84 Frederick Avenue, Hamilton

$390,000
84 Frederick Avenue

$390,000

New
29d
DetachedBungalow

84 Frederick Avenue, Hamilton

Total Monthly Obligation $2,120

Beds
2
Baths
1
Park
0
Sqft
< 700
DOM
29d
Score
20
Yield
4.8%
Cash on Cash
-3.9%
Cap Rate
3.7%
5Y IRR
12.4%
10Y IRR
12.1%
Property Type-Detached
MLS® Number-X13830172
Beds-2
Bathrooms-1
Size-< 700 sqft
Lot Size-25 × 93.91 ft
Listed on site-Sep 24, 2026
Style-Bungalow
Building Type-Detached
Taxes-$2,064.66 (2025)
Parking-None
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Aluminum Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Crown Point
Title-Residential Freehold

No agent assigned

Welcome to this charming bungalow in Hamilton's highly sought-after Crown Point neighbourhood. Rich in character and originally built in 1943, this well-maintained 2-bedroom, 1-bathroom home blends timeless charm with thoughtful modern updates. Nestled on a quiet, tree-lined street, it offers an excellent opportunity for first-time buyers or investors looking to purchase in a welcoming, family friendly community. Filled with natural light, the home offers a warm and inviting atmosphere throughout. The bright living room features a large front window and a stylish new chandelier, while the updated kitchen boasts ample cabinetry, generous storage, and a modern new backsplash. The freshly painted primary bedroom provides a comfortable retreat, and the second bedroom showcases new flooring, a new chandelier, and overlooks the backyard deck. A well-appointed 4-piece bathroom completes the main level. Step outside to a spacious backyard with a 10' x 7' deck, offering the perfect space for relaxing, gardening, or entertaining family and friends. The unfinished basement presents endless possibilities, providing a blank canvas to customize and create additional living space to suit your needs. Ideally located within walking distance of Centre Mall, the shops and restaurants along Ottawa Street, parks, schools, and public transit, this home combines everyday convenience with neighbourhood charm. Commuters will also appreciate quick access to Highway 403 and the QEW. Discover the warmth, character, and potential that make 84 Frederick Avenue a wonderful place to call home.

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

Closing Costs

Mortgage Amount
$312,000
Land Transfer Taxes$4,325
Legal Fees (Est.)
$
Total cash required for closing$83,825

Total Monthly Obligation

$2,120/mo
Mortgage $1,573
Monthly Loss $1,706
Principal$414
Interest$1,159
Property Tax$172
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.3%1
5-Year IRR
7.6%21
10-Year IRR
8.8%
Returns Index
11.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$18,696/yr
NOI
$10,262/yr
Net Cash Flow
-$718/mo
Cash Margin
-46.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.546
LTV Ratio
80.0%18
Vacancy Buffer
4.5 mo78
Risk Index
33.8/ 100

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

Comparables

Properties near 84 Frederick Avenue

Time

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Data last updated within the past 24 hours.