27 Forsyth Avenue S, Hamilton

$929,000
27 Forsyth Avenue S

$929,000

New
7d
Detached2-Storey

27 Forsyth Avenue S, Hamilton

Total Monthly Obligation $4,804

HausQ Valuation Report
Beds
8
Baths
3
Park
3
Sqft
1500-2000
DOM
7d
Score
17
Yield
4.7%
Cash on Cash
-4.9%
Cap Rate
3.5%
5Y IRR
11.7%
10Y IRR
11.6%
Property Type-Detached
MLS® Number-X14089554
Beds-8
Bathrooms-3
Size-1500-2000 sqft
Lot Size-4175 × 116 ft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Detached
Age-51-99
Taxes-$8,175.49 (2026)
Parking-4 - Detached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Westdale
Title-Residential Freehold

No agent assigned

Investor's Dream! Turnkey income property right across the street from McMaster University. Leased to responsible students for $5466/month and is fully licensed with the City of Hamilton. The property features 8 bedrooms, 2 separate kitchens, 3 bathrooms, 2 laundry rooms. It is nicely upgraded and includes laminate flooring in most areas, updated bathrooms, high efficiency furnace, newer roof (2020) and much more! Parking for 3 cars onsite. Don't miss this opportunity.

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

Closing Costs

Mortgage Amount
$743,200
Land Transfer Taxes$15,055
Legal Fees (Est.)
$
Total cash required for closing$202,355

Total Monthly Obligation

$4,804/mo
Mortgage $3,747
Monthly Loss $3,818
Principal$986
Interest$2,761
Property Tax$681
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.1%1
5-Year IRR
8.5%26
10-Year IRR
9.4%
Returns Index
14.2/ 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
$43,872/yr
NOI
$26,809/yr
Net Cash Flow
-$1,513/mo
Cash Margin
-41.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
18.7/ 100

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

Comparables

Properties near 27 Forsyth Avenue 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.