
103 Glenashton Drive, Hamilton
Hamilton
$799,990
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE STATE REALTY
Investment Analysis
Key Facts
Type
Link
Bedrooms
3
Bathrooms
2
Days on Market
6
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$2,550/mo
Estimated from market price-to-rent ratios
Remarks
Welcome a beautifully maintained 3-bed, 2-bath home in the heart of Stoney Creek, where truly move-in-ready property. From the moment you arrive, you'll be impressed by the stunning low-maintenance gardens featuring premium plants with armoured stone landscaping that enhances both the front and backyard, creating incredible curb appeal and outdoor enjoyment with minimal upkeep. Step inside to discover a bright and spacious home that's been tastefully updated from top to bottom. Freshly repainted, the home showcases new lighting, updated plugs and switches, and modern pot lights throughout with adjustable 4K/5K colour settings, allowing you to customize the ambiance to your preference. A beautiful bay window with tumbled marble seating ledge fills the living space with natural light, while custom sliding patio doors with built-in blinds lead seamlessly to the spacious backyard. The kitchen offers timeless appeal with solid wood cabinetry providing ample storage and a new refrigerator(2026). Upstairs features 3 generously sized bedrooms and a well-appointed dual-access 3-piece bath, providing comfortable space for the whole family. The finished basement expands your living space with a large recreation room, dedicated office/exercise room, and wall-to-wall storage closets. The backyard designed for both relaxation and functionality, offering a designated space for an above-groundpool and an area for a gazebo and relaxation, topping it off with raised garden beds-perfect for your own kitchen garden. Additional highlights include an attached garage and double wide driveway giving you parking for three vehicles, updated electrical inside and out, and all-new smoke/carbon monoxide detectors. Located close to schools, parks, shopping, and easy highway access, this exceptional Stoney Creek home combines comfort, convenience, and pride of ownership. Simply move in and enjoy!
MississaugaInvestor.ca
103 Glenashton Drive
Link · 3bd/2ba · ~1,300 sqft
$799,990
Cash-Flow Report · August 2, 2026
Cap Rate
1.04%
Monthly Cash Flow
-$2,992/mo
Estimated Rent
$2,550/mo
Cash-on-Cash
-20.46%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,550 |
| Mortgage | −$3,682 |
| Property Tax | −$840 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$667 |
| Vacancy (5%) | −$128 |
| Cash Flow | -$2,992/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$30,600 |
| Vacancy (5%) | −$1,530 |
| Property Tax | −$10,080 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$8,000 |
| Annual NOI | $8,290 |
| Cap Rate | 1.04% |
Cash Required to Close
| Down Payment (20%) | $159,998 |
| Ontario Land Transfer Tax | $12,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $175,473 |
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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