30 Ray Street N, Hamilton

$414,900
30 Ray Street N

$414,900

New
22d
Att/Row/TownhouseBungalow

30 Ray Street N, Hamilton

Total Monthly Obligation $2,317

Beds
2
Baths
1
Park
0
Sqft
< 700
DOM
22d
Score
19
Yield
5.0%
Cash on Cash
-4.2%
Cap Rate
3.7%
5Y IRR
12.3%
10Y IRR
12.0%
Property Type-Att/Row/Townhouse
MLS® Number-X13847018
Beds-2
Bathrooms-1
Size-< 700 sqft
Lot Size-20.25 × 44.67 ft
Listed on site-Oct 1, 2026
Style-Bungalow
Building Type-Att/Row/Townhouse
Taxes-$3,221 (2025)
Parking-None
Basement-Crawl Space
Heating-Forced Air (Gas)
Brokerage-REVEL REALTY INC.
Cooling-Other
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Vinyl Siding
Roof-Asphalt Rolled, Asphalt Shingle
Foundation-Stone
Sewer-Sewer
Possession-Flexible
Neighbourhood-Strathcona
Title-Residential Freehold

No agent assigned

Welcome to 30 Ray Street North! This adorable row house is nestled in the middle of everything! An open concept living area with updated kitchen including granite counters, stainless steel appliances, spacious living room including vaulted ceilings and a skylight for additional natural lighting. The generous master bedroom includes a closet and the second bedroom boasts stackable laundry. A private backyard is fully enclosed and grass free for easy maintenance.Close to the highway, public transit, Locke Street and not far from downtown, this charming home is ready to go! Perfect for first time home buyers, or people looking for single floor living without condo fees and dealing with living in a highrise. Book your showing today, places like this don't often come up in this neighbourhood.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$331,920
Land Transfer Taxes$4,773
Legal Fees (Est.)
$
Total cash required for closing$89,253

Total Monthly Obligation

$2,317/mo
Mortgage $1,674
Monthly Loss $1,877
Principal$440
Interest$1,233
Property Tax$268
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.3%1
5-Year IRR
7.6%21
10-Year IRR
8.8%
Returns Index
11.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$20,640/yr
NOI
$10,855/yr
Net Cash Flow
-$769/mo
Cash Margin
-44.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.546
LTV Ratio
80.0%18
Vacancy Buffer
4.2 mo72
Risk Index
31.8/ 100

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

Comparables

Properties near 30 Ray Street 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.