81 Holmes Avenue, Hamilton

$630,000
81 Holmes Avenue

$630,000

New
16d
Detached1 1/2 Storey

81 Holmes Avenue, Hamilton

Total Monthly Obligation $3,317

HausQ Valuation Report
Beds
6
Baths
2
Park
0
Sqft
700-1100
DOM
16d
Yield
9.0%
Cash on Cash
14.4%
Cap Rate
7.7%
5Y IRR
27.3%
10Y IRR
24.5%
Property Type-Detached
MLS® Number-X13871464
Beds-6
Bathrooms-2
Size-700-1100 sqft
Lot Size-25.05 × 100.16 ft
Listed on site-Oct 7, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$4,811.85 (2026)
Parking-None
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Brick Front, Metal/Steel Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-30/45/60
Neighbourhood-Ainslie Wood
Title-Residential Freehold

No agent assigned

Prime McMaster University Student Rental Investment! This Turnkey 6-Bedroom, 2-Bathroom Home Is Currently Fully Rented To Students And Generates Approximately $4,900/Month In Rental Income, Or $58,800 Annually. Featuring 3 Bedrooms On The Main Level And 3 Bedrooms On The Lower Level, This Property Offers An Ideal Layout For Student Tenants. Excellent Location Just Minutes To McMaster University, McMaster Hospital, Shopping, Restaurants And Public Transit. Numerous Recent Updates Include New Laminate Flooring And Freshly Painted Throughout In 2022, New Furnace In 2023, And New Washer & Dryer In 2024. A Strong Cash-Flowing Investment With Excellent Student Rental Demand And Convenient Access To McMaster University. Perfect For Investors Looking For A Turnkey Income Property With Significant Rental Income And Long-Term Investment Potential! MUST SEE!!

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Closing Costs

Mortgage Amount
$504,000
Land Transfer Taxes$9,075
Legal Fees (Est.)
$
Total cash required for closing$136,575

Total Monthly Obligation

$3,317/mo
Mortgage $2,541
Monthly Loss $2,649
Principal$669
Interest$1,873
Property Tax$401
Home Insurance$125
Variable Costs$250

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

Comparables

Properties near 81 Holmes Avenue

Time

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