614 Waterloo Street, Hamilton

$539,999
614 Waterloo Street

$539,999

Extension
83d
DetachedBungalow

614 Waterloo Street, Hamilton

Total Monthly Obligation $2,770

HausQ Valuation Report
Beds
2
Baths
1
Park
6
Sqft
700-1100
DOM
83d
Score
20
Yield
5.0%
Cash on Cash
-2.5%
Cap Rate
4.1%
5Y IRR
13.6%
10Y IRR
13.1%
Property Type-Detached
MLS® Number-X13629620
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-50 × 105 ft
Listed on site-Aug 1, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$2,600 (2025)
Parking-6 - None
Basement-Crawl Space
Heating-Forced Air (Gas)
Brokerage-COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-Wood Stove
Pool-None
Facing-North
Exterior-Aluminum Siding
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Sewer
Possession-Seller is Flexible
Neighbourhood-Parkview
Title-Residential Freehold

No agent assigned

This charming 2-bedroom, 1-bathroom home offers excellent potential for investors, contractors, and first-time buyers alike. Situated on a spacious lot with severance potential, complete blueprints are available upon request. The property is ideal for building a new home or renovating and expanding the existing one. The attic spans the entire footprint of the house and has been fully cleared and prepared, making it ready to be finished into additional living space. A WETT-certified wood stove was professionally installed in October 2023, and the property features two new workshops installed in January 2025, both with power running to them. Additional highlights include two driveways for ample parking, no neighbours on either side, and a beautiful view of the dog park across the street. Ideally located, the home sits directly across from the Globe Dog Park. The park offers open fields and easy access to the Red Hill Trail, with Confederation Beach just a pleasant 15-minute walk away. The property also offers convenient highway access and is close to shopping and everyday amenities. Wheelchair accessible and move-in ready, this quiet property could very well be your new home.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$431,999
Land Transfer Taxes$7,275
Legal Fees (Est.)
$
Total cash required for closing$116,775

Total Monthly Obligation

$2,770/mo
Mortgage $2,178
Monthly Loss $2,197
Principal$573
Interest$1,605
Property Tax$217
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%19
Cash-on-Cash
-7.9%1
5-Year IRR
9.4%32
10-Year IRR
10.2%
Returns Index
17.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$26,796/yr
NOI
$17,016/yr
Net Cash Flow
-$760/mo
Cash Margin
-34.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo59
Risk Index
28.6/ 100

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

Comparables

Properties near 614 Waterloo Street

Time

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Data last updated within the past 24 hours.