42 PARSONAGE Road, Hamilton
Hamilton
$1,899,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX TWIN CITY REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
3
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$4,150/mo
Estimated from market price-to-rent ratios
Remarks
Set on a beautifully landscaped 1.25-acre parcel in a serene rural setting, this exceptional custom-built bungaloft is a true countryside retreat. Designed with both comfort and entertaining in mind, the home showcases a gourmet kitchen ideal for gatherings, 2.5 bathrooms, and a thoughtfully designed layout that blends elegance with functionality. The main floor primary suite is a private haven, featuring a fireplace and garden doors that open to a deck with views of the heated in-ground saltwater pool and surrounding green space. TWO dedicated main floor offices makes working from home effortless, while practical touches such as main floor laundry, a generous mudroom, and attached triple car garage add to the home's everyday appeal. Outside, the pool enjoys sunny southern exposure, creating the perfect setting for summer enjoyment. Ideally located near the rail trail, golf courses, shopping, amenities, and Highway 403 access, this remarkable property offers the tranquility of rural living with all the conveniences of the city just minutes away. Home is heated with GAS
MississaugaInvestor.ca
42 PARSONAGE Road
Detached · 4bd/3ba · ~2,750 sqft
$1,899,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.09%
Monthly Cash Flow
-$8,601/mo
Estimated Rent
$4,150/mo
Cash-on-Cash
-24.74%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,150 |
| Mortgage | −$8,741 |
| Property Tax | −$1,994 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,583 |
| Vacancy (5%) | −$208 |
| Cash Flow | -$8,601/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$49,800 |
| Vacancy (5%) | −$2,490 |
| Property Tax | −$23,927 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$18,990 |
| Annual NOI | $1,693 |
| Cap Rate | 0.09% |
Cash Required to Close
| Down Payment (20%) | $379,800 |
| Ontario Land Transfer Tax | $34,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $417,255 |
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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