94 Howard Avenue, Hamilton

$649,000
94 Howard Avenue

$649,000

New
43d
Detached2-Storey

94 Howard Avenue, Hamilton

Total Monthly Obligation $3,362

Beds
3
Baths
3
Park
4
Sqft
700-1100
DOM
43d
Score
20
Yield
5.3%
Cash on Cash
-1.5%
Cap Rate
4.3%
5Y IRR
14.3%
10Y IRR
13.6%
Property Type-Detached
MLS® Number-X13770962
Beds-3
Bathrooms-3
Size-700-1100 sqft
Lot Size-50 × 103 ft
Listed on site-Sep 10, 2026
Style-2-Storey
Building Type-Detached
Age-51-99
Taxes-$4,433 (2026)
Parking-4 - None
Basement-Apartment, Separate Entrance, Finished
Heating-Forced Air (Gas)
Brokerage-COLDWELL BANKER COMMUNITY PROFESSIONALS
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Other
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Balfour
Title-Residential Freehold

No agent assigned

94 Howard Avenue is a welcoming two-storey home that balances everyday comfort with modern updates throughout. Conveniently located in one of Hamilton's most connected Central Mountain neighbourhoods with easy access to all your needs and nicely set-up with an IN-LAW SUITE! The main level greets you with a bright and spacious living room, tastefully renovated (2025) kitchen plus dining area with walkout to the yard. Head upstairs to a beautifully redesigned bedroom level (2025) where the primary bedroom connects to a dressing room that displays a sleek & modern glass marble shower ensuite and integrated laundry area, making daily routines effortless. Also including the 2nd bedroom and stylish 2-pc bathroom. The basement level adds a valuable feature to the home, suited for separate living as a teen retreat, in-law suite/separate apartment, or the extra space your family has been waiting for. Offering a 2nd kitchen, bedroom, 3-pc bathroom, laundry and living room. Outside, a private backyard waits you with enough space for kids or dogs to run and play, premium hot tub (2024) sheltered by a gazebo, and a hydro-equipped garden shed. This 50ft wide property allows for the double-wide driveway parking for 4 vehicles. Enjoy the benefit of a high walk score only a short walk to Mohawk College, shopping, public transit, easy highway access and everything Upper James has to offer.

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

Closing Costs

Mortgage Amount
$519,200
Land Transfer Taxes$9,455
Legal Fees (Est.)
$
Total cash required for closing$140,755

Total Monthly Obligation

$3,362/mo
Mortgage $2,618
Monthly Loss $2,673
Principal$689
Interest$1,929
Property Tax$369
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%22
Cash-on-Cash
-6.6%2
5-Year IRR
10.4%38
10-Year IRR
10.9%
Returns Index
20.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$34,560/yr
NOI
$22,171/yr
Net Cash Flow
-$770/mo
Cash Margin
-26.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7110
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo47
Risk Index
25.2/ 100

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

Comparables

Properties near 94 Howard Avenue

Time

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