880 LAWRENCE Road, Hamilton

$509,000
880 LAWRENCE Road

$509,000

New
122d
DetachedBungalow

880 LAWRENCE Road, Hamilton

Total Monthly Obligation $2,833

Beds
3
Baths
2
Park
5
Sqft
700-1100
DOM
122d
Score
27
Yield
7.2%
Cash on Cash
5.4%
Cap Rate
5.7%
5Y IRR
19.9%
10Y IRR
18.2%
Property Type-Detached
MLS® Number-X13481826
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-50 × 100 ft
Listed on site-Jun 23, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,853.99 (2026)
Parking-5 - None
Basement-Walk-Out, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-Real Broker Ontario Ltd.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Immediate
Neighbourhood-Rosedale
Title-Residential Freehold

No agent assigned

Welcome to 880 Lawrence Rd - a charming detached bungalow nestled in Rosedale neighbourhood of Hamilton, where this home blends main floor comfort with fantastic income potential in a freshly painted, move in ready package. Step inside this Two Kitchen and Two full Bathroom home set up with Full In-law potential, with a layout that flows from a welcoming main floor living area to a large kitchen - ideal for everyday family life. The standout feature awaits downstairs: a fully finished basement in-law suite featuring its own 1 bedroom, 1 bathroom, full kitchen, separate entrance, and dedicated laundry facilities, providing privacy and independence for extended family, or multi-generational living rental unit with strong income opportunities. Enjoy the convenience of a detached setup, storage, and easy backyard access for summer BBQs or outdoor relaxation, all enhanced by the fresh neutral paint throughout that gives the entire home an inviting feel. Nestled in the welcoming Rosedale community - bounded by the Escarpment, Lawrence Road, Red Hill Expressway, and Kenilworth - this prime location puts you minutes from everything, including the beautiful Gage Park, one of Hamilton's largest and most cherished green spaces with lush gardens, playgrounds, tennis courts, walking trails, a tropical greenhouse, spray pad, bandshell, and seasonal events perfect for families. Don't miss out on this property!

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

Mortgage Amount
$407,200
Land Transfer Taxes$6,655
Legal Fees (Est.)
$
Total cash required for closing$109,955

Total Monthly Obligation

$2,833/mo
Mortgage $2,053
Monthly Loss $2,292
Principal$540
Interest$1,513
Property Tax$404
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.6%34
Cash-on-Cash
-0.9%6
5-Year IRR
15.0%71
10-Year IRR
14.7%
Returns Index
37.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
27/ 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
$36,684/yr
NOI
$23,662/yr
Net Cash Flow
-$81/mo
Cash Margin
-2.7%3
Cash Flow Index
2.8/ 100
Risk Profile
Weight: 20%
DSCR
0.9624
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo57
Risk Index
33.0/ 100

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

Comparables

Properties near 880 LAWRENCE Road

Time

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