374 Upper Wentworth Street W, Hamilton

$648,888
374 Upper Wentworth Street W

$648,888

Price Change
8d
Detached2-Storey

374 Upper Wentworth Street W, Hamilton

Total Monthly Obligation $3,495

Beds
7
Baths
3
Park
3
Sqft
2000-2500
DOM
8d
Score
29
Yield
7.4%
Cash on Cash
6.5%
Cap Rate
6.0%
5Y IRR
20.8%
10Y IRR
18.9%
Property Type-Detached
MLS® Number-X14083396
Beds-7
Bathrooms-3
Size-2000-2500 sqft
Lot Size-45 × 140 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,026.5 (2026)
Parking-4 - Detached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-Above Ground
Facing-West
Exterior-Aluminum Siding, Brick Front
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-30 days
Neighbourhood-Inch Park
Title-Residential Freehold

No agent assigned

Exceptional investment or multi-income opportunity on the central Hamilton Mountain! Situated on an expansive 45' x 140' deep lot, this spacious detached property offers over2,184 sq. ft. above grade across 3 self-contained living areas with 3 full kitchens and 3 full baths (7 total bedrooms). Rare mechanical setup featuring TWO separate gas furnaces and TWO central air conditioning units, offering distinct climate control and huge retrofit cost savings. The bright upper level features 3 bedrooms, full kitchen, 4-pc bath, and private balcony (currently tenant occupied at $1,775/mo). Main level offers 3 bedrooms, kitchen, bath, and yard walkout. Fully finished lower level in-law suite includes a bedroom, kitchenette, and 3-pc bath. Detached garage, parking for 4+ cars, large backyard deck, and above-ground pool. Prime location minutes to Juravinski Hospital, Concession Street shops, transit, and Mountain accesses. Incredible cash-flow potential or mortgage-helper setup.

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

Closing Costs

Mortgage Amount
$519,110
Land Transfer Taxes$9,453
Legal Fees (Est.)
$
Total cash required for closing$140,731

Total Monthly Obligation

$3,495/mo
Mortgage $2,617
Monthly Loss $2,806
Principal$689
Interest$1,929
Property Tax$502
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.0%38
Cash-on-Cash
0.8%9
5-Year IRR
16.4%79
10-Year IRR
15.7%
Returns Index
42.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
29/ 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
$47,796/yr
NOI
$32,490/yr
Net Cash Flow
$90/mo
Cash Margin
2.3%7
Cash Flow Index
7.3/ 100
Risk Profile
Weight: 20%
DSCR
1.0330
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
30.7/ 100

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

Comparables

Properties near 374 Upper Wentworth Street W

Time

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