
51 President Drive, Hamilton
Hamilton
$998,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX ESCARPMENT REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
6
Bathrooms
4
Days on Market
56
Price Drop
None
Year Built
N/A
Status
Withdrawn
Basement Income
None Detected
Rent Estimate
$3,450/mo
Estimated from market price-to-rent ratios
Remarks
Come and experience this exceptional 4-storey backsplit in one of Stoney Creek's most prestigious and sought-after neighbourhoods! Perfect for large or multi-generational families, this spacious home offers 4+2 bedrooms, 3 bathrooms, stunning finishes, and an incredible layout designed for both everyday living and entertaining. The bright open concept living and dining area flows seamlessly into a large kitchen featuring stainless steel appliances, ample cabinetry, and plenty of workspace for the home chef. Retreat to the spa-like ensuite with an exceptional reclaimed brick accent wall. Enjoy a separate family room for cozy nights in, plus a huge bonus room in the basement offering endless possibilities for a games room, home gym, office, or additional living space. 2 car garage with a driveway that holds an additional 6 cars! Situated on an enormous, ultra-private lot backing onto the beautiful escarpment, this property offers the perfect blend of luxury, privacy, and nature. A rare opportunity to own a truly special family home in an unbeatable Stoney Creek location! Seller willing to reinstall sliding door.
MississaugaInvestor.ca
51 President Drive
Detached · 6bd/4ba · ~2,250 sqft
$998,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.41%
Monthly Cash Flow
-$3,422/mo
Estimated Rent
$3,450/mo
Cash-on-Cash
-18.75%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,450 |
| Mortgage | −$4,594 |
| Property Tax | −$1,048 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$832 |
| Vacancy (5%) | −$173 |
| Cash Flow | -$3,422/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$41,400 |
| Vacancy (5%) | −$2,070 |
| Property Tax | −$12,575 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$9,980 |
| Annual NOI | $14,075 |
| Cap Rate | 1.41% |
Cash Required to Close
| Down Payment (20%) | $199,600 |
| Ontario Land Transfer Tax | $16,435 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $219,035 |
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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