69 Gage Avenue N, Hamilton

$375,000
69 Gage Avenue N

$375,000

New
25d
Detached2-Storey

69 Gage Avenue N, Hamilton

Total Monthly Obligation $2,113

HausQ Valuation Report
Beds
3
Baths
2
Park
0
Sqft
1100-1500
DOM
25d
Score
45
Yield
8.6%
Cash on Cash
12.4%
Cap Rate
7.3%
5Y IRR
25.7%
10Y IRR
23.1%
Property Type-Detached
MLS® Number-X13836366
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-21.67 × 83.5 ft
Listed on site-Sep 28, 2026
Style-2-Storey
Building Type-Detached
Taxes-$2,709.58 (2026)
Parking-None
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE STATE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Asbestos Siding, Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-immediate
Neighbourhood-Stipley
Title-Residential Freehold

No agent assigned

Great Opportunity for First-Time Buyers or Investors! This DETACHED 3-Bedroom Home Offers Plenty of Potential to Personalize and Make it Your Own. The Main Level Features a Separate Living Room, Dining Room and a Spacious Kitchen. Additional Features Include Some Original Hardwood Flooring, an Unfinished Basement with Plenty of Storage, Front and Rear Porches, and a Low-Maintenance Lot with a Fully Fenced Backyard. Conveniently Located Just Two Blocks from the Hamilton Stadium, Home of the Hamilton Tiger-Cats, and Within Walking Distance of Gage Park, Known for its Expansive Green Space and Community Festivals and Events. Situated on Main Bus Routes with Easy Access to the QEW, Hamilton Mountain, and The Red Hill Valley Parkway/LINC. Street Parking Available. Estate Sale. Quick Possession is Available.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$300,000
Land Transfer Taxes$4,100
Legal Fees (Est.)
$
Total cash required for closing$80,600

Total Monthly Obligation

$2,113/mo
Mortgage $1,513
Monthly Loss $1,715
Principal$398
Interest$1,115
Property Tax$226
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.9%48
Cash-on-Cash
4.7%21
5-Year IRR
19.6%91
10-Year IRR
18.4%
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
$32,400/yr
NOI
$21,950/yr
Net Cash Flow
$317/mo
Cash Margin
11.7%34
Cash Flow Index
34.2/ 100
Risk Profile
Weight: 20%
DSCR
1.2146
LTV Ratio
80.0%18
Vacancy Buffer
4.4 mo76
Risk Index
46.8/ 100

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

Comparables

Properties near 69 Gage 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.

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Data last updated within the past 24 hours.