602 Cochrane Road, Hamilton

$979,900
602 Cochrane Road

$979,900

New
29d
DetachedBungalow

602 Cochrane Road, Hamilton

Total Monthly Obligation $4,980

Beds
6
Baths
5
Park
4
Sqft
1500-2000
DOM
29d
Score
17
Yield
4.6%
Cash on Cash
-5.2%
Cap Rate
3.5%
5Y IRR
11.5%
10Y IRR
11.4%
Property Type-Detached
MLS® Number-X13829050
Beds-6
Bathrooms-5
Size-1500-2000 sqft
Lot Size-50 × 110 ft
Listed on site-Sep 24, 2026
Style-Bungalow
Building Type-Detached
Taxes-$7,834 (2026)
Parking-6 - Attached
Basement-Apartment, Separate Entrance, Full, Finished, Walk-Up
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Rosedale
Title-Residential Freehold

No agent assigned

Exceptional custom-built bungalow with in law suite, ideally located in the highly sought-after Rosedale neighbourhood, just moments from a Golf Club. Showcasing quality craftsmanship and premium finishes throughout, this impressive home offers the perfect blend of elegance, comfort, and versatility. The beautiful stone exterior, double garage, and paved driveway create outstanding curb appeal. Inside, hand scraped maple flooring flows throughout main level, where the spacious living room is highlighted by soaring 14-foot cathedral ceilings, pot lights, a cozy gas fireplace, and expansive windows framing picturesque escarpment views. The open-concept eat-in kitchen is designed for both everyday living and entertaining, featuring custom cabinetry, granite countertops, a large centre island, and a pantry with built-ins. A convenient two-piece powder room and main floor laundry add to the home's thoughtful design. The bedroom wing offers generous accommodations, including a Jack-and-Jill ensuite connecting two spacious bedrooms, each with large closets. The private primary retreat enjoys beautiful escarpment views, a luxurious ensuite bathroom, and an oversized walk-in closet complete with custom built-ins. Step outside to a fully fenced backyard with a large deck, providing the perfect setting for relaxing or entertaining. The fully finished lower level offers an outstanding three-bedroom, two-bathroom in-law suite with its own private entrance and separate laundry. Featuring impressive 9-foot ceilings, a bright open-concept layout, white cabinetry, granite countertops, and a large island with breakfast bar, this self-contained suite is ideal for multigenerational living or extended family. A rare opportunity to own a beautifully finished home with exceptional flexibility in one of Hamilton's most desirable neighbourhoods.

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%
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$783,920
Land Transfer Taxes$16,073
Legal Fees (Est.)
$
Total cash required for closing$213,553

Total Monthly Obligation

$4,980/mo
Mortgage $3,953
Monthly Loss $3,940
Principal$1,040
Interest$2,913
Property Tax$653
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.3%1
5-Year IRR
8.3%25
10-Year IRR
9.3%
Returns Index
13.6/ 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
$44,616/yr
NOI
$27,820/yr
Net Cash Flow
-$1,634/mo
Cash Margin
-44.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo30
Risk Index
18.2/ 100

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

Comparables

Properties near 602 Cochrane Road

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.