297 Mohawk Road W, Hamilton

$785,000
297 Mohawk Road W

$785,000

Price Change
101d
DetachedBungalow

297 Mohawk Road W, Hamilton

Total Monthly Obligation $3,912

HausQ Valuation Report
Beds
7
Baths
3
Park
6
Sqft
1100-1500
DOM
101d
Score
26
Yield
6.4%
Cash on Cash
4.0%
Cap Rate
5.4%
5Y IRR
18.7%
10Y IRR
17.2%
Property Type-Detached
MLS® Number-X13563488
Beds-7
Bathrooms-3
Size-1100-1500 sqft
Lot Size-45 × 115 ft
Listed on site-Jul 14, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$4,446.49 (2025)
Parking-7 - Attached
Basement-Apartment, Finished, Full, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT GOLFI REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession--
Neighbourhood-Rolston
Title-Residential Freehold

No agent assigned

EXCEPTIONAL INCOME GENERATING OPPORTUNITY in prime Central Mountain location steps to Mohawk College & St. Joseph's Healthcare. A TURNKEY INVESTMENT W/ OUTSTANDING CASH FLOW! This renovated brick bungalow w/ separate side entrance is an ideal addition to any investment portfolio or smart option for buyers looking to offset their mortgage by living upstairs & renting the lower level. Featuring 7 bdrms, 3 baths, 2 kitchens & 2 laundries, flexible layout offers excellent rental& multi- generational living potential. Updated main level (2022) w/ laminate flooring, kitchen w/ quartz counters, breakfast island & SS appliances, spacious living/dining area, 3 bdrms & updated 3pc bath. Lower level offers 4 bdrms, 2 baths, large eat-in kitchen & laundry, making it ideal for tenants. Additional features include a garage w/ inside entry, fenced yard w/ gazebo, patio & shed, plus parking for 6+ cars on double drive. Located close to shopping, schools, restaurants, transit & highway access.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$628,000
Land Transfer Taxes$12,175
Legal Fees (Est.)
$
Total cash required for closing$170,675

Total Monthly Obligation

$3,912/mo
Mortgage $3,166
Monthly Loss $3,079
Principal$833
Interest$2,333
Property Tax$371
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.7%34
Cash-on-Cash
-0.8%6
5-Year IRR
15.0%71
10-Year IRR
14.6%
Returns Index
37.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
26/ 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
$50,652/yr
NOI
$36,640/yr
Net Cash Flow
-$113/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
2.4 mo39
Risk Index
27.0/ 100

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

Comparables

Properties near 297 Mohawk Road W

Time

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