20 East 18th Street, Hamilton

$599,800
20 East 18th Street

$599,800

New
21d
DetachedBungalow

20 East 18th Street, Hamilton

Total Monthly Obligation $3,191

Beds
5
Baths
2
Park
1
Sqft
700-1100
DOM
21d
Score
19
Yield
5.0%
Cash on Cash
-3.7%
Cap Rate
3.8%
5Y IRR
12.6%
10Y IRR
12.3%
Property Type-Detached
MLS® Number-X13857270
Beds-5
Bathrooms-2
Size-700-1100 sqft
Lot Size-40 × 107.5 ft
Listed on site-Oct 2, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$4,764.42 (2026)
Parking-1 - None
Basement-Full, Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-KELLER WILLIAMS COMPLETE REALTY
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Wood
Pool-None
Facing-West
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Inch Park
Title-Residential Freehold

No agent assigned

CHARMING 3+2 BEDROOM BUNGALOW IN DESIRABLE INCH PARK! Set on a 40 x 107 ft lot on Hamilton Mountain, this versatile home features approximately 1,075 sq. ft. of main-floor living plus a finished lower level with separate side entrance. The bright main floor features a welcoming living room, spacious dining area, 3 bedrooms, 4-piece bath, and large eat-in kitchen with access to a 3-season enclosed sunroom overlooking the fully fenced backyard. Outside, enjoy a private setting with mature trees, patio, gazebo, newly installed side fences, and a large shed with hydro/electricity, ideal for a workshop, hobby area, or additional storage. The finished lower level provides excellent versatility with a separate entrance, kitchenette, living room, 2 spacious bedrooms, 3-piece bath, and laundry, providing options for extended family, guests, multi-generational living, or potential rental income. A laundry rough-in in one of the main-floor bedrooms adds further flexibility if the lower level is used separately. Private parking for 1 vehicle plus street parking. Ideally located within walking distance to schools, parks, transit, and the shops, restaurants and cafes of Concession Street, with Juravinski Hospital, escarpment trails, mountain access and stairs all nearby. A fantastic opportunity to call one of Hamilton Mountain's established neighbourhoods home. Come see what makes this Inch Park bungalow such a great find!

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

Closing Costs

Mortgage Amount
$479,840
Land Transfer Taxes$8,471
Legal Fees (Est.)
$
Total cash required for closing$129,931

Total Monthly Obligation

$3,191/mo
Mortgage $2,419
Monthly Loss $2,555
Principal$637
Interest$1,783
Property Tax$397
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.8%1
5-Year IRR
8.7%27
10-Year IRR
9.6%
Returns Index
14.8/ 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
$29,880/yr
NOI
$17,628/yr
Net Cash Flow
-$950/mo
Cash Margin
-38.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
25.2/ 100

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

Comparables

Properties near 20 East 18th Street

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.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

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

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.