134 Deschene Avenue, Hamilton

$739,000
134 Deschene Avenue

$739,000

Price Change
37d
DetachedBungalow

134 Deschene Avenue, Hamilton

Total Monthly Obligation $3,731

Beds
5
Baths
2
Park
4
Sqft
700-1100
DOM
37d
Score
18
Yield
4.6%
Cash on Cash
-4.5%
Cap Rate
3.6%
5Y IRR
12.0%
10Y IRR
11.8%
Property Type-Detached
MLS® Number-X13794576
Beds-5
Bathrooms-2
Size-700-1100 sqft
Lot Size-47.5 × 133 ft
Listed on site-Sep 16, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,499.64 (2026)
Parking-5 - Carport
Basement-Apartment, Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Aluminum Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Immediate
Neighbourhood-Greeningdon
Title-Residential Freehold

No agent assigned

RARE LEGAL RETROFITTED DUPLEX ON CENTRAL HAMILTON MOUNTAIN! Exceptional turn-key investment orlive-in mortgage helper situated on a premium 48' x 133' lot with outstanding potential for agarden suite or future expansion. Full legal conversion completed April 2022 with completezoning and permit documentation on file.Upper unit features a bright, sun-filled 3-bedroom, 1-bathroom layout with a modern kitchen,stainless steel appliances, and ample storage space. The lower level boasts a spaciousopen-concept layout with a private separate side entrance. Lower unit vacant Oct 1st-set yourtop market rent or move in! Upper unit fully tenant-occupied.Designed for hassle-free property management: 2 separate electrical panels for tenant-paidhydro, 60/40 heat split, dedicated private laundry setups for both levels, and an upgraded1-inch main waterline. Furnace & A/C new in 2022, Roof 2013. Prime location minutes totop-rated schools, parks, shopping centers, and transit. A turnkey, cash-flowing asset delivering unbeatable versatile

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Closing Costs

Mortgage Amount
$591,200
Land Transfer Taxes$11,255
Legal Fees (Est.)
$
Total cash required for closing$160,555

Total Monthly Obligation

$3,731/mo
Mortgage $2,981
Monthly Loss $2,946
Principal$784
Interest$2,196
Property Tax$375
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.1%1
5-Year IRR
8.4%26
10-Year IRR
9.4%
Returns Index
14.1/ 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
$33,660/yr
NOI
$21,294/yr
Net Cash Flow
-$1,206/mo
Cash Margin
-43.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
22.3/ 100

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

Comparables

Properties near 134 Deschene 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.