173 West 32nd Street, Hamilton

$799,000
173 West 32nd Street

$799,000

New
36d
DetachedBungalow

173 West 32nd Street, Hamilton

Total Monthly Obligation $4,066

Beds
6
Baths
2
Park
4
Sqft
700-1100
DOM
36d
Score
18
Yield
4.6%
Cash on Cash
-4.7%
Cap Rate
3.6%
5Y IRR
11.9%
10Y IRR
11.7%
Property Type-Detached
MLS® Number-X13797712
Beds-6
Bathrooms-2
Size-700-1100 sqft
Lot Size-50.01 × 100.22 ft
Listed on site-Sep 17, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$5,620 (2026)
Parking-4 - None
Basement-Apartment, Finished, Full, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-Coldwell Banker Community Professionals
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-90+ days
Neighbourhood-Westcliffe
Title-Residential Freehold

No agent assigned

Nothing to do but move in! This lovely bungalow has been meticulously updated with quality finishings. 3 + 3 bedrooms and 2 baths. Updated laminate, newer kitchen and bathroom on main level. Lower level can be entered from the main floor or through a separate side entrance. This lower level was completed in 2025 with a kitchen featuring stainless fridge & stove, 3 piece bath, 3 bedrooms and easy care laminate flooring. Perfect for a teen retreat, extra living space or in-law potential. Furnace and air updated in 2016, windows 2020, water main 2022, roof2017. Spacious, private, fenced backyard and parking for at least 4 cars. Enjoy this family friendly neighbourhood with access to the brow and Chedoke stairs, numerous waterfalls, public transit, schools and a short distance to shopping, Hillfield Strathallan College, Mohawk College and the Meadowlands. Current tenant would like to stay if possible. Photos are prior to current tenant. RSA

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$639,200
Land Transfer Taxes$12,455
Legal Fees (Est.)
$
Total cash required for closing$173,755

Total Monthly Obligation

$4,066/mo
Mortgage $3,223
Monthly Loss $3,218
Principal$848
Interest$2,375
Property Tax$468
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.1%1
5-Year IRR
8.5%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
$36,852/yr
NOI
$23,047/yr
Net Cash Flow
-$1,302/mo
Cash Margin
-42.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
20.9/ 100

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

Comparables

Properties near 173 West 32nd Street

Time

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Data last updated within the past 24 hours.