662 Cochrane Road, Hamilton

$569,900
662 Cochrane Road

$569,900

New
2d
Detached1 1/2 Storey

662 Cochrane Road, Hamilton

Total Monthly Obligation $3,049

Beds
2
Baths
1
Park
8
Sqft
700-1100
DOM
2d
Score
22
Yield
5.9%
Cash on Cash
0.4%
Cap Rate
4.7%
5Y IRR
15.9%
10Y IRR
14.9%
Property Type-Detached
MLS® Number-X14101454
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-50 × 110 ft
Listed on site-Oct 21, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$4,500 (2026)
Parking-9 - Detached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-FOREST HILL REAL ESTATE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Rosedale
Title-Residential Freehold

No agent assigned

Welcome to 662 Cochrane Road, a beautifully updated 1.5-storey home situated in Hamilton's sought-after Rosedale neighbourhood. Offering seamless blend of modern finishings and outdoor lifestyle convenience, this property sits just steps from the scenic Niagara Escarpment, nature trails, and the iconic Kenilworth Stairs. Step inside to a bright, open-concept main floor featuring an updated kitchen displaying sleek two-tone cabinetry, a classic subway tile backsplash, solid granite countertops, and stainless steel appliances. A main-floor bedroom and a refreshed 4-piece bathroom complete this level, providing great layout flexibility. The upper 1.5-storey loft level serves as an impressive private space, featuring a versatile games room alongside the second bedroom-complete with flexible floor space for recreation, relaxation, or a home workspace. Out back, the expansive, fully fenced yard is an outdoor oasis equipped with a spacious custom wooden deck and a detached garage with an extended driveway for ample parking. This prime location pus active living right at your doorstep; walk to Rosedale Arena, Red Hill Valley trails and Albion Falls, the Rosedale outdoor pool, and Kings Forest Golf Club, all while enjoying immediate connection to the Red Hill Valley Parkway for effortless commuting. Don't miss out! Other upgrades include: 2019 new 3/4" copper water service, new roof sheeting and shingles, new underground plumbing, new plumbing thoughout the house, high-end plumbing fixtures, new A/C, updated electrical, new insulation, drywall and flooring, new front and back door. 2021 new owned hot water tank, new kitchen, new back deck with natural gas line, new gates across driveway. 2024 new cedar siding on garage, new garage door. 2025 new full front porch, new front lawn.

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

Closing Costs

Mortgage Amount
$455,920
Land Transfer Taxes$7,873
Legal Fees (Est.)
$
Total cash required for closing$123,353

Total Monthly Obligation

$3,049/mo
Mortgage $2,299
Monthly Loss $2,444
Principal$605
Interest$1,694
Property Tax$375
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.2%2
5-Year IRR
11.6%47
10-Year IRR
11.9%
Returns Index
24.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$33,600/yr
NOI
$21,240/yr
Net Cash Flow
-$529/mo
Cash Margin
-18.9%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7713
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo53
Risk Index
27.9/ 100

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

Comparables

Properties near 662 Cochrane Road

Time

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