83 NAPIER Street, Hamilton

$349,900
83 NAPIER Street

$349,900

New
28d
Att/Row/Townhouse2-Storey

83 NAPIER Street, Hamilton

Total Monthly Obligation $2,069

Beds
2
Baths
1
Park
0
Sqft
700-1100
DOM
28d
Score
20
Yield
5.6%
Cash on Cash
-2.6%
Cap Rate
4.0%
5Y IRR
13.5%
10Y IRR
13.0%
Property Type-Att/Row/Townhouse
MLS® Number-X13831658
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-16 × 30 ft
Listed on site-Sep 25, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$3,397 (2026)
Parking-None
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Sewer
Possession--
Neighbourhood-Central
Title-Residential Freehold

No agent assigned

Downtown Hamilton gem all brick three-bedroom row house. Charming all brick rowhouse in the heart of downtown Hamilton, with walkability to trendy cafes, restaurants, shops, and nightlife along James Street and Locke Street. With easy access to GO Transit, public transit routes, parks, and the escarpment trail. The solid brick construction brings timeless character and low maintenance appeal. On street parking permits are available through the City of Hamilton, giving residents convenient parking right in front of the home, a rare perk downtown. A fantastic opportunity for investors or first-time buyers alike. The current tenant has called this home for over ten years and would love to stay, paying $1818 per month plus utilities. That means reliable income from day one with a tenant who genuinely cares for the property. Don't miss this rare downtown opportunity combining location, character, and long-term investment potential all in one package. RSA

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

Closing Costs

Mortgage Amount
$279,920
Land Transfer Taxes$3,724
Legal Fees (Est.)
$
Total cash required for closing$75,204

Total Monthly Obligation

$2,069/mo
Mortgage $1,411
Monthly Loss $1,698
Principal$371
Interest$1,040
Property Tax$283
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.6%1
5-Year IRR
8.2%24
10-Year IRR
9.3%
Returns Index
13.3/ 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
$19,548/yr
NOI
$9,696/yr
Net Cash Flow
-$603/mo
Cash Margin
-37.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
4.6 mo79
Risk Index
34.5/ 100

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

Comparables

Properties near 83 NAPIER Street

Time

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