703 Brighton Avenue, Hamilton

$537,800
703 Brighton Avenue

$537,800

Price Change
71d
Detached1 1/2 Storey

703 Brighton Avenue, Hamilton

Total Monthly Obligation $2,779

Beds
4
Baths
1
Park
3
Sqft
700-1100
DOM
71d
Score
25
Yield
6.3%
Cash on Cash
3.5%
Cap Rate
5.3%
5Y IRR
18.3%
10Y IRR
16.9%
Property Type-Detached
MLS® Number-X13670484
Beds-4
Bathrooms-1
Size-700-1100 sqft
Lot Size-41.67 × 112 ft
Listed on site-Aug 13, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-51-99
Taxes-$2,818.6 (2026)
Parking-3 - None
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-NASHDOM REALTY BROKERAGE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Aluminum Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Parkview
Title-Residential Freehold

No agent assigned

Looking for a home where your family can spread out, enjoy a great yard and still have room to grow? Offering 939 sq. ft. plus additional finished space, this freshly painted, well-loved home has been with the same owner for 35 years, with every area thoughtfully utilized to provide flexible living space. With 2 bedrooms, a full bathroom and all the essentials on the main floor, it also offers the convenience of one-floor living. The main floor features 2 bedrooms, a beautifully renovated 4-piece bathroom, living room and kitchen. A real bonus is the bright sunroom, accessed from one of the bedrooms and offering a wonderful extension of the living space. Surrounded by windows and filled with natural light, it's an inviting spot for morning coffee, reading, a home office or simply relaxing. With direct access to the deck and enclosed backyard, it creates an easy connection between indoor and outdoor living. Need more space? A unique, space-saving ladder-style staircase leads to the finished attic, where you'll find a huge additional bedroom tucked away on its own level. The basement adds a 4th bedroom, plus a separate unfinished area with laundry and plenty of room for hobbies, a workshop or storage. A separate entrance adds even more flexibility to the lower level. Outside, the generous 41.67 x 112 ft lot provides an enclosed yard with room for kids and pets to play, plus parking for 3 vehicles. Updates include furnace (2022), backflow preventer (2025), new drain pipe (2020), roof and electrical. No rentals. Enjoy being close to Lake Ontario, Confederation Beach Park and the Waterfront Trail, along with parks, recreation, transit, shopping and convenient highway access. One-floor living when you want it, extra space when you need it, a great yard and the waterfront nearby-this versatile home is ready for its next chapter.

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

Closing Costs

Mortgage Amount
$430,240
Land Transfer Taxes$7,231
Legal Fees (Est.)
$
Total cash required for closing$116,291

Total Monthly Obligation

$2,779/mo
Mortgage $2,169
Monthly Loss $2,208
Principal$571
Interest$1,598
Property Tax$235
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.3%30
Cash-on-Cash
-2.4%4
5-Year IRR
13.8%63
10-Year IRR
13.6%
Returns Index
33.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 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
$33,996/yr
NOI
$23,278/yr
Net Cash Flow
-$230/mo
Cash Margin
-8.1%1
Cash Flow Index
1.0/ 100
Risk Profile
Weight: 20%
DSCR
0.8919
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo58
Risk Index
32.0/ 100

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

Comparables

Properties near 703 Brighton Avenue

Time

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Data last updated within the past 24 hours.