63 Folkestone Avenue, Hamilton

$779,999
63 Folkestone Avenue

$779,999

New
29d
Detached2-Storey

63 Folkestone Avenue, Hamilton

Total Monthly Obligation $3,956

HausQ Valuation Report
Beds
5
Baths
3
Park
6
Sqft
1500-2000
DOM
29d
Score
19
Yield
4.9%
Cash on Cash
-3.2%
Cap Rate
3.9%
5Y IRR
13.0%
10Y IRR
12.6%
Property Type-Detached
MLS® Number-X13826578
Beds-5
Bathrooms-3
Size-1500-2000 sqft
Lot Size-44.2 × 100 ft
Listed on site-Sep 24, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,216.39 (2026)
Parking-6 - None
Basement-Full, Walk-Up, Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE STATE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Aluminum Siding, Vinyl Siding
Roof-Metal
Foundation-Block
Sewer-Sewer
Possession-TBD
Neighbourhood-Lawfield
Title-Residential Freehold

No agent assigned

Welcome to 63 Folkestone Avenue, a spacious 5-bedroom, 2.5-bathroom home located in the desirable Lawfield neighbourhood on Hamilton Mountain. Offering a versatile layout with plenty of room for growing or multi-generational families, this well-maintained home has seen several significant updates. Windows were replaced in July 2023, followed by new front and kitchen side doors with a storm door in March 2024. A metal roof was installed in March 2025, with new eavestroughs completed in 2025. The kitchen features a refrigerator replaced in June 2022 and a new stove added in June 2025. The lower level provides additional living space with large windows that allow for plenty of natural light. With five bedrooms, multiple bathrooms, valuable recent updates and a convenient location close to schools, parks, shopping, transit and everyday amenities, this home offers plenty of space and flexibility to suit a variety of lifestyles.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$623,999
Land Transfer Taxes$12,075
Legal Fees (Est.)
$
Total cash required for closing$169,575

Total Monthly Obligation

$3,956/mo
Mortgage $3,146
Monthly Loss $3,128
Principal$828
Interest$2,318
Property Tax$435
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.8%1
5-Year IRR
9.5%32
10-Year IRR
10.2%
Returns Index
17.2/ 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
$38,280/yr
NOI
$24,736/yr
Net Cash Flow
-$1,085/mo
Cash Margin
-34.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.668
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo39
Risk Index
21.8/ 100

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

Comparables

Properties near 63 Folkestone 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.