2696 HIGHWAY 6, Hamilton

$844,900
2696 HIGHWAY 6

$844,900

Price Change
44d
DetachedBungalow

2696 HIGHWAY 6, Hamilton

Total Monthly Obligation $4,199

Beds
5
Baths
3
Park
5
Sqft
1500-2000
DOM
44d
Score
18
Yield
4.6%
Cash on Cash
-4.2%
Cap Rate
3.7%
5Y IRR
12.2%
10Y IRR
12.0%
Property Type-Detached
MLS® Number-X13769258
Beds-5
Bathrooms-3
Size-1500-2000 sqft
Lot Size-95.81 × 429.08 ft
Listed on site-Sep 9, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,993 (2025)
Parking-6 - Detached
Basement-Full, Unfinished, Crawl Space
Heating-Forced Air (Gas)
Brokerage-THE AGENCY
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-30 Days
Neighbourhood-Airport Employment Area
Title-Residential Freehold

No agent assigned

Unique Property Offering: A Rare Blend Of Current Comfort And Future Potential! Situated On Nearly 1 Acre Of Land. Designed with flexibility in mind, the home is currently configured as two side-by-side living spaces, each with its own kitchen, living areas, bathrooms, and multiple rooms. A connecting interior doorway allows the property to function as one larger home or two separate living spaces depending on your needs. This versatile layout is ideal for large families, multi-generational living arrangements, rental income opportunities, or those seeking additional space for extended family members.The expansive lot provides plenty of outdoor space while offering exciting future possibilities. Conveniently located along Upper James Street/Highway 6, just minutes from John C. Munro Hamilton International Airport, major highways, shopping, restaurants, and everyday amenities, this property offers excellent accessibility while being positioned within one of Hamilton's growing employment and business corridors. Whether you're searching for a home with flexible living arrangements, an income-generating property, or a long-term investment in a growing area, this unique offering provides options that are increasingly difficult to find. A rare opportunity to own a sizable property with existing residential functionality and future potential in a strategic Hamilton location. (some photos are virtually staged)

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$675,920
Land Transfer Taxes$13,373
Legal Fees (Est.)
$
Total cash required for closing$183,853

Total Monthly Obligation

$4,199/mo
Mortgage $3,408
Monthly Loss $3,302
Principal$897
Interest$2,511
Property Tax$416
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.6%1
5-Year IRR
8.9%28
10-Year IRR
9.7%
Returns Index
15.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$38,700/yr
NOI
$25,337/yr
Net Cash Flow
-$1,297/mo
Cash Margin
-40.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.627
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
20.6/ 100

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

Comparables

Properties near 2696 HIGHWAY 6

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.