285 Southbrook Drive, Hamilton
Hamilton
$699,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX PRESIDENT REALTY
Investment Analysis
Key Facts
Type
Att/Row/Townhouse
Bedrooms
3
Bathrooms
3
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,450/mo
Estimated from market price-to-rent ratios
Remarks
Beautiful and airy two-storey townhome offering 3 bedrooms and 3 bathrooms, located in a peaceful, family-oriented neighbourhood in the established community of Binbrook. Enjoy a spacious ravine backyard with open, uninterrupted views of picturesque fields and forest. The main floor features an open-concept layout with an updated kitchen, breakfast bar, and direct access to the garage. The primary bedroom includes a 4-piece ensuite and walk-in closet. A versatile den on the second floor provides extra space for a home office or lounge area.
MississaugaInvestor.ca
285 Southbrook Drive
Att/Row/Townhouse · 3bd/3ba · ~1,750 sqft
$699,000
Cash-Flow Report · August 1, 2026
Cap Rate
1.35%
Monthly Cash Flow
-$2,432/mo
Estimated Rent
$2,450/mo
Cash-on-Cash
-19.04%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,450 |
| Mortgage | −$3,217 |
| Property Tax | −$734 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$583 |
| Vacancy (5%) | −$123 |
| Cash Flow | -$2,432/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$29,400 |
| Vacancy (5%) | −$1,470 |
| Property Tax | −$8,807 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$6,990 |
| Annual NOI | $9,433 |
| Cap Rate | 1.35% |
Cash Required to Close
| Down Payment (20%) | $139,800 |
| Ontario Land Transfer Tax | $10,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $153,255 |
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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