36 Buckingham Drive, Hamilton

$865,000
36 Buckingham Drive

$865,000

New
35d
Detached2-Storey

36 Buckingham Drive, Hamilton

Total Monthly Obligation $4,381

Beds
5
Baths
3
Park
4
Sqft
1500-2000
DOM
35d
Score
24
Yield
6.3%
Cash on Cash
2.8%
Cap Rate
5.2%
5Y IRR
17.8%
10Y IRR
16.4%
Property Type-Detached
MLS® Number-X13803206
Beds-5
Bathrooms-3
Size-1500-2000 sqft
Lot Size-45 × 163 ft
Listed on site-Sep 18, 2026
Style-2-Storey
Building Type-Detached
Age-51-99
Taxes-$6,198.5 (2025)
Parking-5 - Attached
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-THE AGENCY
Cooling-Central Air
Laundry-No
Fireplace-Electric, Wood
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Fibreglass Shingle
Foundation-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Westcliffe
Title-Residential Freehold

No agent assigned

Exceptional opportunity in the sought-after Westcliffe neighbourhood on Hamilton Mountain. This well-maintained home has been owned and cared for by the same family for over 50 years, reflecting true pride of ownership. Set on a large lot within a low-traffic court, the property offers rare depth and privacy. The main floor features a spacious eat-in kitchen with ample storage, large windows, and backyard views. The living and dining area with original hardwood flooring and fireplace is filled with natural light, an excellent setting for entertaining. The main floor den provides flexibility for a home office or guest room. The second floor includes four bedrooms, with one currently converted to a convenient second-floor laundry (easily reverted if desired). Original hardwood flooring remains beneath the upstairs carpet. The walk-out basement offers a retro 1970s rec room with wood panelling and fireplace, creating a gathering space full of character. Bsmt also includes a second kitchen, bathroom, laundry, and separate entrance, well-suited for an in-law suite or income potential. Exterior features include a concrete driveway and walkway to the backyard. The elevated rear deck overlooking the yard and views toward Hamilton and Lake Ontario creates an almost country-like setting within the city. Unlike new subdivisions, this property features a larger lot within an established setting. Close to schools, shopping, transit, parks, trails, Chedoke stairs, and recreation centres, with quick highway access. A rare opportunity on Hamilton Mountain. See the feature sheet for details.

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$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$692,000
Land Transfer Taxes$13,775
Legal Fees (Est.)
$
Total cash required for closing$188,275

Total Monthly Obligation

$4,381/mo
Mortgage $3,489
Monthly Loss $3,463
Principal$918
Interest$2,571
Property Tax$517
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.4%31
Cash-on-Cash
-2.1%5
5-Year IRR
14.0%65
10-Year IRR
13.7%
Returns Index
33.8/ 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
$54,084/yr
NOI
$37,977/yr
Net Cash Flow
-$324/mo
Cash Margin
-7.2%1
Cash Flow Index
1.2/ 100
Risk Profile
Weight: 20%
DSCR
0.9120
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
24.2/ 100

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

Comparables

Properties near 36 Buckingham Drive

Time

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