533 Catharine Street N, Hamilton

$550,000
533 Catharine Street N

$550,000

New
35d
Detached2-Storey

533 Catharine Street N, Hamilton

Total Monthly Obligation $2,952

Beds
3
Baths
2
Park
2
Sqft
1100-1500
DOM
35d
Score
21
Yield
5.7%
Cash on Cash
-0.6%
Cap Rate
4.5%
5Y IRR
15.1%
10Y IRR
14.2%
Property Type-Detached
MLS® Number-X13804936
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-25.76 × 85.93 ft
Listed on site-Sep 18, 2026
Style-2-Storey
Building Type-Detached
Age-100+
Taxes-$4,298 (2026)
Parking-2 - None
Basement-Partial Basement, Unfinished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Aluminum Siding, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Sewer
Possession-1-29 Days
Neighbourhood-North End
Title-Residential Freehold

No agent assigned

Fantastic opportunity to live in Hamilton's "Neighbourhood by the Bay!" This charming 2-storey home offers 3 bedrooms, 2 full bathrooms, a beautiful brand-new kitchen with stainless steel appliances, and convenient main-floor laundry. Freshly painted with brand-new sod and private driveway parking, it's move-in ready and waiting for its next owner.Step outside to a backyard designed for enjoying the outdoors, featuring a unique sunken courtyard area that's perfect for a kids' play space, outdoor dining or gathering with friends. Mature trees add privacy and create a peaceful backdrop in the heart of the city.And the location? It doesn't get much better! Just steps from the Bayfront, Pier 4, the West Harbour redevelopment, Collective Arts Brewing and Hamilton favourites including Grandad's Donuts, Hutches By The Bay and the Hamilton Yacht Club. Enjoy nearby parks, recreation centres, waterfront trails and schools, plus easy access to the GO Station, public transit, James Street North and everything downtown Hamilton has to offer. This is city living with the waterfront right at your doorstep!

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

Closing Costs

Mortgage Amount
$440,000
Land Transfer Taxes$7,475
Legal Fees (Est.)
$
Total cash required for closing$118,975

Total Monthly Obligation

$2,952/mo
Mortgage $2,219
Monthly Loss $2,368
Principal$584
Interest$1,635
Property Tax$358
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.2%2
5-Year IRR
10.8%41
10-Year IRR
11.3%
Returns Index
21.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$31,272/yr
NOI
$19,347/yr
Net Cash Flow
-$606/mo
Cash Margin
-23.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo55
Risk Index
28.0/ 100

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

Comparables

Properties near 533 Catharine Street N

Time

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