24 Belview Avenue, Hamilton

$499,900
24 Belview Avenue

$499,900

Price Change
21d
Detached2-Storey

24 Belview Avenue, Hamilton

Total Monthly Obligation $2,638

Beds
3
Baths
1
Park
2
Sqft
700-1100
DOM
21d
Score
22
Yield
5.7%
Cash on Cash
0.3%
Cap Rate
4.7%
5Y IRR
15.8%
10Y IRR
14.8%
Property Type-Detached
MLS® Number-X13855410
Beds-3
Bathrooms-1
Size-700-1100 sqft
Lot Size-25 × 95.5 ft
Listed on site-Oct 2, 2026
Style-2-Storey
Building Type-Detached
Age-100+
Taxes-$2,962 (2025)
Parking-3 - None
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick, Brick Veneer
Roof-Asphalt Shingle
Foundation-Block, Stone
Sewer-Sewer
Possession-Flexible
Neighbourhood-Crown Point
Title-Residential Freehold

No agent assigned

Classic 1915 two-storey detached home, complete with Victorian charm, in Hamilton's Crown Point neighbourhood, offering 1,038 sq ft above grade across three bedrooms and one bath. Forced-air gas heating and central air cooling throughout. The 711 sq ft basement is unfinished, offering storage or future development potential. Municipal water and sewer service. Set on a well-maintained inner-city lot in the established Crown Point / Stipley area, close to shops and restaurants, with quick access to the highway and family friendly amenities. A straightforward, well-documented opportunity for an end user looking for a great home in an up-and-coming neighbourhood.

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

Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$2,638/mo
Mortgage $2,016
Monthly Loss $2,108
Principal$531
Interest$1,486
Property Tax$247
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.5%2
5-Year IRR
11.3%45
10-Year IRR
11.6%
Returns Index
23.5/ 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
$28,596/yr
NOI
$18,274/yr
Net Cash Flow
-$494/mo
Cash Margin
-20.7%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7612
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
30.9/ 100

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

Comparables

Properties near 24 Belview Avenue

Time

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Data last updated within the past 24 hours.