34- 346 Highland Road, Hamilton
Hamilton
$579,900
Cash flow, cap rate & mortgage breakdown
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Listed by REAL XPERTS REALTY INC.
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
4
Bathrooms
3
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,550/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to this beautiful & well maintained 3-bedroom, 3-bathroom (2 full + 1 half) townhouse, nestled in the sought-after, family-friendly Treetop Village community in Stoney Creek. The bright and spacious main floor features an open-concept layout with a welcoming living room, dining area, a kitchen, and a convenient 2-piece powder room. Upstairs, you'll find three generously sized bedrooms and a 4-piece bathroom. The fully finished basement adds valuable living space with a versatile great room, ideal as a recreation room, home office, gym, or potential fourth bedroom, along with a 3-piece bathroom. Ideally located with quick access to the Red Hill Valley Parkway, Lincoln Alexander Parkway, and the QEW, this home is also just minutes from shopping, schools, parks, walking trails, public transit, and a wide range of everyday amenities. A fantastic opportunity to own a move-in-ready home in a wonderful neighbourhood-this is a property you won't want to miss!
MississaugaInvestor.ca
34- 346 Highland Road
Condo Townhouse · 4bd/3ba · ~1,300 sqft
$579,900
Cash-Flow Report · July 31, 2026
Cap Rate
2.83%
Monthly Cash Flow
-$1,301/mo
Estimated Rent
$2,550/mo
Cash-on-Cash
-12.29%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,550 |
| Mortgage | −$2,669 |
| Property Tax | −$609 |
| Insurance | −$225 |
| Condo Fee | −$220 |
| Vacancy (5%) | −$128 |
| Cash Flow | -$1,301/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$30,600 |
| Vacancy (5%) | −$1,530 |
| Property Tax | −$7,307 |
| Insurance | −$2,700 |
| Condo Fee | −$2,640 |
| Annual NOI | $16,423 |
| Cap Rate | 2.83% |
Cash Required to Close
| Down Payment (20%) | $115,980 |
| Ontario Land Transfer Tax | $8,073 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $127,053 |
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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