264 Britannia Avenue, Hamilton

$599,900
264 Britannia Avenue

$599,900

New
23d
Detached1 1/2 Storey

264 Britannia Avenue, Hamilton

Total Monthly Obligation $3,071

HausQ Valuation Report
Beds
4
Baths
2
Park
2
Sqft
700-1100
DOM
23d
Score
22
Yield
5.7%
Cash on Cash
0.6%
Cap Rate
4.7%
5Y IRR
16.0%
10Y IRR
15.0%
Property Type-Detached
MLS® Number-X13844716
Beds-4
Bathrooms-2
Size-700-1100 sqft
Lot Size-35 × 81.16 ft
Listed on site-Sep 30, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$3,317 (2026)
Parking-3 - Detached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Aluminum Siding, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Homeside
Title-Residential Freehold

No agent assigned

Welcome to 264 Britannia Avenue, a fully renovated, move-in-ready home in Hamilton's sought-after Homeside neighbourhood! This property has been updated top to bottom, featuring a renovated kitchen, refreshed bathrooms, new flooring, and fresh paint throughout. The main floor offers a comfortable bedroom, while upstairs you'll find a huge primary bedroom all to itself. The lower level impresses with two additional bedrooms, a full bathroom, a kitchenette, a second living room, its own laundry, and a private separate entrance. Perfect in-law or multi-generational potential for the right buyer. Major systems have been well maintained, including an upgraded 180-amp electrical panel (2016), and a newer roof (approx. 2022). The front porch received new fencing and railing just last summer. Set on a corner lot with a driveway and a detached garage with its own dedicated power, this home also comes with a hot tub, available to negotiate. Close to schools, shopping, and transit, a rare opportunity in this price point

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

Mortgage Amount
$479,920
Land Transfer Taxes$8,473
Legal Fees (Est.)
$
Total cash required for closing$129,953

Total Monthly Obligation

$3,071/mo
Mortgage $2,420
Monthly Loss $2,434
Principal$637
Interest$1,783
Property Tax$276
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-4.8%2
5-Year IRR
11.9%49
10-Year IRR
12.1%
Returns Index
25.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$34,116/yr
NOI
$22,887/yr
Net Cash Flow
-$513/mo
Cash Margin
-18.0%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7914
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
28.0/ 100

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

Comparables

Properties near 264 Britannia Avenue

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.