302 East 28th Street, Hamilton

$519,900
302 East 28th Street

$519,900

Price Change
45d
DetachedBungalow

302 East 28th Street, Hamilton

Total Monthly Obligation $2,821

Beds
4
Baths
1
Park
4
Sqft
700-1100
DOM
45d
Score
22
Yield
5.9%
Cash on Cash
0.0%
Cap Rate
4.6%
5Y IRR
15.6%
10Y IRR
14.6%
Property Type-Detached
MLS® Number-X13763884
Beds-4
Bathrooms-1
Size-700-1100 sqft
Lot Size-40 × 108 ft
Listed on site-Sep 8, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$4,190 (2026)
Parking-5 - Detached
Basement-Separate Entrance, Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE STATE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-flexible
Neighbourhood-Eastmount
Title-Residential Freehold

No agent assigned

Welcome to 302 East 28th! This move-in ready 4-bedroom, 1-bath home offers approximately 1,100 sq ft of bright, well-proportioned living space. Each room is generously sized and filled with natural light, reflecting genuine pride of ownership throughout. The fourth bedroom is currently used as a formal dining room, offering flexibility to suit your needs. The basement is unspoiled with a separate entrance, presenting excellent potential for an in-law suite or additional living space. Enjoy a private backyard, perfect for outdoor relaxation, plus a large, detached garage for parking or storage. Ideally located close to Juravinski Hospital, the Linc, shopping, bus routes, and good schools. A fantastic opportunity for buyers or investors alike. Some photos are adjusted via AI.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$415,920
Land Transfer Taxes$6,873
Legal Fees (Est.)
$
Total cash required for closing$112,353

Total Monthly Obligation

$2,821/mo
Mortgage $2,097
Monthly Loss $2,269
Principal$552
Interest$1,545
Property Tax$349
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.8%2
5-Year IRR
11.2%44
10-Year IRR
11.5%
Returns Index
22.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$30,468/yr
NOI
$18,731/yr
Net Cash Flow
-$536/mo
Cash Margin
-21.1%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7412
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo58
Risk Index
29.2/ 100

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

Comparables

Properties near 302 East 28th 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.

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Data last updated within the past 24 hours.