38 GARSIDE Avenue S, Hamilton

$529,900
38 GARSIDE Avenue S

$529,900

Price Change
44d
Detached1 1/2 Storey

38 GARSIDE Avenue S, Hamilton

Total Monthly Obligation $2,866

HausQ Valuation Report
Beds
3
Baths
2
Park
2
Sqft
1100-1500
DOM
44d
Score
24
Yield
6.4%
Cash on Cash
2.4%
Cap Rate
5.1%
5Y IRR
17.5%
10Y IRR
16.2%
Property Type-Detached
MLS® Number-X13763524
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-35.5 × 100 ft
Listed on site-Sep 9, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-51-99
Taxes-$4,236.9 (2025)
Parking-3 - Detached
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT FRANK REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick Front
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-FLEXIBLE
Neighbourhood-Bartonville
Title-Residential Freehold

No agent assigned

Welcome to this beautifully maintained 3-bedroom, 2-full-bathroom brick home, ideally situated on a quiet, family-friendly street with ample parking and a detached garage. Lovingly cared for over the years, this home offers a warm and inviting layout featuring an open-concept kitchen and dining area, plus a spacious living room perfect for everyday living and entertaining. A separate side entrance provides convenient access to the lower level, featuring a large recreation room and full bathroom, offering excellent additional living space for a growing family, guests, or a home office. Enjoy an ideal location just steps from parks and schools and minutes to trendy Ottawa Street with its fantastic restaurants, cafés and shops. Easy access to the Red Hill Valley Parkway and Lincoln M. Alexander Parkway makes commuting throughout Hamilton a breeze. A wonderful opportunity in a convenient and welcoming neighbourhood!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$423,920
Land Transfer Taxes$7,073
Legal Fees (Est.)
$
Total cash required for closing$114,553

Total Monthly Obligation

$2,866/mo
Mortgage $2,137
Monthly Loss $2,303
Principal$562
Interest$1,575
Property Tax$353
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.1%28
Cash-on-Cash
-3.5%3
5-Year IRR
12.9%57
10-Year IRR
12.9%
Returns Index
29.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$33,756/yr
NOI
$21,644/yr
Net Cash Flow
-$334/mo
Cash Margin
-11.9%0
Cash Flow Index
0.5/ 100
Risk Profile
Weight: 20%
DSCR
0.8416
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo56
Risk Index
30.4/ 100

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

Comparables

Properties near 38 GARSIDE Avenue S

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.