234 BALMORAL Avenue S, Hamilton

$699,000
234 BALMORAL Avenue S

$699,000

New
22d
Detached2-Storey

234 BALMORAL Avenue S, Hamilton

Total Monthly Obligation $3,517

Beds
4
Baths
2
Park
2
Sqft
1100-1500
DOM
22d
Score
18
Yield
4.6%
Cash on Cash
-3.9%
Cap Rate
3.7%
5Y IRR
12.5%
10Y IRR
12.1%
Property Type-Detached
MLS® Number-X13851232
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-30 × 115 ft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Detached
Taxes-$3,866.39 (2026)
Parking-3 - Detached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Septic
Possession-Immediate
Neighbourhood-Delta
Title-Residential Freehold

No agent assigned

This one has the look, the updates, and the kind of versatility that makes a house especially easy to love. Completely refreshed with a crisp, modern point of view, this 3+1 bedroom, 2bathroom home delivers style without sacrificing the practical pieces that matter. Inside, the transformation is immediately apparent. Fresh flooring, new baseboards and trim, updated lighting and thoughtfully selected finishes give the home a polished, cohesive feel. The kitchen brings a little drama in all the right ways, pairing quartz countertops with modern cabinetry, sleek accents and a full suite of brand new appliances. Both bathrooms have been completely updated, continuing the clean, contemporary aesthetic throughout. Downstairs, the finished lower level opens up an entirely new layer of possibilities. With an additional bedroom, bathroom, living space and second kitchen, there is plenty of room for all. Behind the scenes, important work has been done too, including brand new ESA certified electrical, while the newly renovated detached garage adds another valuable upgrade. And then there is the backyard. Large, open and ready for summer dinners, kids, pets, gardens or your future dream outdoor setup. With two car parking, schools, transit and beautiful Gage Park nearby, this isa home that feels current, comfortable and genuinely move in ready. Stylish where you want it to be, functional where it needs to be, and updated far beyond what first meets the eye. Bring your pickiest buyers.

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%
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$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$559,200
Land Transfer Taxes$10,455
Legal Fees (Est.)
$
Total cash required for closing$151,755

Total Monthly Obligation

$3,517/mo
Mortgage $2,820
Monthly Loss $2,775
Principal$742
Interest$2,078
Property Tax$322
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.6%1
5-Year IRR
8.8%28
10-Year IRR
9.7%
Returns Index
15.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$32,484/yr
NOI
$20,869/yr
Net Cash Flow
-$1,080/mo
Cash Margin
-39.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.627
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo45
Risk Index
23.5/ 100

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

Comparables

Properties near 234 BALMORAL Avenue S

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.