79 Oakland Drive, Hamilton

$798,888
79 Oakland Drive

$798,888

New
16d
DetachedBungalow-Raised

79 Oakland Drive, Hamilton

Total Monthly Obligation $4,058

Beds
3
Baths
2
Park
4
Sqft
1500-2000
DOM
16d
Score
19
Yield
5.1%
Cash on Cash
-2.4%
Cap Rate
4.1%
5Y IRR
13.7%
10Y IRR
13.1%
Property Type-Detached
MLS® Number-X13873920
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-50 × 100 ft
Listed on site-Oct 7, 2026
Style-Bungalow-Raised
Building Type-Detached
Age-51-99
Taxes-$5,528.18 (2026)
Parking-5 - Attached
Basement-Separate Entrance, Finished, Walk-Up
Heating-Forced Air (Gas)
Brokerage-Royal LePage State Realty
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-TBD
Neighbourhood-Kentley
Title-Residential Freehold

No agent assigned

FOUND! The ultimate in PRIVACY! This 3BR, 2Bth, CUSTOM all BRICK/STONE bungalow built by MITCHELL Homes; QUIETLY backs onto GREENSPACE & Sam Manson PARK. STELLAR East Hamilton location will IMPRESS the entire family. SPACE FOR EVERYONE including 2nd KITCHEN for the INLAWS! Large principle room sizes; HARDWOOD/TILE flooring (NO carpeting), BRIGHT family sized kitchen with PANTRY overlooks dining/living rooms with plenty of natural light. Spacious bedroom WING is separated by a PRIVACY door. Convenient SEPARATE side door ENTRY accesses the lower level; EXCELLENT for in-law or RENTAL POTENTIAL! FINISHED basement is loaded with surprises! Massive family room with large windows, wood burning FIREPLACE & wall sconces; a great place to entertain during the holidays! NEW 100AMP breaker panel 2026, california shutters, water purifier, central vac, several NEW light fixtures/pot lights 2026, RARE MAIN FLOOR Laundry/Mud room is very convenient with 12'ceil'g & access to garage, plus can act as a SOUS KITCHEN with GAS line in place for additional stove and PLENTY of STORAGE! Come discover how close you are to amenities & modern conveniences. Backyard OASIS with whimsical vine covered patio area; ideal for dining alfresco; magnificent fig trees, grass and garden area with shed to keep all your tools organized. Simply STUNNING! Concrete drive, walkway & patio, perfect for BBQ'g & entertaining! Direct entry gate to the PARK featuring kids jungle gym, lawn bowling, soccer fields & MORE. Premium locations like this, on a quiet street with little through traffic rarely come available; METICULOUSLY maintained, these original owners have loved living here since the 1970's. Flexible closing possible! Steps to transit, Eastgate Mall, NR No Frills, Freshco, Starsky, Canadian Tire, Dollar Tree & Food Basics. Near convenient access to Redhill Parkway, QEW Highway (minutes to 403/407 & GO train), Lake ON, Confederation Park, Pickle Ball Crts, excellent schools & restaurants!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$639,110
Land Transfer Taxes$12,453
Legal Fees (Est.)
$
Total cash required for closing$173,731

Total Monthly Obligation

$4,058/mo
Mortgage $3,222
Monthly Loss $3,210
Principal$848
Interest$2,374
Property Tax$461
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.0%1
5-Year IRR
10.1%36
10-Year IRR
10.7%
Returns Index
19.3/ 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
$40,800/yr
NOI
$26,692/yr
Net Cash Flow
-$998/mo
Cash Margin
-29.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.6910
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
21.8/ 100

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

Comparables

Properties near 79 Oakland Drive

Time

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