140 Markland Street, Hamilton

$1,599,000
140 Markland Street

$1,599,000

New
3d
Detached2 1/2 Storey

140 Markland Street, Hamilton

Total Monthly Obligation $7,829

Beds
6
Baths
4
Park
3
Sqft
2500-3000
DOM
3d
Score
14
Yield
2.9%
Cash on Cash
-12.4%
Cap Rate
1.9%
5Y IRR
5.9%
10Y IRR
7.1%
Property Type-Detached
MLS® Number-X14099002
Beds-6
Bathrooms-4
Size-2500-3000 sqft
Lot Size-51.13 × 134.94 ft
Listed on site-Oct 20, 2026
Style-2 1/2 Storey
Building Type-Detached
Age-100+
Taxes-$12,053 (2026)
Parking-5 - Detached
Basement-Finished with Walk-Out
Heating-Radiant (Gas)
Brokerage-ROYAL LEPAGE REALTY PLUS OAKVILLE
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Brick
Sewer-Sewer
Possession-Flexible
Neighbourhood-Durand
Title-Residential Freehold

No agent assigned

A rare opportunity to own a thoughtfully restored home in the Durand neighbourhood balancing heritage charm with modern comfort. 2 1/2-storey, 3700 total sq. ft. of extensively renovated living space steps from the escarpment, vibrant restaurants, shops, markets of Locke and James Streets, GO train, Linc and 403 access.The main level features a mudroom w/ baseboard heater, family rm w/ wood-burning fireplace, separate living & dining rooms, & a 2023 designer kitchen w/ stainless appliances, heated floors, toe-kick drawers, integrated Bluetooth speakers, renovated powder rm & rear entry. Main-floor hardwood refinished (2024); smooth drywall ceilings & LED pot lights.The second level offers four carpet-free bedrooms w/ new windows (2025) & a 4-piece bath. The 3rd floor primary suite was completely renovated in 2022 & has a 4-piece ensuite with skylight, heated floors & w/i closet. The 2025 finished basement: rec rm or den (r/i for future egress window), 6th bdrm or office with egress window, 3-piece bath w/ heated floor, kitchenette, laundry, workroom & storage, w/ walkout and storm (Dorothy) doors (2020) designed with potential for a future guest/in-law suite conversion. Interior updates: ABS sewer line replacement + backwater valve (2025); sump pump (2024); new owned 200,000 BTU boiler and indirect water heater with radiant heat via cast iron radiators (2023); engineer-certified steel beam (2022); spray-foam attic insulation (2019); high-velocity air conditioning (2019); new plumbing stack and 1-inch copper supply (2019); full rewiring with 200-amp service and 100-amp subpanel in the detached double garage (2019); new roof (2018) Exterior updates: new sod (2026), landscaped with new deck, paving and cedar garden boxes, brick garden walkway, (2023), large rear fence gate and backyard storage shed (2022). Parking for 5 cars, detached double garage plus triple driveway. A century of character, extensively updated, awaits the discerning buyer.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$1,279,200
Land Transfer Taxes$28,455
Legal Fees (Est.)
$
Total cash required for closing$349,755

Total Monthly Obligation

$7,829/mo
Mortgage $6,450
Monthly Loss $6,132
Principal$1,697
Interest$4,753
Property Tax$1,004
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.5%10
Cash-on-Cash
-15.4%0
5-Year IRR
3.6%7
10-Year IRR
5.7%
Returns Index
5.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$45,600/yr
NOI
$24,487/yr
Net Cash Flow
-$4,409/mo
Cash Margin
-116.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.322
LTV Ratio
80.0%18
Vacancy Buffer
1.2 mo20
Risk Index
13.4/ 100

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

Comparables

Properties near 140 Markland Street

Time

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