87 WEST 5TH Street, Hamilton

$625,000
87 WEST 5TH Street

$625,000

Price Change
160d
Detached2-Storey

87 WEST 5TH Street, Hamilton

Total Monthly Obligation $3,250

HausQ Valuation Report
Beds
6
Baths
3
Park
3
Sqft
1100-1500
DOM
160d
Score
27
Yield
6.8%
Cash on Cash
5.3%
Cap Rate
5.7%
5Y IRR
19.8%
10Y IRR
18.1%
Property Type-Detached
MLS® Number-X13139000
Beds-6
Bathrooms-3
Size-1100-1500 sqft
Lot Size-46 × 95 ft
Listed on site-May 16, 2026
Style-2-Storey
Building Type-Detached
Age-51-99
Taxes-$4,251.86 (2025)
Parking-3 - None
Basement-Apartment, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-THE CANADIAN HOME REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Southam
Title-Residential Freehold

No agent assigned

Welcome to this beautifully upgraded and meticulously maintained 4+2 bedroom detached home, offering the perfect blend of comfort, style, and versatility for families, multi-generational living or investors. Ideally located within walking distance to Mohawk College and St. Joseph's Healthcare Hamilton, this exceptional property combines everyday convenience with outstanding long-term value.Designed for flexible living, the home features a fully finished basement with a separate side entrance ideal for an in-law suite or excellent income-generating rental potential. Thoughtfully updated throughout, the property includes energy-efficient windows (2020), a 200-amp electrical panel upgrade (2020) with two separate hydro meters, a newly renovated basement (2026), modern appliances and kitchen cabinets(2025), furnace and A/C (2016), and roof shingles (2019).This true turn-key opportunity is located in one of Hamilton's most desirable and high-demand neighborhoods. Simply move in and enjoy

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$500,000
Land Transfer Taxes$8,975
Legal Fees (Est.)
$
Total cash required for closing$135,475

Total Monthly Obligation

$3,250/mo
Mortgage $2,521
Monthly Loss $2,587
Principal$663
Interest$1,858
Property Tax$354
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.8%35
Cash-on-Cash
-0.4%7
5-Year IRR
15.4%73
10-Year IRR
14.9%
Returns Index
39.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
27/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$42,768/yr
NOI
$29,739/yr
Net Cash Flow
-$43/mo
Cash Margin
-1.2%4
Cash Flow Index
3.8/ 100
Risk Profile
Weight: 20%
DSCR
0.9826
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
30.7/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 87 WEST 5TH Street

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

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Data last updated within the past 24 hours.