50 Oak Avenue, Hamilton

$2,398,000
50 Oak Avenue

$2,398,000

New
101d
DetachedBungalow

50 Oak Avenue, Hamilton

Total Monthly Obligation $10,693

Beds
5
Baths
3
Park
10
Sqft
2500-3000
DOM
101d
Score
13
Yield
1.8%
Cash on Cash
-15.2%
Cap Rate
1.3%
5Y IRR
3.8%
10Y IRR
5.5%
Property Type-Detached
MLS® Number-X13561878
Beds-5
Bathrooms-3
Size-2500-3000 sqft
Lot Size-143.58 × 275 ft
Listed on site-Jul 14, 2026
Style-Bungalow
Building Type-Detached
Taxes-$7,740.08 (2025)
Parking-11 - Built-In
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-ICI SOURCE REAL ASSET SERVICES INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Septic
Possession-negotiable
Neighbourhood-Greensville
Title-Residential Freehold

No agent assigned

One of Greensville's most extraordinary luxury estates, 50 Oak Ave is an architecturally renovated mid-century modern residence on a private one-acre lot with panoramic Escarpment views. A dramatic south-facing wall of glass captures treetops, sunsets and valley. Offering approx 3200 sq. ft. of finished living/outdoor space, the home has been extensively reimagined with major upgrades including roof, plumbing, electrical, windows, insulation, furnace, designer kitchen, appliances, cedar exterior, decks, driveway, landscaping and luxury finishes. Designed for living and entertaining, the home features expansive rooms, abundant natural light, terraces, gated entry, theatre with stage, private fitness studio, generous parking and indoor-outdoor flow. Minutes to Dundas, Ancaster, Hamilton, Burlington, Hwy 403, McMaster, golf, waterfalls, conservation areas and trails. Set on approx. one acre with 144-ft frontage, the estate offers future potential for a pool, outdoor kitchen, gardens, sports court, expanded entertaining areas, detached studio/guest retreat or home expansion, subject to approvals. Conceptual renderings of a proposed glass forest studio and second-storey addition are for illustration only and are not existing structures. Seller can assist qualified purchasers with renderings, floor plans, and materials for permit/zoning review. A rare, move-in-ready luxury sanctuary with views, privacy, craftsmanship and future potential. *For Additional Property Details Click The Brochure Icon Below*

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,918,400
Land Transfer Taxes$46,425
Legal Fees (Est.)
$
Total cash required for closing$527,525

Total Monthly Obligation

$10,693/mo
Mortgage $9,673
Monthly Loss $8,147
Principal$2,545
Interest$7,127
Property Tax$645
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.1%8
Cash-on-Cash
-17.6%0
5-Year IRR
1.8%5
10-Year IRR
4.3%
Returns Index
3.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
13/ 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
$42,000/yr
NOI
$25,560/yr
Net Cash Flow
-$7,543/mo
Cash Margin
-215.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.222
LTV Ratio
80.0%18
Vacancy Buffer
0.9 mo16
Risk Index
11.9/ 100

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

Comparables

Properties near 50 Oak Avenue

Time

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Data last updated within the past 24 hours.