48 MANNING Avenue, Hamilton

$604,800
48 MANNING Avenue

$604,800

Price Change
53d
DetachedBungalow

48 MANNING Avenue, Hamilton

Total Monthly Obligation $3,234

Beds
5
Baths
2
Park
2
Sqft
700-1100
DOM
53d
Score
22
Yield
6.1%
Cash on Cash
1.0%
Cap Rate
4.8%
5Y IRR
16.4%
10Y IRR
15.3%
Property Type-Detached
MLS® Number-X13733950
Beds-5
Bathrooms-2
Size-700-1100 sqft
Lot Size-50 × 131.14 ft
Listed on site-Aug 31, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$5,031.74 (2026)
Parking-3 - Carport
Basement-Separate Entrance, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX GARDEN CITY REALTY INC, BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Immediate
Neighbourhood-Greeningdon
Title-Residential Freehold

No agent assigned

Brick bungalow situated on a large approximately 50' x 131' lot in an established residential neighbourhood. Main floor features 3 bedrooms, living room, dining area, kitchen and 4-piece bathroom. Full finished basement includes additional living space, second kitchen, 3-piece bathroom and separate side entrance. Carport and private driveway. Convenient access to schools, public transit, shopping and highway connections. Property being sold "AS IS, WHERE IS" SELLER MAKES NO REPRESENTATIONS OR WARRANTIES

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

Closing Costs

Mortgage Amount
$483,840
Land Transfer Taxes$8,571
Legal Fees (Est.)
$
Total cash required for closing$131,031

Total Monthly Obligation

$3,234/mo
Mortgage $2,440
Monthly Loss $2,592
Principal$642
Interest$1,798
Property Tax$419
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.5%3
5-Year IRR
12.2%51
10-Year IRR
12.3%
Returns Index
26.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$36,672/yr
NOI
$23,473/yr
Net Cash Flow
-$484/mo
Cash Margin
-15.8%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.8014
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo49
Risk Index
27.2/ 100

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

Comparables

Properties near 48 MANNING Avenue

Time

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Data last updated within the past 24 hours.