54 Inverness Avenue W, Hamilton

$1,050,000
54 Inverness Avenue W

$1,050,000

Price Change
30d
DetachedSidesplit 4

54 Inverness Avenue W, Hamilton

Total Monthly Obligation $5,203

Beds
3
Baths
2
Park
2
Sqft
2000-2500
DOM
30d
Score
17
Yield
4.3%
Cash on Cash
-5.9%
Cap Rate
3.3%
5Y IRR
10.9%
10Y IRR
10.9%
Property Type-Detached
MLS® Number-X13819682
Beds-3
Bathrooms-2
Size-2000-2500 sqft
Lot Size-55.92 × 100 ft
Listed on site-Sep 23, 2026
Style-Sidesplit 4
Building Type-Detached
Taxes-$7,116.55 (2026)
Parking-3 - Attached
Basement-Finished, Partial Basement
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE STATE REALTY
Cooling-Other
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Rolled
Foundation-Concrete Block
Sewer-Sewer
Possession-60-90
Neighbourhood-Southam
Title-Residential Freehold

No agent assigned

c. 1960 Mid-Century four-level side-split in a mature, sought-after neighborhood. Immaculately maintained and thoughtfully updated, this custom home offers 2,130 sq. ft. of beautifully designed living space, plus a finished lower level with natural light. The layout is truly exceptional. The main floor welcomes you with a south-facing covered front porch, a spacious living room with built-in shelving and soaring ceiling, and a superb chef's kitchen featuring granite island and counters, a huge picture window, gracious dining area, vaulted ceiling and access to the BBQ deck. An interior entry from the garage and dedicated ground-level mudroom add exceptional everyday convenience. The cozy yet spacious family room offers a gas fireplace and patio doors opening to the beautifully landscaped rear garden. The upper level features three bedrooms, including a generous primary bedroom with ample closet space, and a luxurious full bath. The lower level provides a versatile games room, second full bath, laundry and excellent storage. Outside, the fully fenced garden is a private retreat, with multiple patio areas, perennial gardens and gazebo, all framed by mature trees. Numerous updates throughout ensure comfort and peace of mind while preserving the home's distinctive character. A truly magnificent, one-of-a-kind property offering.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$840,000
Land Transfer Taxes$17,475
Legal Fees (Est.)
$
Total cash required for closing$228,975

Total Monthly Obligation

$5,203/mo
Mortgage $4,235
Monthly Loss $4,089
Principal$1,115
Interest$3,121
Property Tax$593
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.8%1
5-Year IRR
7.9%22
10-Year IRR
8.9%
Returns Index
12.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$44,748/yr
NOI
$28,657/yr
Net Cash Flow
-$1,847/mo
Cash Margin
-49.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo29
Risk Index
17.6/ 100

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

Comparables

Properties near 54 Inverness Avenue W

Time

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