206 East 19th Street, Hamilton

$629,000
206 East 19th Street

$629,000

New
21d
DetachedBungalow

206 East 19th Street, Hamilton

Total Monthly Obligation $3,272

Beds
3
Baths
2
Park
3
Sqft
700-1100
DOM
21d
Score
20
Yield
5.4%
Cash on Cash
-1.4%
Cap Rate
4.3%
5Y IRR
14.4%
10Y IRR
13.7%
Property Type-Detached
MLS® Number-X13869690
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-40 × 113.5 ft
Listed on site-Oct 2, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,313.54 (2026)
Parking-3 - None
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Aluminum Siding
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Sewer
Possession-TBD
Neighbourhood-Inch Park
Title-Residential Freehold

No agent assigned

Beautifully updated brick bungalow on a generous 40 x 113.5 ft lot. Major updates include replacement of the water and sanitary service lines from the house to the street, along with a new exterior backflow preventer (2020) and a new furnace (2022). Enjoy the convenience of bungalow living with the added flexibility of finished space below. The main floor features a bright, open-concept living and dining area with an oversized window and pot lights, flowing into the modern white kitchen with ample cabinetry, stone countertops and a custom tile backsplash, creating a comfortable and practical space for everyday living. Two well-proportioned bedrooms share a stylishly updated bathroom with a linen cabinet. The finished basement adds valuable living space with a spacious recreation room completed in 2026, pot lights, a stylish 2-piece bath updated in 2025, and an additional versatile room currently used by the seller as a bedroom/home office. The space is also well suited for guests, a hobby room, or other flexible uses. Step through the back door onto a large deck overlooking the private, fenced and landscaped backyard with a custom-built garden shed, creating an inviting space for gatherings, gardening or a quiet morning coffee. A long private driveway provides parking for up to 3 vehicles. Conveniently located near Inch Park Arena and Outdoor Pool, schools, parks, shopping, transit and major routes for easy commuting and everyday errands. Numerous updates include backyard landscaping, eavestroughs and downspouts (2024); new flooring in both main-floor bedrooms (2023); updated kitchen, main-floor bathroom and shed patio (2022); foyer, living-room pot lights and custom backyard shed (2021); and front and back doors (2020).

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

Closing Costs

Mortgage Amount
$503,200
Land Transfer Taxes$9,055
Legal Fees (Est.)
$
Total cash required for closing$136,355

Total Monthly Obligation

$3,272/mo
Mortgage $2,537
Monthly Loss $2,604
Principal$668
Interest$1,870
Property Tax$359
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%22
Cash-on-Cash
-6.6%2
5-Year IRR
10.4%39
10-Year IRR
10.9%
Returns Index
20.3/ 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
$33,696/yr
NOI
$21,513/yr
Net Cash Flow
-$744/mo
Cash Margin
-26.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7110
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo49
Risk Index
25.7/ 100

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

Comparables

Properties near 206 East 19th Street

Time

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