226 Ottawa Street S, Hamilton

$589,000
226 Ottawa Street S

$589,000

New
9d
Detached2 1/2 Storey

226 Ottawa Street S, Hamilton

Total Monthly Obligation $3,047

HausQ Valuation Report
Beds
4
Baths
2
Park
1
Sqft
1100-1500
DOM
9d
Score
20
Yield
5.1%
Cash on Cash
-2.2%
Cap Rate
4.1%
5Y IRR
13.8%
10Y IRR
13.2%
Property Type-Detached
MLS® Number-X14030292
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-30 × 115.83 ft
Listed on site-Oct 14, 2026
Style-2 1/2 Storey
Building Type-Detached
Taxes-$3,558 (2025)
Parking-1 - Detached
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-THE WEIR TEAM, BROKERAGE INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Delta
Title-Residential Freehold

No agent assigned

Just steps from the cafes, restaurants, boutiques, and local favourites that make Ottawa Street one of Hamilton's most vibrant neighbourhoods, this well-maintained 4-bedroom, 2-bathroom home offers the perfect balance of character, space, and convenience. Set on a generous 30 x 115 ft lot with private parking, it's an ideal opportunity for families, professionals, or anyone looking to enjoy a walkable, community-focused lifestyle.Inside, bright and inviting living spaces are complemented by a functional layout with room for family, guests, or a home office. Outside, the deep backyard provides plenty of space to relax, entertain, or garden throughout the warmer months.With parks, schools, transit, and everyday amenities all nearby, this is more than just a home-it's a chance to be part of one of Hamilton's most sought-after neighbourhoods.

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$
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$471,200
Land Transfer Taxes$8,255
Legal Fees (Est.)
$
Total cash required for closing$127,555

Total Monthly Obligation

$3,047/mo
Mortgage $2,376
Monthly Loss $2,422
Principal$625
Interest$1,751
Property Tax$297
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.4%1
5-Year IRR
9.8%34
10-Year IRR
10.4%
Returns Index
18.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$30,168/yr
NOI
$19,093/yr
Net Cash Flow
-$785/mo
Cash Margin
-31.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo53
Risk Index
26.7/ 100

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

Comparables

Properties near 226 Ottawa Street S

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.