331 Strathearne Avenue, Hamilton

$799,990
331 Strathearne Avenue

$799,990

New
17d
Detached2-Storey

331 Strathearne Avenue, Hamilton

Total Monthly Obligation $3,602

HausQ Valuation Report
Beds
3
Baths
3
Park
1
Sqft
1500-2000
DOM
17d
Score
19
Yield
4.3%
Cash on Cash
-2.8%
Cap Rate
4.0%
5Y IRR
13.3%
10Y IRR
12.8%
Property Type-Detached
MLS® Number-X13869452
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-25 × 95 ft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Detached
Age-New
Parking-2 - Built-In
Basement-Development Potential
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick Veneer, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete, Poured Concrete
Sewer-Sewer
Possession--
Neighbourhood-Homeside
Title-Residential Freehold

No agent assigned

This is a rare opportunity to own a brand new, fully detached home in a rapidly developing East Hamilton neighbourhood. Now available preconstruction at Strathearne Avenue, this thoughtfully designed home will be built for you from the ground up. All permits and plans are in place, and construction will be completed on your behalf. The finished 1,737 sqft. home will feature three bedrooms, three bathrooms, and an attached garage. The design includes a modern open-concept main floor, a spacious kitchen and living area, and quality finishes throughout. The basement will include a separate entrance and rough-ins for a future legal additional dwelling unit (ADU), providing flexibility for added income or multi-generational living. This is a fully serviced lot, with water, sewer, and utilities already at the lot line and ready for hookup. Buyers will have the opportunity to select certain finishes and features to personalize the home to their taste. Enjoy the convenience of a turnkey experience with no need to manage permits or construction timelines. Secure your new home at today's pricing and move into a brand new build tailored to you.

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

Closing Costs

Mortgage Amount
$639,992
Land Transfer Taxes$12,475
Legal Fees (Est.)
$
Total cash required for closing$173,973

Total Monthly Obligation

$3,602/mo
Mortgage $3,227
Monthly Loss $2,753
Principal$849
Interest$2,378
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.1%1
5-Year IRR
9.9%35
10-Year IRR
10.4%
Returns Index
18.5/ 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
$34,368/yr
NOI
$26,431/yr
Net Cash Flow
-$1,024/mo
Cash Margin
-35.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo43
Risk Index
23.7/ 100

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

Comparables

Properties near 331 Strathearne 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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.