197 Craigroyston Road, Hamilton

$725,000
197 Craigroyston Road

$725,000

New
14d
DetachedBungalow

197 Craigroyston Road, Hamilton

Total Monthly Obligation $3,566

HausQ Valuation Report
Beds
5
Baths
2
Park
3
Sqft
1100-1500
DOM
14d
Score
21
Yield
5.2%
Cash on Cash
-0.9%
Cap Rate
4.4%
5Y IRR
14.9%
10Y IRR
14.1%
Property Type-Detached
MLS® Number-X13884920
Beds-5
Bathrooms-2
Size-1100-1500 sqft
Lot Size-40 × 95.75 ft
Listed on site-Oct 9, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$3,200 (2025)
Parking-3 - None
Basement-Separate Entrance, Partially Finished, Apartment
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE CERTIFIED REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-None
Possession-Flexible
Neighbourhood-Bartonville
Title-Residential Freehold

No agent assigned

Income producing ,Solid Custom Built Brick, 3+1 Bedroom Bungalow in a Sought-After Neighbourhood with 2 Full Baths. Huge Kitchen with Stackable Separate Laundry. Oak Hardwood Flooring, All 3 good sized Bedrooms and Living/Dining. This home has a Finished Basement Apartment with Partial Unfinished Space to create another Rental Unit. The Basement is already rented to a nice small Family, willing to stay. Driveway may accommodate upto 5 Cars.Possible to create another rental unit in the basement . Upgraded Electrical Panel 200Amps. Don't Miss Out this incredible Opportunity to Own a Desireable Bungalow in a Prime Location.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$580,000
Land Transfer Taxes$10,975
Legal Fees (Est.)
$
Total cash required for closing$157,475

Total Monthly Obligation

$3,566/mo
Mortgage $2,924
Monthly Loss $2,797
Principal$770
Interest$2,155
Property Tax$267
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.7%2
5-Year IRR
11.1%43
10-Year IRR
11.4%
Returns Index
22.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$37,692/yr
NOI
$26,223/yr
Net Cash Flow
-$739/mo
Cash Margin
-23.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7512
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
24.6/ 100

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

Comparables

Properties near 197 Craigroyston Road

Time

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