299 West 5th Street, Hamilton

$679,900
299 West 5th Street

$679,900

New
66d
DetachedBungalow

299 West 5th Street, Hamilton

Total Monthly Obligation $3,507

HausQ Valuation Report
Beds
6
Baths
3
Park
6
Sqft
700-1100
DOM
66d
Score
19
Yield
4.8%
Cash on Cash
-3.7%
Cap Rate
3.8%
5Y IRR
12.6%
10Y IRR
12.3%
Property Type-Detached
MLS® Number-X13687610
Beds-6
Bathrooms-3
Size-700-1100 sqft
Lot Size-57 × 91 ft
Listed on site-Aug 18, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$4,671.71 (2026)
Parking-7 - Detached
Basement-Full, Walk-Up, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Buchanan
Title-Residential Freehold

No agent assigned

Welcome to this brick detached bungalow in a prime Hamilton Mountain location, offering exceptional versatility for first-time buyers, families and investors. Featuring 6 bedrooms, 2 bathrooms, a separate entrance and in-law suite capability, this home is well suited for multi-generational living, student rental potential or additional income opportunities. Walking distance to Mohawk College and close to transit, shopping, schools, parks and everyday amenities, the location is hard to beat. Outside, enjoy meticulous landscaping, a detached garage and parking for up to 7 vehicles, including 6 driveway spaces. For investors, the property also offers exciting potential for conversion to a duplex and an additional dwelling unit (ADU) at the garage, subject to municipal approvals. With its flexible layout, income potential and desirable Hamilton Mountain location, this property presents an excellent opportunity to live, invest and plan for the future.

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%
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$543,920
Land Transfer Taxes$10,073
Legal Fees (Est.)
$
Total cash required for closing$147,553

Total Monthly Obligation

$3,507/mo
Mortgage $2,743
Monthly Loss $2,785
Principal$722
Interest$2,021
Property Tax$389
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.5%1
5-Year IRR
8.9%28
10-Year IRR
9.8%
Returns Index
15.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$32,916/yr
NOI
$20,453/yr
Net Cash Flow
-$1,038/mo
Cash Margin
-37.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.627
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo45
Risk Index
23.5/ 100

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

Comparables

Properties near 299 West 5th Street

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.

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Data last updated within the past 24 hours.