1 Mahony Avenue, Hamilton

$514,900
1 Mahony Avenue

$514,900

New
44d
Detached1 1/2 Storey

1 Mahony Avenue, Hamilton

Total Monthly Obligation $2,683

Beds
4
Baths
2
Park
3
Sqft
1500-2000
DOM
44d
Score
45
Yield
8.1%
Cash on Cash
11.3%
Cap Rate
7.0%
5Y IRR
24.7%
10Y IRR
22.3%
Property Type-Detached
MLS® Number-X13761800
Beds-4
Bathrooms-2
Size-1500-2000 sqft
Lot Size-42.41 × 81.89 ft
Listed on site-Sep 9, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$2,771.88 (2026)
Parking-3 - None
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Normanhurst
Title-Residential Freehold

No agent assigned

Attention investors, first-time home buyers, downsizers, and multigenerational families! This versatile property offers exceptional value with a fully renovated basement suite and an unbeatable location directly beside Mahoney Park. The spacious main residence offers approximately 1,660 sq. ft. of comfortable living space, featuring three bedrooms, including a convenient main-floor bedroom, two additional bedrooms upstairs, and a full bathroom. Bright and functional, the layout is ideal for families or those seeking flexible livingarrangements.The beautifully renovated lower-level suite spans approximately 773 sq. ft. and features a private one-bedroom, one-bathroom layout, making it an excellent option for extended family, guests, or potential rental income.Whether you're looking to accommodate multiple generations under one roof, downsize without sacrificing flexibility, or add a strong investment property to your portfolio, this home offers endless possibilities. Enjoy the convenience of being steps from Mahoney Park, with green space, recreation, schools, shopping,transit, and everyday amenities all nearby.

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

Closing Costs

Mortgage Amount
$411,920
Land Transfer Taxes$6,773
Legal Fees (Est.)
$
Total cash required for closing$111,253

Total Monthly Obligation

$2,683/mo
Mortgage $2,077
Monthly Loss $2,136
Principal$547
Interest$1,530
Property Tax$231
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.9%48
Cash-on-Cash
4.7%21
5-Year IRR
19.5%91
10-Year IRR
18.3%
Returns Index
54.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeC
45/ 100
Poor•Caution

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

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$41,604/yr
NOI
$30,172/yr
Net Cash Flow
$437/mo
Cash Margin
12.6%38
Cash Flow Index
38.3/ 100
Risk Profile
Weight: 20%
DSCR
1.2146
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
41.4/ 100

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

Comparables

Properties near 1 Mahony 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.

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Data last updated within the past 24 hours.