111 West Avenue N, Hamilton

$379,000
111 West Avenue N

$379,000

New
25d
Detached2-Storey

111 West Avenue N, Hamilton

Total Monthly Obligation $2,071

HausQ Valuation Report
Beds
2
Baths
2
Park
2
Sqft
700-1100
DOM
25d
Score
26
Yield
6.5%
Cash on Cash
3.9%
Cap Rate
5.4%
5Y IRR
18.7%
10Y IRR
17.2%
Property Type-Detached
MLS® Number-X13835740
Beds-2
Bathrooms-2
Size-700-1100 sqft
Lot Size-20.63 × 121.67 ft
Listed on site-Sep 28, 2026
Style-2-Storey
Building Type-Detached
Taxes-$2,007 (2025)
Parking-3 - Detached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-Royal LePage State Realty
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Beasley
Title-Residential Freehold

No agent assigned

An opportunity to get into the Hamilton market at an approachable price point! 111 West Ave N offers a spacious main floor, plenty of potential and some great features that are hard to find at this price. The home is ready for updating, giving a first-time buyer, investor or renovator the chance to make it their own and add value over time. The main level offers generous living space, including an additional area that could make a great sunroom, plus another flexible space with the potential to create a custom pantry and expand the functionality of the kitchen. Outside, there's a shed, parking for three vehicles and a detached 1.5-car garage with hydro, ideal for storage, a workshop or hobby space. Bring your ideas and see what you can create. This is an opportunity worth a look. Kitchen and pantry space photos feature a virtual renovation to showcase design and layout potential. Property is being sold in its current 'as-is' condition."

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Closing Costs

Mortgage Amount
$303,200
Land Transfer Taxes$4,160
Legal Fees (Est.)
$
Total cash required for closing$81,460

Total Monthly Obligation

$2,071/mo
Mortgage $1,529
Monthly Loss $1,669
Principal$402
Interest$1,126
Property Tax$167
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.2%29
Cash-on-Cash
-3.1%4
5-Year IRR
13.3%60
10-Year IRR
13.2%
Returns Index
31.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
26/ 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
$24,828/yr
NOI
$15,838/yr
Net Cash Flow
-$209/mo
Cash Margin
-10.1%1
Cash Flow Index
0.7/ 100
Risk Profile
Weight: 20%
DSCR
0.8618
LTV Ratio
80.0%18
Vacancy Buffer
4.6 mo78
Risk Index
38.0/ 100

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

Comparables

Properties near 111 West Avenue N

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.

Data is provided courtesy of PropTx.

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Data last updated within the past 24 hours.