
41 Creanona Boulevard, Hamilton
Hamilton
$1,399,900
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX ESCARPMENT REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
4
Days on Market
2
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$3,850/mo
Estimated from market price-to-rent ratios
Remarks
Every so often a home comes along where you can tell the people who built it planned on staying. This is one of those. Walk through the front door and you can feel it: real craftsmanship, not just a fresh coat of paint. Crown moulding, oversized casings, nine-inch baseboards, and engineered hardwood running floors across two levels. Not a stitch of carpet in sight. The living room does the heavy lifting for first impressions with a waffle ceiling that plays with the light all day, anchored by a full height custom millwork fireplace wall you won't find in a builder catalogue. The kitchen was clearly designed by someone who actually cooks or want to look like they do: marble countertops, soft-close custom cabinetry, and a walk-in pantry big enough to actually function as one, a genuinely rare thing. Upstairs, the primary suite is the kind of retreat that makes getting up in the morning feel less like a chore, spa-inspired ensuite included. Three more bedrooms, an updated bathroom, and laundry on the same floor as the bedrooms because carrying baskets up and down two flights shouldn't be anyone's cardio routine. Downstairs, the finished basement pulls its weight too: a gym, a fifth bedroom, a full bathroom, cold cellar, wet bar, and fireplace, with storage to spare. It's also, conveniently, the best place in the house to disappear to when the in-laws visit or just a tranquil space Outside, the backyard has already done the work for you, fully fenced, mature trees, thoughtful landscaping, and a gazebo built for the kind of summer evenings you don't want to end. The location ties it all together: steps to the water, two minutes to the highway, five minutes to wineries and trails. Stoney Creek living, quiet enough to exhale, close enough to everything you actually need. Homes built like this don't come along often, come see the difference for yourself.
MississaugaInvestor.ca
41 Creanona Boulevard
Detached · 5bd/4ba · ~2,750 sqft
$1,399,900
Cash-Flow Report · July 31, 2026
Cap Rate
0.68%
Monthly Cash Flow
-$5,649/mo
Estimated Rent
$3,850/mo
Cash-on-Cash
-22.05%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,850 |
| Mortgage | −$6,444 |
| Property Tax | −$1,470 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,167 |
| Vacancy (5%) | −$193 |
| Cash Flow | -$5,649/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$46,200 |
| Vacancy (5%) | −$2,310 |
| Property Tax | −$17,639 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$13,999 |
| Annual NOI | $9,552 |
| Cap Rate | 0.68% |
Cash Required to Close
| Down Payment (20%) | $279,980 |
| Ontario Land Transfer Tax | $24,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $307,453 |
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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