331 East 17th Street, Hamilton

$829,000
331 East 17th Street

$829,000

New
15d
DetachedBacksplit 4

331 East 17th Street, Hamilton

Total Monthly Obligation $4,148

Beds
5
Baths
2
Park
3
Sqft
700-1100
DOM
15d
Score
16
Yield
3.9%
Cash on Cash
-7.3%
Cap Rate
3.0%
5Y IRR
9.8%
10Y IRR
10.1%
Property Type-Detached
MLS® Number-X13880782
Beds-5
Bathrooms-2
Size-700-1100 sqft
Lot Size-43 × 100 ft
Listed on site-Oct 8, 2026
Style-Backsplit 4
Building Type-Detached
Age-51-99
Taxes-$5,150 (2026)
Parking-3 - None
Basement-Separate Entrance, Full, Walk-Up, Finished
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP INNOVATIVE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-FLEXIBLE
Neighbourhood-Hill Park
Title-Residential Freehold

No agent assigned

LEGAL, TWO SELF-CONTAINED RESIDENTIAL DWELLING UNITS (DUPLEX). TRUE 4 LEVEL BACKSPLIT, ALMOST 2,200 SQUARE FEET OF LIVING SPACE! EVERYTHING NEW AND COMPLETED IN 2026. FULLY CONVERTED WITH CITY BUILDING PERMIT AND ELECTRICAL E.S.A. PERMIT (CERTIFICATE) AND ENGINEERED DRAWINGS. NEWLY UPGRADED 200 AMPS SERVICE AND EACH UNIT HAS ITS OWN 100 AMP PANEL. ONE INCH MUNICIPAL WATER SUPPLY LINE. 3+2 SPACIOUS BEDROOMS, PROFESSIONALLY FINISHED. GREAT INVESTMENT OPPORTUNITY. RENT BOTH OR LIVE IN ONE AND RENT THE OTHER, OR PERFECT FOR IN-LAW SET-UP/EXTENDED FAMILY. 2 CUSTOM KITCHENS, 2 LAUNDRIES, NEW ALL EXTERIOR/INTERIOR WINDOWS AND DOORS, BASEBOARDS, CUSTOM TRIM, POT LIGHTS, HARDWARE, PLUMBING, PREMIUM DULUX PAINT AND VINYL FLOORS WITH PADDING/DMX FLOOR UNDERLAYMENT (BASEMENT). RESILIENT CHANNELS, SAFE AND SOUND INSULATION IN BASEMENT, CEILING HARDWIRED INTER-CONNECTED SMOKE AND CO DETECTORS. EGRESS WINDOWS IN BASEMENT. FURNACE WITH SMOKE DETECTOR FOR ADDED FIRES SAFETY AS PER BUILDING CODE. NEW HIGH EFFICIENCEY FURNACE & AC UNIT. FIRE RATED DOORS BETWEEN UNITS. ALSO COMES WITH 2 NEW FRIDGES, 2 STOVES, 2 DISHWASHERS, 2 WASHERS, 2 DRYERS, AND 2 HOOD FANS/MICROWAVE. NEW 6x6 POSTS/FENCE. EV CHARGER OUTLET. NEW DOWNSPOUNTS/NEW EAVESTROUGHS. CLOSE TO ALL MAJOR AMENITIES, PARKS. ALL PERMITS ON HAND! MOVE-IN READY, QUICK CLOSING AVAILABLE!

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

Closing Costs

Mortgage Amount
$663,200
Land Transfer Taxes$13,055
Legal Fees (Est.)
$
Total cash required for closing$180,355

Total Monthly Obligation

$4,148/mo
Mortgage $3,344
Monthly Loss $3,268
Principal$880
Interest$2,464
Property Tax$429
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.5%0
5-Year IRR
6.6%16
10-Year IRR
7.9%
Returns Index
9.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$32,520/yr
NOI
$19,618/yr
Net Cash Flow
-$1,709/mo
Cash Margin
-63.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo37
Risk Index
19.9/ 100

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

Comparables

Properties near 331 East 17th Street

Time

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