13 Picton Street W, Hamilton

$679,000
13 Picton Street W

$679,000

Price Change
44d
Detached2-Storey

13 Picton Street W, Hamilton

Total Monthly Obligation $3,421

HausQ Valuation Report
Beds
2
Baths
2
Park
0
Sqft
1100-1500
DOM
44d
Score
17
Yield
4.0%
Cash on Cash
-6.6%
Cap Rate
3.2%
5Y IRR
10.4%
10Y IRR
10.5%
Property Type-Detached
MLS® Number-X13761986
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Lot Size-24 × 84.75 ft
Listed on site-Sep 9, 2026
Style-2-Storey
Building Type-Detached
Taxes-$3,689 (2025)
Parking-None
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-TBD
Neighbourhood-North End
Title-Residential Freehold

No agent assigned

Amazing and recently renovated! This beauty in the Bay Front area of Hamilton has been transformed into an amazing two bedroom, one and a half bath stunner. A 5 minute walk to the West Harbour GO station makes commuting simple each day while the home itself has an inviting front porch that gives it great curb appeal. You then step into a front foyer and are greeted by a beautiful living area with gas fireplace. The living room is open to the spacious dining area with loads of natural light. Also on the main floor is an updated three-piece bathroom and a brand-new kitchen that has everything you need to cook and entertain guests. Next, you walk up the new modern staircase to an inviting primary bedroom with a spectacular walk-in closet. Also on the second level is a charming second bedroom and a new two-piece bathroom for your convenience. On the lower level is a large laundry room and a huge unfinished dry storage area. Out back we have a beautiful back yard with a great gazebo to enjoy some outdoor time. RSA

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

Closing Costs

Mortgage Amount
$543,200
Land Transfer Taxes$10,055
Legal Fees (Est.)
$
Total cash required for closing$147,355

Total Monthly Obligation

$3,421/mo
Mortgage $2,739
Monthly Loss $2,701
Principal$721
Interest$2,018
Property Tax$307
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.2%0
5-Year IRR
6.8%18
10-Year IRR
8.1%
Returns Index
10.1/ 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
$27,480/yr
NOI
$16,543/yr
Net Cash Flow
-$1,360/mo
Cash Margin
-59.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo47
Risk Index
23.2/ 100

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

Comparables

Properties near 13 Picton Street W

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.