278 Cochrane Road, Hamilton

$389,900
278 Cochrane Road

$389,900

New
64d
Detached1 1/2 Storey

278 Cochrane Road, Hamilton

Total Monthly Obligation $2,426

HausQ Valuation Report
Beds
2
Baths
1
Park
3
Sqft
700-1100
DOM
64d
Score
21
Yield
6.6%
Cash on Cash
-0.2%
Cap Rate
4.5%
5Y IRR
15.4%
10Y IRR
14.5%
Property Type-Detached
MLS® Number-X13695696
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-40 × 99.5 ft
Listed on site-Aug 20, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$5,743.42 (2025)
Parking-3 - None
Basement-Full
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 GREEN REALTY INC.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Aluminum Siding, Vinyl Siding
Roof-Shingles
Foundation-Concrete, Concrete Block
Sewer-Sewer
Possession-60-90 days
Neighbourhood-Bartonville
Title-Residential Freehold

No agent assigned

WELCOME TO 278 COCHRANE--A CHARMING DETACHED HOME BRIMMING WITH OPPORTUNITY AND POTENTIAL. WHETHER YOU'RE A FIRST-TIME HOME BUYER LOOKING TO STEP INTO HOME OWNERSHIP OR AN INVESTOR SEEKING AN INCOME PRODUCING PROPERTY, THIS RESIDENCE IS CONVENIENTLY LOCATED IN THE HAMILTON AREA SURROUNDED BY MANY AMENITIES. FEATURES 2 BEDROOMS AND SITS ON A GENEROUS, FULLY FENCED YARD, PERFECT FOR ENTERTAINING. THE DRIVEWAY ACCOMMODATES PARKING FOR UP TO 3 CARS. CLOSE TO HWY, SCHOOLS, PLACE OF WORSHIP. WITH A LITTLE TENDER CARE, IT HAS THE POTENTIAL TO SHINE, REFLECTED IN THE PRICED-TO-SELL VALUE. PROPERTY IS TENANTED. ALLOW 24 HOURS NOTICE FOR ALL SHOWINGS. DON'T MISS YOUR OPPORTUNITY TO MAKE IT YOUR OWN!

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

Closing Costs

Mortgage Amount
$311,920
Land Transfer Taxes$4,324
Legal Fees (Est.)
$
Total cash required for closing$83,804

Total Monthly Obligation

$2,426/mo
Mortgage $1,573
Monthly Loss $2,013
Principal$414
Interest$1,159
Property Tax$479
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.2%1
5-Year IRR
10.2%37
10-Year IRR
10.9%
Returns Index
19.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$25,680/yr
NOI
$12,869/yr
Net Cash Flow
-$500/mo
Cash Margin
-23.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo68
Risk Index
31.9/ 100

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

Comparables

Properties near 278 Cochrane Road

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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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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Data last updated within the past 24 hours.