85- 75 Berkindale Drive, Hamilton
Hamilton
$399,000
Cash flow, cap rate & mortgage breakdown
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Listed by EXP REALTY
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
3
Bathrooms
3
Days on Market
36
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,050/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to 75 Berkindale Drive, Unit 85, tucked away in one of Stoney Creek's most beautiful and established neighbourhoods. Mature trees, quiet streets and a true sense of community make this the kind of place people put down roots and stay for years. Inside, you'll find a freshly painted interior that feels bright, clean and ready for you to move right in. The open concept layout brings the kitchen, dining area and family room together in a way that just feels natural, perfect for both everyday living and effortless entertaining. When it comes to location, this one truly checks all the boxes. Top rated schools, parks, shopping and highway access are all just minutes away, making the day to day incredibly convenient whether you have a family, commute for work or simply love having everything within easy reach. This is the kind of home that feels good the moment you walk through the door. Come and see it for yourself.
MississaugaInvestor.ca
85- 75 Berkindale Drive
Condo Townhouse · 3bd/3ba · ~1,100 sqft
$399,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.98%
Monthly Cash Flow
-$846/mo
Estimated Rent
$2,050/mo
Cash-on-Cash
-11.63%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,050 |
| Mortgage | −$1,837 |
| Property Tax | −$419 |
| Insurance | −$225 |
| Condo Fee | −$312 |
| Vacancy (5%) | −$103 |
| Cash Flow | -$846/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$24,600 |
| Vacancy (5%) | −$1,230 |
| Property Tax | −$5,027 |
| Insurance | −$2,700 |
| Condo Fee | −$3,744 |
| Annual NOI | $11,899 |
| Cap Rate | 2.98% |
Cash Required to Close
| Down Payment (20%) | $79,800 |
| Ontario Land Transfer Tax | $4,460 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $87,260 |
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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