87 Radford Street, Hamilton

$690,000
87 Radford Street

$690,000

New
15d
Detached1 1/2 Storey

87 Radford Street, Hamilton

Total Monthly Obligation $3,642

Beds
5
Baths
2
Park
3
Sqft
1100-1500
DOM
15d
Score
19
Yield
5.3%
Cash on Cash
-2.3%
Cap Rate
4.1%
5Y IRR
13.8%
10Y IRR
13.2%
Property Type-Detached
MLS® Number-X13878340
Beds-5
Bathrooms-2
Size-1100-1500 sqft
Lot Size-81.04 × 50 ft
Listed on site-Oct 8, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$5,809 (2025)
Parking-3 - None
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT GOLFI REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession--
Neighbourhood-Ainslie Wood
Title-Residential Freehold

No agent assigned

With over 1,400 sq. ft. of finished living space, this beautifully updated 3+2 bedroom corner-lot home is located in the highly desirable Ainslie Wood neighbourhood, just minutes from McMaster University, McMaster Hospital, Westdale Village, shopping, transit, and major highways. The bright, move-in ready layout features large windows, pot lights, updated flooring, a main-floor bedroom, and main-floor laundry. Upstairs offers two spacious bedrooms and an updated bathroom, while the finished basement with a separate entrance includes two additional bedrooms, a kitchenette, a 3-piece bathroom, and separate laundry, providing excellent flexibility for extended family or income potential. Private driveway parking for three vehicles and immediate possession available. Updates include Roof (2021), Flooring (2022), Upstairs Bathroom (2022), Basement Renovation (2023), Basement Windows (2023), 200-Amp Electrical Panel, A/C Components (2024), and Fresh Paint (2026).

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

Closing Costs

Mortgage Amount
$552,000
Land Transfer Taxes$10,275
Legal Fees (Est.)
$
Total cash required for closing$149,775

Total Monthly Obligation

$3,642/mo
Mortgage $2,783
Monthly Loss $2,910
Principal$732
Interest$2,051
Property Tax$484
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%20
Cash-on-Cash
-7.2%1
5-Year IRR
10.0%35
10-Year IRR
10.6%
Returns Index
18.7/ 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
$36,660/yr
NOI
$22,685/yr
Net Cash Flow
-$893/mo
Cash Margin
-29.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo43
Risk Index
23.4/ 100

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

Comparables

Properties near 87 Radford Street

Time

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