
26 Granite Ridge Trail, Hamilton
Hamilton
$949,990
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
4
Bathrooms
4
Days on Market
2
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,000/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to this stunning 2,400 sq. ft. home offering 4 bedrooms and 3.5 bathrooms in one of Waterdown's most sought-after family neighbourhoods. Built in 2021 and well cared for by the original owners, this home is beautifully upgraded throughout. The open-concept main floor features vinyl plank flooring, hardwood stairs, California shutters, a private office, and a bright living room with a gas fireplace. The kitchen features custom Barzotti cabinetry, quartz countertops, a large island, and a subway tile backsplash. The second level offers four spacious bedrooms, including two with private ensuites. The primary suite features his-and-hers walk-in closets, a double vanity, and a frameless glass shower. Additional features include upper-level laundry, a gas BBQ line, and a basement bathroom rough-in for future potential. Ideally located close to parks, schools, shopping, dining, and everyday amenities, with quick access to Highway 407, Aldershot GO Station, Burlington, and Hamilton.
MississaugaInvestor.ca
26 Granite Ridge Trail
Att/Row/Townhouse · 4bd/4ba · ~2,250 sqft
$949,990
Cash-Flow Report · July 31, 2026
Cap Rate
1.06%
Monthly Cash Flow
-$3,538/mo
Estimated Rent
$3,000/mo
Cash-on-Cash
-20.37%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,000 |
| Mortgage | −$4,373 |
| Property Tax | −$998 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$792 |
| Vacancy (5%) | −$150 |
| Cash Flow | -$3,538/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$36,000 |
| Vacancy (5%) | −$1,800 |
| Property Tax | −$11,970 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$9,500 |
| Annual NOI | $10,030 |
| Cap Rate | 1.06% |
Cash Required to Close
| Down Payment (20%) | $189,998 |
| Ontario Land Transfer Tax | $15,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $208,473 |
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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