28 Warren Avenue, Hamilton

$799,000
28 Warren Avenue

$799,000

New
127d
DuplexBungalow-Raised

28 Warren Avenue, Hamilton

Total Monthly Obligation $4,004

HausQ Valuation Report
Beds
5
Baths
2
Park
4
Sqft
700-1100
DOM
127d
Score
17
Yield
4.0%
Cash on Cash
-7.1%
Cap Rate
3.1%
5Y IRR
10.0%
10Y IRR
10.2%
Property Type-Duplex
MLS® Number-X13460900
Beds-5
Bathrooms-2
Size-700-1100 sqft
Lot Size-41.6 × 98.53 ft
Listed on site-Jun 18, 2026
Style-Bungalow-Raised
Building Type-Duplex
Age-51-99
Taxes-$4,874.14 (2026)
Parking-5 - Detached
Basement-Full, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-BAY STREET GROUP INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Balfour
Title-Residential Freehold

No agent assigned

Meticulously renovated legal two-family dwelling in Hamilton Mountain's desirable Balfour neighbourhood. This solid brick bungalow offers 3+2 bedrooms, 2 full bathrooms, 2 kitchens, and excellent flexibility for first-time home buyers looking to live on the main floor while renting out the legal basement unit for additional income. It also works well for extended family or multi-generational living. Enjoy extensive recent upgrades throughout, including vinyl flooring, updated kitchens and bathrooms, stone countertops, two sets of stainless steel appliances, two washers and dryers, modern lighting and fixtures, and more. Ideally located close to highway access, public transit, shopping, restaurants, parks, schools, and everyday amenities. A fantastic opportunity for homeowners and investors alike. Book your showing today.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$639,200
Land Transfer Taxes$12,455
Legal Fees (Est.)
$
Total cash required for closing$173,755

Total Monthly Obligation

$4,004/mo
Mortgage $3,223
Monthly Loss $3,156
Principal$848
Interest$2,375
Property Tax$406
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.3%0
5-Year IRR
6.7%17
10-Year IRR
8.1%
Returns Index
9.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$31,800/yr
NOI
$19,246/yr
Net Cash Flow
-$1,619/mo
Cash Margin
-61.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo39
Risk Index
20.5/ 100

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

Comparables

Properties near 28 Warren Avenue

Time

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