255 Weir Street N, Hamilton

$549,900
255 Weir Street N

$549,900

New
9d
Detached1 1/2 Storey

255 Weir Street N, Hamilton

Total Monthly Obligation $2,934

Beds
3
Baths
2
Park
0
Sqft
1100-1500
DOM
9d
Score
21
Yield
5.5%
Cash on Cash
-1.2%
Cap Rate
4.3%
5Y IRR
14.6%
10Y IRR
13.8%
Property Type-Detached
MLS® Number-X14031518
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-30 × 100 ft
Listed on site-Oct 14, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$4,095.52 (2026)
Parking-None
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Aluminum Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-30-60 days
Neighbourhood-Homeside
Title-Residential Freehold

No agent assigned

Welcome to 255 Weir Street North - where timeless charm meets modern living! Beautifully updated and move-in ready, this inviting 1.5-storey brick home offers 1,224 sq. ft. of thoughtfully renovated living space, featuring 3 bedrooms, 2 full bathrooms and a finished mudroom. Extensive renovations completed in 2022 under City of Hamilton permits. The heart of the home is the stunning - fully renovated kitchen, complete with granite countertops, stainless steel appliances, custom cabinetry and a stylish backsplash. Both bathrooms have been beautifully updated, including a main 4-piece bathroom with a relaxing soaker tub and the upper floor 3-piece bathroom with a glass shower. Upstairs, the primary bedroom offers built-in dressers, a walk-in closet and large windows that fill the space with natural light. The extensive improvements go well beyond the cosmetic details. Major updates include a new HVAC system with furnace, A/C, hot water heater, ductwork and BBQ gas line; ESA-certified electrical wiring, panel and fixtures; new PEX plumbing throughout; a new water service line; maple hardwood flooring and tile; updated framing and insulation; CAT5e ethernet wiring; a new front door; and numerous new windows. Need a little extra room to grow? The high and dry unfinished basement offers exciting potential to create additional living space, whether you envision a family room, an extra bedroom or a dedicated laundry area. Outside, the fully fenced backyard is ready for summer barbecues, little ones at play and four-legged family members. Enjoy the added convenience of a nearby playground, green space, local amenities and plenty of street parking. Whether you're stepping into homeownership for the first time, downsizing without compromising on updates, or adding a quality property to your investment portfolio, this charming Hamilton home has it all! Move in, make yourself at home and enjoy the possibilities! LET'S GET MOVING!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$439,920
Land Transfer Taxes$7,473
Legal Fees (Est.)
$
Total cash required for closing$118,953

Total Monthly Obligation

$2,934/mo
Mortgage $2,218
Monthly Loss $2,351
Principal$584
Interest$1,634
Property Tax$341
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.8%1
5-Year IRR
10.3%38
10-Year IRR
10.9%
Returns Index
20.0/ 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
$30,228/yr
NOI
$18,610/yr
Net Cash Flow
-$667/mo
Cash Margin
-26.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo55
Risk Index
27.8/ 100

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

Comparables

Properties near 255 Weir Street N

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.