116- 575 Woodward Avenue, Hamilton
Hamilton
$515,000
Cash flow, cap rate & mortgage breakdown
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Listed by KELLER WILLIAMS COMPLETE REALTY
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
3
Bathrooms
3
Days on Market
3
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,200/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to this stunning 3-bedroom condo townhouse built by Losani Homes, an award-winning builder known for quality craftsmanship and thoughtful design. Located in a highly desirable Hamilton neighborhood, this home offers the perfect blend of modern finishes and everyday functionality. Step inside to a bright, open-concept layout featuring laminate flooring throughout, complemented by elegant maple hardwood stairs. The upgraded kitchen is designed for both style and convenience, showcasing quartz countertops, a sleek backsplash, and a waterline to the fridge-perfect for modern living. Upstairs, you'll find three bedrooms, including a well-appointed primary retreat complete with a walk-in closet and a private 3-piece ensuite featuring a glass stand-up shower. A 4-piece bathroom in the hallway provides added comfort for family and guests. This home has been thoughtfully upgraded with California shutters throughout, freshly painted interiors (2025), and an automatic garage door opener for added convenience. Step out to your backyard deck, already equipped with a gas line-ideal for summer BBQs and entertaining. Additional highlights include an EV charger, making this home future-ready for electric vehicle owners. Perfect for families, first-time buyers, or investors, this move-in ready home offers exceptional value in a prime location close to parks, schools, shopping, major highways, and transit. Don't miss out on this perfect opportunity of home ownership!
MississaugaInvestor.ca
116- 575 Woodward Avenue
Condo Townhouse · 3bd/3ba · ~1,300 sqft
$515,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.63%
Monthly Cash Flow
-$1,241/mo
Estimated Rent
$2,200/mo
Cash-on-Cash
-13.21%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,200 |
| Mortgage | −$2,370 |
| Property Tax | −$541 |
| Insurance | −$225 |
| Condo Fee | −$195 |
| Vacancy (5%) | −$110 |
| Cash Flow | -$1,241/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$26,400 |
| Vacancy (5%) | −$1,320 |
| Property Tax | −$6,489 |
| Insurance | −$2,700 |
| Condo Fee | −$2,340 |
| Annual NOI | $13,551 |
| Cap Rate | 2.63% |
Cash Required to Close
| Down Payment (20%) | $103,000 |
| Ontario Land Transfer Tax | $6,775 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $112,775 |
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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