2062 Barton Street E, Hamilton

$599,900
2062 Barton Street E

$599,900

New
7d
Detached1 1/2 Storey

2062 Barton Street E, Hamilton

Total Monthly Obligation $3,046

Beds
3
Baths
1
Park
5
Sqft
1100-1500
DOM
7d
Score
24
Yield
6.2%
Cash on Cash
3.0%
Cap Rate
5.2%
5Y IRR
18.0%
10Y IRR
16.6%
Property Type-Detached
MLS® Number-X14085102
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-35 × 100 ft
Listed on site-Oct 16, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-51-99
Taxes-$3,009.24 (2025)
Parking-5 - None
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-KELLER WILLIAMS EDGE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-McQuesten
Title-Residential Freehold

No agent assigned

Welcome to this beautifully renovated, move-in-ready 3-bedroom home, perfect for first-time buyers and commuters alike! Extensively updated since 2022, this home features a new roof, vinyl siding, windows, furnace, AC, water heater, waterproof laminate flooring, zebra blinds, and fresh paint throughout. The spacious kitchen offers quartz countertops, plenty of cabinetry, and room to gather for family meals. Natural light fills the inviting living spaces, while three generously sized bedrooms, including one on the main floor, offer flexibility for your needs. Downstairs, the professionally finished recreation area is perfect for movie nights, a home office, or a playroom, with a separate utility room providing laundry and storage space. Families will appreciate having schools and parks just steps away, while commuters will love being only 300m from from the Red Hill Valley Parkway! With shopping, transit, and everyday essentials nearby, this home offers the perfect combination of comfort and convenience. Just move in and enjoy life in the heart of the Hammer!

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

Closing Costs

Mortgage Amount
$479,920
Land Transfer Taxes$8,473
Legal Fees (Est.)
$
Total cash required for closing$129,953

Total Monthly Obligation

$3,046/mo
Mortgage $2,420
Monthly Loss $2,409
Principal$637
Interest$1,783
Property Tax$251
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.3%30
Cash-on-Cash
-2.5%4
5-Year IRR
13.7%62
10-Year IRR
13.5%
Returns Index
32.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$37,032/yr
NOI
$25,820/yr
Net Cash Flow
-$268/mo
Cash Margin
-8.7%1
Cash Flow Index
0.9/ 100
Risk Profile
Weight: 20%
DSCR
0.8919
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
29.9/ 100

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

Comparables

Properties near 2062 Barton Street E

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.