15 Carwyn Crescent, Hamilton

$744,900
15 Carwyn Crescent

$744,900

New
28d
DetachedBungalow-Raised

15 Carwyn Crescent, Hamilton

Total Monthly Obligation $3,851

Beds
7
Baths
2
Park
4
Sqft
700-1100
DOM
28d
Score
19
Yield
5.1%
Cash on Cash
-2.6%
Cap Rate
4.0%
5Y IRR
13.5%
10Y IRR
13.0%
Property Type-Detached
MLS® Number-X13830154
Beds-7
Bathrooms-2
Size-700-1100 sqft
Lot Size-49 × 100 ft
Listed on site-Sep 25, 2026
Style-Bungalow-Raised
Building Type-Detached
Age-51-99
Taxes-$5,653 (2026)
Parking-4 - None
Basement-Apartment, Finished, Full, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Ainslie Wood
Title-Residential Freehold

No agent assigned

INVESTORS: Move-in ready and meticulously maintained, 7 rooms near McMaster at $750/room = $63,000 gross annual rent, approx. $51,000 net before mortgage. 3+4 bedroom detached bungalow, vacant and ready to lease. Roof 2019, furnace 2021, A/C 2022, owned water heater. Main floor has 3 bedrooms, hardwood, quartz kitchen counters, and a new front door, sliding door and interior doors (2022). Lower level has 4 bedrooms, a second kitchen, an updated bath, newer windows and a separate entrance with a new door (2021). Includes 2 fridges, 2 stoves, 2 microwaves, 2 dishwashers, washer and dryer. Previously set up as two separate units. Main-floor laundry was removed, but its electrical and plumbing remain, making it easy to convert back. Over 2,000 sq ft finished. 3-minute walk to transit, approx. 5 minutes to McMaster by bus. Also a clean, well-kept option for parents buying for a student. Don't delay!

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

Closing Costs

Mortgage Amount
$595,920
Land Transfer Taxes$11,373
Legal Fees (Est.)
$
Total cash required for closing$161,853

Total Monthly Obligation

$3,851/mo
Mortgage $3,005
Monthly Loss $3,060
Principal$791
Interest$2,214
Property Tax$471
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%20
Cash-on-Cash
-7.3%1
5-Year IRR
9.9%35
10-Year IRR
10.5%
Returns Index
18.4/ 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
$38,328/yr
NOI
$24,342/yr
Net Cash Flow
-$976/mo
Cash Margin
-30.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
22.5/ 100

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

Comparables

Properties near 15 Carwyn Crescent

Time

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