121 Eastbourne Avenue, Hamilton

$629,900
121 Eastbourne Avenue

$629,900

Price Change
85d
Detached2-Storey

121 Eastbourne Avenue, Hamilton

Total Monthly Obligation $3,367

Beds
6
Baths
3
Park
3
Sqft
2000-2500
DOM
85d
Score
60
Yield
9.1%
Cash on Cash
14.8%
Cap Rate
7.8%
5Y IRR
27.6%
10Y IRR
24.8%
Property Type-Detached
MLS® Number-X13623350
Beds-6
Bathrooms-3
Size-2000-2500 sqft
Lot Size-40 × 80 ft
Listed on site-Jul 30, 2026
Style-2-Storey
Building Type-Detached
Age-100+
Taxes-$5,419 (2025)
Parking-4 - Detached
Basement-Apartment, Full
Heating-Radiant (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick, Wood
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession--
Neighbourhood-St. Clair
Title-Residential Freehold

No agent assigned

Rare Arts & Crafts 2 Family With full In-law suite. Discover the perfect blend of historic character and modern updates in this rare Arts and Crafts style Multi Family home. Loaded with architectural charm, this property is ideal for investors or multi-generation buyers looking for a premium live-in-one, rent-the-other opportunity. All three tenants are month to month with no formal leases in place. The Main Level charms you with elegance & Character featuring a massive welcoming living room with an eye catching stone gas fireplace flanked by custom built-in bookcases, flowing into a formal dining room with elegant cove ceilings. The kitchen is spacious with custom Maple cabinetry, a built-in dishwasher, ceramic backsplash and flooring. Two generously sized bedrooms with pristine hardwood floors, including one highlighted by a striking oak-beamed ceiling. The Upper Level is bright & surprisingly spacious with an eat-in Kitchen & Dining area featuring custom premium pine kitchen cabinetry. Living Room: A bright, spacious living area with a decorative fireplace, rich hardwood floors, and modern LED pot lights. Bedrooms: * A large primary bedroom complete with a walk-in closet and hardwood flooring. A cozy second bedroom, perfect for a child's room, nursery, or a dedicated home office. Bonus: All windows on the second level were completely updated in 2010.The lower level unit is huge offering a large living area with plenty of natural sun light, an eat-in kitchen and good sized bedroom. A 19' x 11' garage for the hobbyist or for storage.

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

Closing Costs

Mortgage Amount
$503,920
Land Transfer Taxes$9,073
Legal Fees (Est.)
$
Total cash required for closing$136,553

Total Monthly Obligation

$3,367/mo
Mortgage $2,541
Monthly Loss $2,699
Principal$669
Interest$1,872
Property Tax$452
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
6.7%58
Cash-on-Cash
8.4%40
5-Year IRR
22.6%96
10-Year IRR
20.9%
Returns Index
66.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeB
60/ 100
Fair•Hold / Negotiate

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$57,600/yr
NOI
$41,921/yr
Net Cash Flow
$953/mo
Cash Margin
19.8%72
Cash Flow Index
72.5/ 100
Risk Profile
Weight: 20%
DSCR
1.3762
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo45
Risk Index
42.0/ 100

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

Comparables

Properties near 121 Eastbourne 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.