24 West 32nd Street, Hamilton

$1,079,000
24 West 32nd Street

$1,079,000

New
8d
Detached2-Storey

24 West 32nd Street, Hamilton

Total Monthly Obligation $5,524

HausQ Valuation Report
Beds
5
Baths
4
Park
5
Sqft
2000-2500
DOM
8d
Score
17
Yield
4.5%
Cash on Cash
-5.8%
Cap Rate
3.3%
5Y IRR
11.0%
10Y IRR
11.0%
Property Type-Detached
MLS® Number-X14082124
Beds-5
Bathrooms-4
Size-2000-2500 sqft
Lot Size-75.15 × 100.17 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Age-51-99
Taxes-$9,561.42 (2026)
Parking-5 - None
Basement-Full, Partially Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Aluminum Siding, Brick Veneer
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Westcliffe
Title-Residential Freehold

No agent assigned

Welcome to sought-after Westcliffe! This property is situated just a few steps from prestigious Scenic Drive, the Chedoke Stairs, and the escarpment's many scenic trails. With over 3500 square feet of total living space. This 5-bedroom, 4-bathroom home offers an incredible opportunity in a highly desirable neighbourhood. With generous living space and endless potential, this property is ready for someone to bring their vision and creativity to life. The possibilities are plentiful to renovate, personalize, and create something truly special. A separate entrance to the basement adds further flexibility, with potential for an in-law suite or duplex conversion. A rare opportunity to invest in a fantastic location and unlock the full potential of a substantial family home! Roof (2025), Furnace + A/C (2023). RSA

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

Closing Costs

Mortgage Amount
$863,200
Land Transfer Taxes$18,055
Legal Fees (Est.)
$
Total cash required for closing$235,355

Total Monthly Obligation

$5,524/mo
Mortgage $4,352
Monthly Loss $4,379
Principal$1,145
Interest$3,207
Property Tax$797
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.8%1
5-Year IRR
7.9%23
10-Year IRR
9.0%
Returns Index
12.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$48,480/yr
NOI
$29,571/yr
Net Cash Flow
-$1,888/mo
Cash Margin
-46.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo27
Risk Index
17.1/ 100

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

Comparables

Properties near 24 West 32nd Street

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.