126 Niagara Street, Hamilton

$485,000
126 Niagara Street

$485,000

New
28d
Detached2-Storey

126 Niagara Street, Hamilton

Total Monthly Obligation $2,544

Beds
3
Baths
2
Park
1
Sqft
1100-1500
DOM
28d
Score
25
Yield
6.3%
Cash on Cash
3.3%
Cap Rate
5.3%
5Y IRR
18.2%
10Y IRR
16.7%
Property Type-Detached
MLS® Number-X13830134
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-22.19 × 131.52 ft
Listed on site-Sep 25, 2026
Style-2-Storey
Building Type-Detached
Age-100+
Taxes-$2,553 (2026)
Parking-1 - None
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE STATE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Sewer
Possession-60-89
Neighbourhood-Industrial Sector
Title-Residential Freehold

No agent assigned

A fantastic opportunity for first-time buyers and growing families in a quiet Hamilton Centre neighbourhood! This beautifully maintained and modernized home offers more than 1,400 sq. ft. of bright and comfortable living space with 3 bedrooms, 1.5 bathrooms and spacious principal rooms throughout. Updated main-floor flooring and fresh, light-toned walls throughout create a bright and airy feel, while the generous eat-in kitchen offers plenty of space for family meals and large main floor living area for everyday living. Thoughtful updates provide added peace of mind, including the roof completed in 2019, furnace and air conditioning in 2018, and an on-demand water heater installed in 2021.Step outside to a fabulous deep backyard featuring a deck perfect for entertaining and a large grassy area with plenty of room for kids and furry family members to play. Front drive parking adds everyday convenience. Enjoy a central location just minutes from Pier 4, Bayfront Park, the restaurants and shops of vibrant James Street North, downtown Hamilton and easy highway access. A wonderful combination of space, updates, outdoor living and location, ready for its next family to call home!

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

Closing Costs

Mortgage Amount
$388,000
Land Transfer Taxes$6,175
Legal Fees (Est.)
$
Total cash required for closing$104,675

Total Monthly Obligation

$2,544/mo
Mortgage $1,956
Monthly Loss $2,029
Principal$515
Interest$1,442
Property Tax$213
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.2%29
Cash-on-Cash
-2.9%4
5-Year IRR
13.4%60
10-Year IRR
13.3%
Returns Index
31.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 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
$30,600/yr
NOI
$20,487/yr
Net Cash Flow
-$249/mo
Cash Margin
-9.8%1
Cash Flow Index
0.7/ 100
Risk Profile
Weight: 20%
DSCR
0.8718
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo64
Risk Index
33.6/ 100

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

Comparables

Properties near 126 Niagara Street

Time

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