38 LECLAIRE Street, Hamilton

$899,999
38 LECLAIRE Street

$899,999

New
34d
DetachedSidesplit

38 LECLAIRE Street, Hamilton

Total Monthly Obligation $4,546

Beds
3
Baths
3
Park
4
Sqft
2000-2500
DOM
34d
Score
19
Yield
5.2%
Cash on Cash
-2.2%
Cap Rate
4.1%
5Y IRR
13.8%
10Y IRR
13.2%
Property Type-Detached
MLS® Number-X13806416
Beds-3
Bathrooms-3
Size-2000-2500 sqft
Lot Size-45 × 104 ft
Listed on site-Sep 19, 2026
Style-Sidesplit
Building Type-Detached
Age-31-50
Taxes-$6,482.59 (2025)
Parking-6 - Attached
Basement-Crawl Space, Finished
Heating-Forced Air (Gas)
Brokerage-IQI GLOBAL REAL ESTATE
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Sewer
Possession-30/60/TBC
Neighbourhood-Fessenden
Title-Residential Freehold

No agent assigned

Welcome to 38 Leclaire Street-a beautifully renovated, custom-built solid-brick home situated on a quiet, tree-lined street in Hamilton's family-friendly Fessenden neighbourhood. Offering approximately 2,800 sq. ft. of total living space, this four-level sidesplit features 3 bedrooms, 3 full bathrooms, a finished basement, an attached double-car garage with automatic door opener and a rare pie-shaped lot. Extensive renovations completed in 2023 include an updated kitchen with new counter tops and backsplash, appliances, hardwood flooring, custom baseboards, contemporary glass railings between the breakfast area and sunken family room, a finished basement and complete renovations of both upper-level bathrooms. Freshly painted in 2025, the home also features premium German-engineered inward-opening windows (2010), automatic shutters on select side and rear windows, a furnace installed in 2016 and app-enabled automated dimmable lighting, offering convenient remote control from a smartphone. The bright family room features an electric fireplace and a mounted 85-inch Samsung television, which is included with the home, along with a walkout to a large private backyard with a covered patio-ideal for entertaining, outdoor dining or relaxing. The main floor also offers a full 3-piece bathroom and customized laundry room with built-in drawers and upper cabinetry. Upstairs are three generous bedrooms, including a spacious primary suite with a renovated ensuite. The updated main bathroom features a double vanity and custom full-size storage cabinet. Walk to Sir Allan MacNab Secondary School, Farm Boy, Shoppers Drug Mart and everyday conveniences, with easy access to parks, recreation, Highway 403, the LINC, Mohawk College, McMaster University and McMaster Children's Hospital. A thoughtfully upgraded, move-in-ready family home offering space, privacy and convenience in an established neighbourhood. Pie shaped lot 45ft frontage with backside 74 ft and dept of 104 ft

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$719,999
Land Transfer Taxes$14,475
Legal Fees (Est.)
$
Total cash required for closing$195,975

Total Monthly Obligation

$4,546/mo
Mortgage $3,630
Monthly Loss $3,590
Principal$955
Interest$2,675
Property Tax$540
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%22
Cash-on-Cash
-6.6%2
5-Year IRR
10.4%38
10-Year IRR
10.9%
Returns Index
20.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$46,404/yr
NOI
$30,781/yr
Net Cash Flow
-$1,065/mo
Cash Margin
-27.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7110
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
20.5/ 100

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

Comparables

Properties near 38 LECLAIRE Street

Time

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