82 Normanhurst Avenue, Hamilton

$519,999
82 Normanhurst Avenue

$519,999

New
17d
DetachedBungalow

82 Normanhurst Avenue, Hamilton

Total Monthly Obligation $2,723

Beds
4
Baths
2
Park
4
Sqft
700-1100
DOM
17d
Score
23
Yield
6.0%
Cash on Cash
1.5%
Cap Rate
4.9%
5Y IRR
16.8%
10Y IRR
15.6%
Property Type-Detached
MLS® Number-X13869298
Beds-4
Bathrooms-2
Size-700-1100 sqft
Lot Size-40 × 92.5 ft
Listed on site-Oct 6, 2026
Style-Bungalow
Building Type-Detached
Taxes-$3,009.24 (2025)
Parking-5 - Detached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Aluminum Siding, Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Normanhurst
Title-Residential Freehold

No agent assigned

Welcome to this beautifully renovated detached bungalow in Hamilton's desirable Normanhurst neighbourhood. Move-in ready, this home features new vinyl flooring throughout, modern pot lights, updated water and sewer plumbing lines, upgraded electrical wiring, and a new A/C unit (2023). The bright main floor offers a spacious living room, two generous bedrooms, a renovated 4-piece bathroom, and a stunning kitchen featuring beautiful cabinetry, quartz countertops, a matching backsplash, and new stove, range hood, dishwasher, and refrigerator. The finished basement adds incredible versatility with a second kitchen, two additional bedrooms, a full bathroom with a standing shower, a laundry area with a newer washer, and ample storage space-making it ideal for extended family or multi-generational living.Enjoy outdoor living with a beautiful front deck (completed December 2025), a covered rear porch, a spacious backyard with an additional deck, a detached garage, and a private driveway accommodating up to four vehicles. The hot water tank is fully owned. Conveniently located within walking distance to schools, parks, shopping, public transit, and a local hospital. You are just minutes from The Centre on Barton, Eastgate Square, the proposed Hamilton LRT, and major highways. This extensively updated home combines modern upgrades, functional living space, and an excellent location, making it a fantastic opportunity for families, first-time buyers, or investors.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$415,999
Land Transfer Taxes$6,875
Legal Fees (Est.)
$
Total cash required for closing$112,375

Total Monthly Obligation

$2,723/mo
Mortgage $2,098
Monthly Loss $2,171
Principal$552
Interest$1,546
Property Tax$251
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.3%3
5-Year IRR
12.3%52
10-Year IRR
12.4%
Returns Index
27.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$30,972/yr
NOI
$20,366/yr
Net Cash Flow
-$400/mo
Cash Margin
-15.5%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.8115
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
31.0/ 100

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

Comparables

Properties near 82 Normanhurst Avenue

Time

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