33 Cline Avenue N, Hamilton

$729,900
33 Cline Avenue N

$729,900

Price Change
22d
Detached2-Storey

33 Cline Avenue N, Hamilton

Total Monthly Obligation $3,957

HausQ Valuation Report
Beds
6
Baths
2
Park
3
Sqft
1100-1500
DOM
22d
Score
22
Yield
6.2%
Cash on Cash
1.0%
Cap Rate
4.8%
5Y IRR
16.3%
10Y IRR
15.2%
Property Type-Detached
MLS® Number-X13850598
Beds-6
Bathrooms-2
Size-1100-1500 sqft
Lot Size-30 × 100 ft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Detached
Taxes-$7,648 (2025)
Parking-3 - None
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-REVEL REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Westdale
Title-Residential Freehold

No agent assigned

Welcome to 33 Cline North. This gem located just steps from McMaster is an investor's dream. Close to Westdale Village, major highways, and all essential amenities. This solid brick home is fully leased to triple AAA tenants on a 12-month term, offering immediate rental income. Recent updates, including the roof, windows, waterline, furnace, electrical, and AC, all within the last 6-10 years, make this a true turnkey investment with minimal maintenance required. Situated in a high-demand location with excellent rental potential, this property is ideal for investors seeking steady cash flow and long-term appreciation. With a large municipal lot (30 x 100 feet), parking for three vehicles, and proximity to top-rated schools, this opportunity won't last long! Don't miss out!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$583,920
Land Transfer Taxes$11,073
Legal Fees (Est.)
$
Total cash required for closing$158,553

Total Monthly Obligation

$3,957/mo
Mortgage $2,944
Monthly Loss $3,182
Principal$775
Interest$2,169
Property Tax$637
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.2%3
5-Year IRR
12.4%53
10-Year IRR
12.5%
Returns Index
27.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$45,480/yr
NOI
$28,784/yr
Net Cash Flow
-$546/mo
Cash Margin
-14.4%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.8115
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
23.9/ 100

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

Comparables

Properties near 33 Cline 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.

Data is provided courtesy of PropTx.

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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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Data last updated within the past 24 hours.