14 Prospect Street S, Hamilton

$770,000
14 Prospect Street S

$770,000

Price Change
21d
Detached2 1/2 Storey

14 Prospect Street S, Hamilton

Total Monthly Obligation $3,921

HausQ Valuation Report
Beds
3
Baths
2
Park
3
Sqft
1500-2000
DOM
21d
Score
20
Yield
5.5%
Cash on Cash
-0.8%
Cap Rate
4.4%
5Y IRR
14.9%
10Y IRR
14.1%
Property Type-Detached
MLS® Number-X13856818
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-40 × 85.33 ft
Listed on site-Oct 2, 2026
Style-2 1/2 Storey
Building Type-Detached
Taxes-$5,279.02 (2026)
Parking-3 - None
Basement-Unfinished
Heating-Heat Pump (Gas)
Brokerage-COLDWELL BANKER COMMUNITY PROFESSIONALS
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Unknown
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Stipley
Title-Residential Freehold

No agent assigned

14 Prospect St S is a lovingly updated 2.5-storey Hamilton Four Square, full of original character, thoughtful details and a distinctly stylish sensibility. Offering 3 bedrooms, 2 bathrooms and approximately 1,800 sq ft, the home retains its wonderful original layout, with inlaid hardwood floors, coffered ceilings and all the craftsmanship that makes these homes so special. The updated kitchen and playful design touches feel right at home alongside the original details, while the generous front porch and pollinator garden add to its undeniable charm. A high and dry basement offers excellent workshop space, with plenty of room for projects and creative pursuits. Set in a fantastic family-friendly neighbourhood, close to Gage Park, Bernie Morelli Recreation Centre, Vintage Coffee, Capitol Bar and the future LRT.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$616,000
Land Transfer Taxes$11,875
Legal Fees (Est.)
$
Total cash required for closing$167,375

Total Monthly Obligation

$3,921/mo
Mortgage $3,106
Monthly Loss $3,104
Principal$817
Interest$2,289
Property Tax$440
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.6%2
5-Year IRR
11.2%44
10-Year IRR
11.5%
Returns Index
23.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$42,000/yr
NOI
$28,021/yr
Net Cash Flow
-$771/mo
Cash Margin
-22.0%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7512
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo39
Risk Index
23.1/ 100

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

Comparables

Properties near 14 Prospect Street 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.