46 Whiterock Avenue, Hamilton

$873,500
46 Whiterock Avenue

$873,500

Price Change
64d
DetachedBungalow

46 Whiterock Avenue, Hamilton

Total Monthly Obligation $4,385

Beds
3
Baths
3
Park
4
Sqft
1100-1500
DOM
64d
Score
17
Yield
4.3%
Cash on Cash
-6.0%
Cap Rate
3.3%
5Y IRR
10.8%
10Y IRR
10.8%
Property Type-Detached
MLS® Number-X13696442
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-39.45 × 110.13 ft
Listed on site-Aug 20, 2026
Style-Bungalow
Building Type-Detached
Age-16-30
Taxes-$5,842.47 (2026)
Parking-6 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX METROPOLIS REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Vinyl Siding, Brick
Roof-Metal
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Villages of Glancaster
Title-Residential Freehold

No agent assigned

Welcome to 46 Whiterock Avenue, a beautifully updated 3-bedroom, 3-bath detached bungalow tucked away on a quiet cul-de-sac in Mount Hope. Offering approximately 1,300 sq. ft. above grade, this move-in-ready home combines comfortable one-level living with a spacious finished lower level ideal for a recreation room, home office, gym or entertaining space. The main floor features bright principal rooms, hardwood flooring, a generous kitchen with extensive cabinetry, granite counters and stainless steel appliances, plus an updated main bathroom completed in 2024. The private backyard is designed for low-maintenance outdoor living with a Trex deck, gazebo, interlock patio, perennial gardens and a convenient propane BBQ connection. Major improvements include a steel roof, new vinyl siding with enhanced insulation, fascia, soffits and eavestroughs, plus furnace, A/C and hot water tank upgrades. Additional features include an Ecobee thermostat, WiFi-enabled garage door opener, double-car garage and a 40' x 110' lot. A well-maintained, turn-key bungalow offering excellent indoor and outdoor living in an established Mount Hope neighbourhood.

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$
(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$698,800
Land Transfer Taxes$13,945
Legal Fees (Est.)
$
Total cash required for closing$190,145

Total Monthly Obligation

$4,385/mo
Mortgage $3,523
Monthly Loss $3,458
Principal$927
Interest$2,596
Property Tax$487
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.2%1
5-Year IRR
7.6%21
10-Year IRR
8.7%
Returns Index
11.8/ 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
$37,128/yr
NOI
$23,073/yr
Net Cash Flow
-$1,601/mo
Cash Margin
-51.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
19.5/ 100

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

Comparables

Properties near 46 Whiterock Avenue

Time

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