
2- 199 YORK Road, Hamilton
Hamilton
$499,900
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX ESCARPMENT REALTY INC.
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
3
Bathrooms
2
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,150/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to the home you've been waiting for! This immaculate and recently updated 3 br. 2 storey townhome is completely move-in ready and truly shows 10++. Enjoy the convenience of your own parking spot located directly in front of the unit. Situated in one of Dundas's most desirable, family-friendly neighbourhoods, this beautiful home offers generous living space, including a partially finished basement that's perfect for a recreation space, home office, or additional living area. Step outside to your private, fully fenced backyard featuring an oversized deck, - perfect for relaxing or entertaining all summer long. Inside, you'll find bright, sun-filled living spaces with recent updates in 2026 including new vinyl flooring throughout, fresh paint, pot lights, lighting fixtures, decora switches, bathroom vanity, stairs and railing, doors and trim; additional updates a furnace and AC (2019). The location is unbeatable with a high walk score with easy access to excellent schools, parks, shopping public transit, and every amenity you need. Homes like this rarely become available in this sought-after neighbourhood. Priced to sell and offering incredible value, this exceptional property won't last long.
MississaugaInvestor.ca
2- 199 YORK Road
Condo Townhouse · 3bd/2ba · ~1,100 sqft
$499,900
Cash-Flow Report · July 31, 2026
Cap Rate
1.52%
Monthly Cash Flow
-$1,669/mo
Estimated Rent
$2,150/mo
Cash-on-Cash
-18.3%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,150 |
| Mortgage | −$2,301 |
| Property Tax | −$525 |
| Insurance | −$225 |
| Condo Fee | −$660 |
| Vacancy (5%) | −$108 |
| Cash Flow | -$1,669/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$25,800 |
| Vacancy (5%) | −$1,290 |
| Property Tax | −$6,299 |
| Insurance | −$2,700 |
| Condo Fee | −$7,920 |
| Annual NOI | $7,591 |
| Cap Rate | 1.52% |
Cash Required to Close
| Down Payment (20%) | $99,980 |
| Ontario Land Transfer Tax | $6,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $109,453 |
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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