54 East 23rd Street, Hamilton

$510,000
54 East 23rd Street

$510,000

New
45d
Detached1 1/2 Storey

54 East 23rd Street, Hamilton

Total Monthly Obligation $2,749

Beds
4
Baths
1
Park
1
Sqft
700-1100
DOM
45d
Score
19
Yield
5.1%
Cash on Cash
-3.2%
Cap Rate
3.9%
5Y IRR
13.0%
10Y IRR
12.6%
Property Type-Detached
MLS® Number-X13753306
Beds-4
Bathrooms-1
Size-700-1100 sqft
Lot Size-25 × 127 ft
Listed on site-Sep 8, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-100+
Taxes-$3,804.08 (2026)
Parking-1 - None
Basement-Partial Basement, Partially Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE MACRO REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Eastmount
Title-Residential Freehold

No agent assigned

Welcome to this charming 1 1/2 Storey family home featuring 4 bedroom and 1 Bath, with excellent location in EastHamilton mountain.This property is wonderful opportunity to enjoy comfortable, practical layouts for family living inwell established neighbourhood. The main floor provides warm and inviting living space, functional kitchen, diningarea and convenient access to the backyard. The unfinished basement provides valuable additional space withexcellent potential for future customization. Great for first - home buyers, Investors or downsizers. This home isclose to schools, a hospital, shopping centre,grocery stores, restaurants, parks, public transportation.Everything youneed the convenience of having everyday essential services just a minute away!Book your showing today!

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

Closing Costs

Mortgage Amount
$408,000
Land Transfer Taxes$6,675
Legal Fees (Est.)
$
Total cash required for closing$110,175

Total Monthly Obligation

$2,749/mo
Mortgage $2,057
Monthly Loss $2,208
Principal$541
Interest$1,516
Property Tax$317
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.8%1
5-Year IRR
8.7%27
10-Year IRR
9.7%
Returns Index
14.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$25,908/yr
NOI
$15,013/yr
Net Cash Flow
-$806/mo
Cash Margin
-37.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
28.4/ 100

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

Comparables

Properties near 54 East 23rd Street

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.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

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

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.