894 Garth Street, Hamilton

$612,000
894 Garth Street

$612,000

Price Change
48d
DetachedBungalow

894 Garth Street, Hamilton

Total Monthly Obligation $3,100

Beds
4
Baths
2
Park
4
Sqft
700-1100
DOM
48d
Score
26
Yield
6.5%
Cash on Cash
4.5%
Cap Rate
5.6%
5Y IRR
19.2%
10Y IRR
17.6%
Property Type-Detached
MLS® Number-X13748440
Beds-4
Bathrooms-2
Size-700-1100 sqft
Lot Size-45 × 65 ft
Listed on site-Sep 5, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$3,081 (2026)
Parking-4 - None
Basement-Finished, Full, Walk-Up, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-West
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Immediate/Flexible
Neighbourhood-Westcliffe
Title-Residential Freehold

No agent assigned

Charming Updated and renovated home in desirable West Mountain neighbourhood! 4 bedrooms (2+2) bedrooms with 2 full bathrooms offering warmth, character, and flexibility. With a separate side entrance and walk-up from the basement, this property presents excellent potential for multi-use living, in-law suite, duplex, or an investment opportunity. The thoughtful layout features bright living spaces and versatile bedrooms that can easily adapt to your lifestyle-whether as a home office, guest room, or additional family space. Step outside and enjoy the small, private backyard, a perfect spot to relax, garden, or entertain in a peaceful setting. Ideally located near the college, highway access, parks, grocery stores, and everyday amenities, this home is an excellent choice for first-time buyers, downsizers, or investors looking for both charm and convenience. Completely remodeled, updated, and renovated throughout! Recent updates/renos include: Brand new remodeled kitchen, all new appliances, bathroom added in lower level, new furnace and a/c, new flooring throughout, poured concrete driveway, new front steps and porch, freshly painted, and more!! A must see!!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$489,600
Land Transfer Taxes$8,715
Legal Fees (Est.)
$
Total cash required for closing$132,615

Total Monthly Obligation

$3,100/mo
Mortgage $2,469
Monthly Loss $2,451
Principal$650
Interest$1,819
Property Tax$257
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.6%33
Cash-on-Cash
-1.1%6
5-Year IRR
14.8%70
10-Year IRR
14.4%
Returns Index
37.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
26/ 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
$39,756/yr
NOI
$28,199/yr
Net Cash Flow
-$119/mo
Cash Margin
-3.6%2
Cash Flow Index
2.4/ 100
Risk Profile
Weight: 20%
DSCR
0.9523
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo51
Risk Index
30.9/ 100

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

Comparables

Properties near 894 Garth Street

Time

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