancy (5%) | −$198 |
| Cash Flow | -$6,201/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$47,400 |
| Vacancy (5%) | −$2,370 |
| Property Tax | −$18,897 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$14,998 |
| Annual NOI | $8,435 |
| Cap Rate | 0.56% |
Cash Required to Close
| Down Payment (20%) | $299,960 |
| Ontario Land Transfer Tax | $26,471 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $329,431 |
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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