176 London Street S, Hamilton

$699,999
176 London Street S

$699,999

New
14d
Detached2 1/2 Storey

176 London Street S, Hamilton

Total Monthly Obligation $3,534

HausQ Valuation Report
Beds
6
Baths
3
Park
4
Sqft
1500-2000
DOM
14d
Score
22
Yield
5.7%
Cash on Cash
0.9%
Cap Rate
4.8%
5Y IRR
16.3%
10Y IRR
15.2%
Property Type-Detached
MLS® Number-X13883742
Beds-6
Bathrooms-3
Size-1500-2000 sqft
Lot Size-29 × 100 ft
Listed on site-Oct 9, 2026
Style-2 1/2 Storey
Building Type-Detached
Taxes-$4,022 (2025)
Parking-5 - Detached
Basement-Finished, Apartment
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Metal
Foundation-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Delta
Title-Residential Freehold

No agent assigned

Beautifully renovated from top to bottom, this home offers the feel of a brand-new interior! Featuring 5 bedrooms and 2 bathrooms, this impressive property has been extensively updated with a brand-new kitchen, new electrical wiring, new plumbing, new drywall on the main floor, and brand-new ductwork. Enjoy year-round comfort with a new furnace and air conditioning system. The basement has been enhanced with waterproofing installed behind the drywall, providing an added layer of protection and peace of mind. The finished basement also features an additional bedroom, bathroom, kitchen, and separate laundry, offering versatile space for extended family, guests, or multi-generational living. All appliances are new. Ideally located in Hamilton's South Delta neighbourhood, close to Gage Park, schools, parks, shopping, restaurants, and public transit. Enjoy the charm of an established community with convenient access to everyday amenities and recreational spaces. A fantastic opportunity for families seeking a substantially renovated home with modern updates, generous living space, and flexibility to suit a variety of lifestyles. Move in and enjoy!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$559,999
Land Transfer Taxes$10,475
Legal Fees (Est.)
$
Total cash required for closing$151,975

Total Monthly Obligation

$3,534/mo
Mortgage $2,824
Monthly Loss $2,791
Principal$743
Interest$2,081
Property Tax$335
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.0%26
Cash-on-Cash
-4.1%3
5-Year IRR
12.4%53
10-Year IRR
12.4%
Returns Index
27.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$40,200/yr
NOI
$27,658/yr
Net Cash Flow
-$519/mo
Cash Margin
-15.5%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.8215
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
25.8/ 100

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

Comparables

Properties near 176 London Street S

Time

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