101 COPE Street, Hamilton

$579,000
101 COPE Street

$579,000

New
22d
Detached1 1/2 Storey

101 COPE Street, Hamilton

Total Monthly Obligation $2,996

Beds
3
Baths
1
Park
1
Sqft
1100-1500
DOM
22d
Score
19
Yield
4.9%
Cash on Cash
-3.1%
Cap Rate
3.9%
5Y IRR
13.1%
10Y IRR
12.6%
Property Type-Detached
MLS® Number-X13850500
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-30 × 92 ft
Listed on site-Oct 1, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-100+
Taxes-$3,424 (2026)
Parking-2 - Detached
Basement-Full, Separate Entrance, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Metal/Steel Siding
Roof-Metal
Foundation-Concrete Block
Sewer-Sewer
Possession-FLEXIBLE
Neighbourhood-Homeside
Title-Residential Freehold

No agent assigned

Giving a new meaning to turnkey, this home is celebrating its 101st birthday, but you wouldn't know it from the walk-through! Expertly renovated with an eye for design, this brick four square maintains all of the timeless character of its original mouldings, inlaid floors, vent covers, and door knobs, with modern conveniences including upgraded wiring, new incoming waterline and backflow valve, metal roof (2020, 40 year warranty), and more. Considerably overhauled in 2020, enter this immaculate home through a covered front porch - perfect for coffee on a rainy morning. The substantial foyer has a coveted coat closet, and a direct sight line of the open concept living/dining room accented with a professionally restored arsenic green tile fireplace surround and mantle. The Chef's kitchen is a no-brainer with stainless appliances, a hidden dishwasher and an entire wall of pantry, open to the inspired dining space with original cove ceiling detail and room to entertain! Access the back party deck through a fully insulated sunroom, the added space work from home professionals are looking for. Upstairs find three considerable bedrooms, all finished in neutral carpet with bright windows and large closets. Each fits a queen sized bed with room to move. The charming three piece bath features a custom glass shower with bench, ceramic art deco vanity sconces, and even includes a supplementary bidet! Additional upgrades include central air (2020), eavestrough (2021), most windows, 3/4 doors, plumbing stack. A fully fenced backyard creates privacy, and the detached garage functions as a workshop with full electrical and an automatic garage door opener! Parking for two on site, side door entry to clean unspoiled basement, extra inclusions to make you feel at home!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$463,200
Land Transfer Taxes$8,055
Legal Fees (Est.)
$
Total cash required for closing$125,355

Total Monthly Obligation

$2,996/mo
Mortgage $2,336
Monthly Loss $2,381
Principal$615
Interest$1,721
Property Tax$285
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%19
Cash-on-Cash
-8.3%1
5-Year IRR
9.1%29
10-Year IRR
9.9%
Returns Index
15.9/ 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
$28,404/yr
NOI
$17,640/yr
Net Cash Flow
-$866/mo
Cash Margin
-36.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo54
Risk Index
26.7/ 100

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

Comparables

Properties near 101 COPE Street

Time

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