128 East 39th Street, Hamilton

$509,900
128 East 39th Street

$509,900

Price Change
93d
Detached1 1/2 Storey

128 East 39th Street, Hamilton

Total Monthly Obligation $2,754

Beds
3
Baths
2
Park
3
Sqft
700-1100
DOM
93d
Score
28
Yield
7.1%
Cash on Cash
5.9%
Cap Rate
5.9%
5Y IRR
20.3%
10Y IRR
18.5%
Property Type-Detached
MLS® Number-X13595064
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-45.01 × 82 ft
Listed on site-Jul 22, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-51-99
Taxes-$3,861.94 (2026)
Parking-3 - None
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Aluminum Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-t.b.a
Neighbourhood-Raleigh
Title-Residential Freehold

No agent assigned

Beautifully updated and newly painted 1 1/2 storey home in a family-friendly East Mountain neighbourhood. This spacious property offers great curb appeal with a new driveway, new fence, and a large private yard perfect for families, entertaining, or future potential. Inside features 3 bedrooms, a 4-piece bathroom, large living room, eat-in kitchen, and a finished recreation room for added living space. Conveniently located close to schools, parks, shopping, amenities, the escarpment, and vibrant Concession Street. A fantastic opportunity in a great location! *Note-some pictures have been virtually staged*

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$407,920
Land Transfer Taxes$6,673
Legal Fees (Est.)
$
Total cash required for closing$110,153

Total Monthly Obligation

$2,754/mo
Mortgage $2,057
Monthly Loss $2,212
Principal$541
Interest$1,516
Property Tax$322
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.8%35
Cash-on-Cash
-0.3%7
5-Year IRR
15.5%74
10-Year IRR
15.0%
Returns Index
39.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
28/ 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
$36,300/yr
NOI
$24,308/yr
Net Cash Flow
-$31/mo
Cash Margin
-1.0%4
Cash Flow Index
3.9/ 100
Risk Profile
Weight: 20%
DSCR
0.9826
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo59
Risk Index
34.2/ 100

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

Comparables

Properties near 128 East 39th 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.

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Data last updated within the past 24 hours.