245 Glenholme Avenue, Hamilton

$639,000
245 Glenholme Avenue

$639,000

Price Change
45d
DetachedBungalow

245 Glenholme Avenue, Hamilton

Total Monthly Obligation $3,360

Beds
5
Baths
2
Park
3
Sqft
700-1100
DOM
45d
Score
19
Yield
5.1%
Cash on Cash
-2.8%
Cap Rate
4.0%
5Y IRR
13.3%
10Y IRR
12.8%
Property Type-Detached
MLS® Number-X13755746
Beds-5
Bathrooms-2
Size-700-1100 sqft
Lot Size-40 × 110.95 ft
Listed on site-Sep 8, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,889.72 (2026)
Parking-4 - Detached
Basement-Separate Entrance, Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL EST
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Glenview
Title-Residential Freehold

No agent assigned

Welcome to 245 Glenholme Ave, a versatile bungalow offering space, flexibility, and excellent potential in an established Hamilton neighbourhood. The main level features 3 bedrooms, beautiful hardwood floors, and new appliances, creating a comfortable and functional space for everyday living. The fully finished basement offers an additional 2 bedrooms, a full bathroom, kitchen, and brand-new vinyl flooring (2026), providing an ideal setup for extended family, guests, or potential rental income.Outside, enjoy a detached garage and a spacious backyard with plenty of room for entertaining, gardening, or relaxing outdoors. Located in a convenient residential setting, this home is close to a variety of everyday amenities, including shopping, dining, schools, parks, recreation, and public transit. The area offers easy access to major Hamilton routes, making commuting throughout the city convenient while keeping you close to the amenities of both the East Hamilton and broader Hamilton communities.With its generous bedroom count, two flexible living areas, updated flooring and appliances, detached garage, and full backyard, this property offers an excellent combination of functionality and opportunity. Whether you're looking for a family home, multi-generational living arrangement, or an investment property with additional living space, 245 Glenholme Ave is one to see! This home has been freshly painted (2026) and had sump pump put in professionally (2025).

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$511,200
Land Transfer Taxes$9,255
Legal Fees (Est.)
$
Total cash required for closing$138,555

Total Monthly Obligation

$3,360/mo
Mortgage $2,578
Monthly Loss $2,682
Principal$678
Interest$1,899
Property Tax$407
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%19
Cash-on-Cash
-7.8%1
5-Year IRR
9.5%32
10-Year IRR
10.2%
Returns Index
17.1/ 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
$32,820/yr
NOI
$20,148/yr
Net Cash Flow
-$899/mo
Cash Margin
-32.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo47
Risk Index
24.6/ 100

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

Comparables

Properties near 245 Glenholme Avenue

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.

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Data last updated within the past 24 hours.