
6- 100 Watershore Drive, Hamilton
Hamilton
$1,599,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX ULTIMATE REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
4
Days on Market
47
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$4,050/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to this exceptional newer home in the award-winning Residences at Watershore community in Stoney Creek. Just steps from the shores of Lake Ontario, this stunning Elm Model offers the perfect blend of modern design, comfort, and upscale living. With over $200,000.00 in updgrades, it features 4 spacious bedrooms, 4 beautifully appointed bathrooms, and a fully finished basement, this home showcases thousands of dollars in premium upgrades throughout. The designer kitchen is a true showpiece, complete with extended cabinetry, elegant crown moulding, an oversized island, and soft-close cabinets and drawers-including a convenient Lazy Susan. Quartz countertops and upgraded faucets add a touch of luxury to both the kitchen and bathrooms. Thoughtfully designed with pot lights throughout and motion-sensor lighting in secondary closets, the home offers both style and functionality. The inviting family room features a custom-built entertainment unit paired with a stunning marble fireplace-perfect for relaxing or entertaining.Engineered hardwood flooring flows seamlessly across the main and second floors, while the basement is finished with high-quality luxury vinyl flooring.Step outside to enjoy the convenience of a natural gas BBQ line, ideal for effortless outdoor entertaining. The fully upgraded garage is a standout feature, complete with epoxy flooring, slat wall organization, built-in storage shelves, and a Chamberlain MyQ smart garage door opener for added convenience. This home offers an exceptional lifestyle with too many upgrades to list.*****OPEN HOUSE SUNDAY AUGUST 16th, 1 - 4pm*****
MississaugaInvestor.ca
6- 100 Watershore Drive
Detached · 5bd/4ba · ~2,750 sqft
$1,599,000
Cash-Flow Report · August 4, 2026
Cap Rate
0.46%
Monthly Cash Flow
-$6,750/mo
Estimated Rent
$4,050/mo
Cash-on-Cash
-23.06%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,050 |
| Mortgage | −$7,360 |
| Property Tax | −$1,679 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,333 |
| Vacancy (5%) | −$203 |
| Cash Flow | -$6,750/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$48,600 |
| Vacancy (5%) | −$2,430 |
| Property Tax | −$20,147 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$15,990 |
| Annual NOI | $7,333 |
| Cap Rate | 0.46% |
Cash Required to Close
| Down Payment (20%) | $319,800 |
| Ontario Land Transfer Tax | $28,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $351,255 |
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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