13- 370 Stonehenge Drive, Hamilton
Hamilton
$687,900
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
4
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,350/mo
Estimated from market price-to-rent ratios
Remarks
Spacious and well-maintained 3-bedroom, 2-storey townhome located in Ancaster's highlysought-after Meadowlands community. Bright open-concept main floor featuring high ceilings,modern kitchen with island and ample cabinetry, combined living and dining area, and wood-lookand ceramic flooring throughout. Walkout to fully fenced backyard with patio. Convenient2-piece powder room on main level.Upper level offers a generous primary bedroom with walk-in closet and 4-piece ensuite, plus twoadditional bedrooms with double closets, a second full bathroom, and bedroom-level laundry.Fully finished basement provides additional living space and includes a washroom-ideal forrecreation, home office, or guest use.Attached garage with inside entry. Excellent location close to schools, parks, shopping, andeasy highway access
MississaugaInvestor.ca
13- 370 Stonehenge Drive
Condo Townhouse · 3bd/4ba · ~1,500 sqft
$687,900
Cash-Flow Report · July 31, 2026
Cap Rate
1.54%
Monthly Cash Flow
-$2,282/mo
Estimated Rent
$2,350/mo
Cash-on-Cash
-18.16%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,350 |
| Mortgage | −$3,166 |
| Property Tax | −$722 |
| Insurance | −$225 |
| Condo Fee | −$401 |
| Vacancy (5%) | −$118 |
| Cash Flow | -$2,282/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$28,200 |
| Vacancy (5%) | −$1,410 |
| Property Tax | −$8,668 |
| Insurance | −$2,700 |
| Condo Fee | −$4,812 |
| Annual NOI | $10,610 |
| Cap Rate | 1.54% |
Cash Required to Close
| Down Payment (20%) | $137,580 |
| Ontario Land Transfer Tax | $10,233 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $150,813 |
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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