222 Kensington Avenue N, Hamilton

$349,900
222 Kensington Avenue N

$349,900

New
25d
DetachedBungalow

222 Kensington Avenue N, Hamilton

Total Monthly Obligation $1,940

Beds
2
Baths
1
Park
0
Sqft
< 700
DOM
25d
Score
24
Yield
6.2%
Cash on Cash
2.2%
Cap Rate
5.1%
5Y IRR
17.3%
10Y IRR
16.0%
Property Type-Detached
MLS® Number-X13835754
Beds-2
Bathrooms-1
Size-< 700 sqft
Lot Size-28.58 × 57 ft
Listed on site-Sep 28, 2026
Style-Bungalow
Building Type-Detached
Age-100+
Taxes-$1,841 (2026)
Parking-None
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-REVEL REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Sewer
Possession-IMMED
Neighbourhood-Crown Point
Title-Residential Freehold

No agent assigned

Completely Turnkey Detached Home - Inside & Out - Well Under $400K! Located in Hamilton's vibrant Crown Point community, this beautifully remodelled bungalow offers exceptional value on a spacious corner lot with a generous yard. Just steps from the trendy shops, cafés, restaurants and local favourites of Ottawa Street North, and minutes to the Centre on Barton, the location is hard to beat.Completely transformed in 2021, the home was stripped to the studs and rebuilt, with extensive updates including new framing, insulation, roof, soffits, fascia, eavestroughs, HVAC, exterior siding, furnace, central air, plumbing and electrical. The major work has been done - simply move in and enjoy!Inside, soaring 14-foot vaulted ceilings create an impressive sense of space and natural light, complemented by modern finishes throughout. Remodelled front and rear decks provide inviting outdoor spaces, while the rear exit offers convenient access to the spacious backyard.An ideal opportunity for first-time buyers, downsizers or anyone looking for a truly turnkey detached home without the cost and hassle of renovating. With every major component thoughtfully updated, there is nothing left to do but move in and make it your own.Detached. Completely remodelled. Corner lot. Turnkey inside and out. Steps to Ottawa Street. Well under $400K. A rare opportunity to own an extensively updated home in one of Hamilton's most vibrant and evolving communities.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$279,920
Land Transfer Taxes$3,724
Legal Fees (Est.)
$
Total cash required for closing$75,204

Total Monthly Obligation

$1,940/mo
Mortgage $1,411
Monthly Loss $1,568
Principal$371
Interest$1,040
Property Tax$153
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-5.0%2
5-Year IRR
11.8%48
10-Year IRR
12.0%
Returns Index
25.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$21,672/yr
NOI
$13,164/yr
Net Cash Flow
-$314/mo
Cash Margin
-17.4%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.7813
LTV Ratio
80.0%18
Vacancy Buffer
4.9 mo82
Risk Index
37.9/ 100

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

Comparables

Properties near 222 Kensington Avenue N

Time

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