928 Upper Gage Avenue, Hamilton

$599,900
928 Upper Gage Avenue

$599,900

New
2d
DetachedBungalow

928 Upper Gage Avenue, Hamilton

Total Monthly Obligation $3,142

Beds
4
Baths
2
Park
3
Sqft
700-1100
DOM
2d
Score
21
Yield
5.7%
Cash on Cash
-0.1%
Cap Rate
4.6%
5Y IRR
15.5%
10Y IRR
14.6%
Property Type-Detached
MLS® Number-X14103794
Beds-4
Bathrooms-2
Size-700-1100 sqft
Lot Size-40 × 110 ft
Listed on site-Oct 21, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,162.04 (2025)
Parking-3 - None
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-60-89 days
Neighbourhood-Berrisfield
Title-Residential Freehold

No agent assigned

Welcome to this solid brick bungalow in the established Lawfield neighbourhood on the Hamilton Mountain. The main level features a bright living room, a spacious kitchen, three bedrooms and a 4-piece bathroom. The fully finished lower level adds valuable living space with a large recreation room, a fourth bedroom, a 3-piece bathroom, a laundry room and a cold room for extra storage, making it a great fit for growing families, multi-generational living or hosting guests. Additional features include central air, forced-air gas heating and parking for three vehicles on the private driveway. The 40 x 110 ft lot offers plenty of room to relax, garden or play outdoors. Conveniently located close to parks, schools, shopping, public transit and quick highway access, this home combines comfort and convenience in a family-friendly community. Don't miss your chance to make it yours!

$
$
%
%
$
$
$
(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

$3,142/mo
Mortgage $2,420
Monthly Loss $2,505
Principal$637
Interest$1,783
Property Tax$347
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.4%2
5-Year IRR
11.4%45
10-Year IRR
11.7%
Returns Index
23.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$34,104/yr
NOI
$22,032/yr
Net Cash Flow
-$584/mo
Cash Margin
-20.5%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7612
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo51
Risk Index
27.1/ 100

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

Comparables

Properties near 928 Upper Gage Avenue

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.