63 Chedoke Avenue, Hamilton

$1,489,000
63 Chedoke Avenue

$1,489,000

New
2d
Detached2 1/2 Storey

63 Chedoke Avenue, Hamilton

Total Monthly Obligation $7,283

Beds
5
Baths
4
Park
1
Sqft
2500-3000
DOM
2d
Score
14
Yield
2.6%
Cash on Cash
-13.5%
Cap Rate
1.7%
5Y IRR
5.0%
10Y IRR
6.5%
Property Type-Detached
MLS® Number-X14103014
Beds-5
Bathrooms-4
Size-2500-3000 sqft
Lot Size-40 × 110 ft
Listed on site-Oct 21, 2026
Style-2 1/2 Storey
Building Type-Detached
Taxes-$10,822 (2026)
Parking-1 - None
Basement-Full, Unfinished
Heating-Radiant (Other)
Brokerage-COLDWELL BANKER COMMUNITY PROFESSIONALS
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Kirkendall
Title-Residential Freehold

No agent assigned

Set on one of the city's most prestigious streets, this stately brick century home strikes the perfect balance between old world character and the conveniences modern-day families seek. A classic centre-hall plan, high ceilings, original hardwood floors, oversized original baseboards and beautiful French doors speak to the craftsmanship of another era. Extensively renovated in 2014, this inviting family home offers comfort and peace of mind, knowing everything has been done. The impressive custom kitchen with built-in appliances including high-end Wolf gas range delivers both style and substance. It flows effortlessly into the dining room, where generous windows fill the space with natural light. It's an inviting setting that feels equally suited to lively family dinners on a busy weeknight and long, leisurely meals with friends - a natural gathering place that is truly the heart of the home. The expansive living room features a wood burning fireplace, built in speaker system and enough space for two distinct sitting areas. Walk out to the extraordinary sunroom which offers a cozy space to linger, unwind and enjoy the changing seasons. With five bedrooms, four beautifully renovated bathrooms and an office (or small sixth bedroom), there is ample room for everyone. Bedroom level laundry is super convenient. The third-floor den is a wonderful flex space, perfect as a retreat for teenagers seeking their own space, a second home office or a quiet hideaway. Outside, enjoy the serenity of the generous yard and unwind in the hot tub after a busy day. Moments from the Chedoke Golf Course, Bruce Trail, McMaster University, Westdale Village and trendy Locke St and within the city's most coveted school district, this home offers an exceptional lifestyle in a truly remarkable location.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$1,191,200
Land Transfer Taxes$26,255
Legal Fees (Est.)
$
Total cash required for closing$325,555

Total Monthly Obligation

$7,283/mo
Mortgage $6,006
Monthly Loss $5,703
Principal$1,581
Interest$4,426
Property Tax$902
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.3%9
Cash-on-Cash
-16.5%0
5-Year IRR
2.7%6
10-Year IRR
5.0%
Returns Index
4.1/ 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
$38,400/yr
NOI
$19,238/yr
Net Cash Flow
-$4,403/mo
Cash Margin
-137.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.272
LTV Ratio
80.0%18
Vacancy Buffer
1.3 mo21
Risk Index
13.7/ 100

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

Comparables

Properties near 63 Chedoke Avenue

Time

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