234 Normanhurst Avenue, Hamilton

$539,900
234 Normanhurst Avenue

$539,900

New
24d
DetachedBungalow

234 Normanhurst Avenue, Hamilton

Total Monthly Obligation $2,889

HausQ Valuation Report
Beds
3
Baths
2
Park
3
Sqft
700-1100
DOM
24d
Score
21
Yield
5.6%
Cash on Cash
-0.9%
Cap Rate
4.4%
5Y IRR
14.8%
10Y IRR
14.0%
Property Type-Detached
MLS® Number-X13839736
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-45 × 105 ft
Listed on site-Sep 29, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,033.24 (2026)
Parking-4 - Detached
Basement-Full, Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-MICHAEL ST.JEAN REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-TBD
Neighbourhood-Normanhurst
Title-Residential Freehold

No agent assigned

Welcome to 234 Normanhurst Drive, a charming bungalow offering an excellent opportunity to make a home truly your own. Situated on a great-sized lot in a convenient Hamilton location, this property is surrounded by everyday amenities, schools, parks, shopping, transit and easy access to major roadways.Inside, you'll find spacious rooms with plenty of natural light, including large front-facing windows that create a bright and welcoming feel. The eat-in kitchen offers room for a dining table and provides a great opportunity to update and personalize the space to suit your style.The separate entrance adds flexibility for future use, while the generous lot offers plenty of outdoor space and potential. A spacious detached garage provides excellent additional storage, workshop space or parking.Whether you're a first-time buyer looking to build equity, an investor seeking a property with potential, or a downsizer looking for convenient one-floor living, 234 Normanhurst Drive offers a solid opportunity in a well-connected Hamilton neighbourhood. Bring your vision and make this bungalow your own!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$431,920
Land Transfer Taxes$7,273
Legal Fees (Est.)
$
Total cash required for closing$116,753

Total Monthly Obligation

$2,889/mo
Mortgage $2,178
Monthly Loss $2,316
Principal$573
Interest$1,605
Property Tax$336
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%22
Cash-on-Cash
-6.5%2
5-Year IRR
10.5%39
10-Year IRR
11.1%
Returns Index
20.7/ 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
$30,120/yr
NOI
$18,575/yr
Net Cash Flow
-$630/mo
Cash Margin
-25.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7110
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo56
Risk Index
28.3/ 100

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

Comparables

Properties near 234 Normanhurst Avenue

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.