54 Weir Street S, Hamilton

$549,900
54 Weir Street S

$549,900

Price Change
73d
Detached1 1/2 Storey

54 Weir Street S, Hamilton

Total Monthly Obligation $2,905

HausQ Valuation Report
Beds
2
Baths
2
Park
2
Sqft
700-1100
DOM
73d
Score
18
Yield
4.6%
Cash on Cash
-4.8%
Cap Rate
3.5%
5Y IRR
11.7%
10Y IRR
11.6%
Property Type-Detached
MLS® Number-X13661714
Beds-2
Bathrooms-2
Size-700-1100 sqft
Lot Size-30 × 84.41 ft
Listed on site-Aug 11, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$3,742.85 (2025)
Parking-2 - None
Basement-Full, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RE/MAX ABOUTOWNE REALTY CORP.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-Above Ground
Facing-West
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-TBA
Neighbourhood-Bartonville
Title-Residential Freehold

No agent assigned

Welcome to 54 Weir Street South in desirable East Hamilton! This charming, thoughtfully updated home offers comfort, character & a family-friendly location just steps from Montgomery Park. The main floor features a bright living & dining area, beautifully renovated kitchen with updated cabinetry & added storage, convenient laundry & stylish 2-pc bath. A clever hidden wine rack behind the entrance mirror adds a fun design touch. Upstairs offers 2 spacious, sun-filled bedrooms, updated bath, new flooring & fresh paint, plus a new primary bedroom closet. The lower level provides flexible space for a den or rec room, along with storage & utility areas. Outside, enjoy the new front porch, parking for 2 (2023), fully fenced yard, updated deck stairs & above-ground pool with upgraded equipment (2021-2024). Close to schools, shopping, restaurants, transit & Red Hill Valley Parkway.

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

Closing Costs

Mortgage Amount
$439,920
Land Transfer Taxes$7,473
Legal Fees (Est.)
$
Total cash required for closing$118,953

Total Monthly Obligation

$2,905/mo
Mortgage $2,218
Monthly Loss $2,321
Principal$584
Interest$1,634
Property Tax$312
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.1%1
5-Year IRR
7.7%22
10-Year IRR
8.9%
Returns Index
12.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$25,488/yr
NOI
$14,696/yr
Net Cash Flow
-$993/mo
Cash Margin
-46.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo56
Risk Index
26.8/ 100

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

Comparables

Properties near 54 Weir Street S

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.