
29- 31 Sunvale Place, Hamilton
Hamilton
$899,900
Cash flow, cap rate & mortgage breakdown
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Listed by Engel & Volkers Oakville
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
3
Bathrooms
4
Days on Market
9
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,600/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to this premium waterfront luxury lifestyle in the prestigious "Waters Edge" community at Newport Yacht Club, located just steps from Lake Ontario. As one of the largest layouts in the complex, this stunning END-UNIT, DOUBLE CAR GARAGE executive townhouse offers approximately 3,000 square feet of total pristine, sun-drenched living space. The home has been freshly painted and features custom California shutters throughout. The bright, open-concept main floor boasts soaring 9-foot ceilings and brand-new, gorgeous hardwood flooring that flows seamlessly into a large, eat-in chef's kitchen finished with solid granite countertops w/breakfast bar overlooking the dining room/family room for easy flow and entertaining. Upstairs, escape to a bright and beautiful primary retreat designed for ultimate comfort.The true crown jewel of this property lies just past your back door- direct marina access right from your own backyard. Perfect for boating enthusiasts or anyone seeking a tranquil waterfront lifestyle, this home offers unparalleled convenience. Residents can also take advantage of the Yacht Club's incredible community lifestyle, including a spectacular, brand-new swimming pool built in 2025 (membership required). Combining maintenance-free living with the scale of a detached home, this rare waterfront property is an absolute masterpiece! Follow your Dream, Home.
MississaugaInvestor.ca
29- 31 Sunvale Place
Condo Townhouse · 3bd/4ba · ~2,125 sqft
$899,900
Cash-Flow Report · July 31, 2026
Cap Rate
1.12%
Monthly Cash Flow
-$3,301/mo
Estimated Rent
$2,600/mo
Cash-on-Cash
-20.06%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,600 |
| Mortgage | −$4,142 |
| Property Tax | −$945 |
| Insurance | −$225 |
| Condo Fee | −$459 |
| Vacancy (5%) | −$130 |
| Cash Flow | -$3,301/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$31,200 |
| Vacancy (5%) | −$1,560 |
| Property Tax | −$11,339 |
| Insurance | −$2,700 |
| Condo Fee | −$5,508 |
| Annual NOI | $10,093 |
| Cap Rate | 1.12% |
Cash Required to Close
| Down Payment (20%) | $179,980 |
| Ontario Land Transfer Tax | $14,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $197,453 |
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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