
221 Nisbet Boulevard, Hamilton
Hamilton
$899,900
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX ESCARPMENT REALTY INC.
Investment Analysis
Key Facts
Type
Att/Row/Townhouse
Bedrooms
3
Bathrooms
4
Days on Market
3
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$2,650/mo
Estimated from market price-to-rent ratios
Remarks
Welcome home to Waterdown Meadows! This rare freehold end-unit townhouse blends space, style and an unbeatable location, offering three bedrooms, three and a half bathrooms and 2,074 square feet across the main and second levels. Steps to schools, shopping, YMCA & parks, with Aldershot GO and highway access to the 407, 403 & QEW minutes away. A two-storey foyer with hardwood staircase leads to the upper level. The open concept main floor is perfect for entertaining, with hardwood flooring through the dining & great rooms, custom cabinetry & storage is accessible from both spaces, plus there's a practical built-in niche with bench & cubbies off the garage which is the perfect drop zone for shoes, bags & everyday essentials. The eat-in kitchen offers upgraded cabinetry, modern tile backsplash & stainless steel appliances and a lot of counter space. The upgraded light fixtures & California shutters throughout the main floor complete the polished, modern look. The upper level offers flexible space for a home office, cozy sitting area, computer niche or kids' play space. The primary bedroom is a true retreat with walk-in & reach-in closets, spa-inspired ensuite with soaker tub and a private walk-out terrace - imagine morning coffee as the sun comes up or wine under the stars. The fully finished basement adds a bright rec room ideal for movie nights or a home gym, plus a convenient three-piece bathroom. This home offers neutral paint throughout and is move-in ready. The fenced backyard oasis with gardens & interlocking patio is perfect for entertaining. RSA.
MississaugaInvestor.ca
221 Nisbet Boulevard
Att/Row/Townhouse · 3bd/4ba · ~2,250 sqft
$899,900
Cash-Flow Report · July 31, 2026
Cap Rate
0.8%
Monthly Cash Flow
-$3,545/mo
Estimated Rent
$2,650/mo
Cash-on-Cash
-21.54%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,650 |
| Mortgage | −$4,142 |
| Property Tax | −$945 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$750 |
| Vacancy (5%) | −$133 |
| Cash Flow | -$3,545/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$31,800 |
| Vacancy (5%) | −$1,590 |
| Property Tax | −$11,339 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$8,999 |
| Annual NOI | $7,172 |
| Cap Rate | 0.8% |
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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