44 Gordon Street, Hamilton

$399,000
44 Gordon Street

$399,000

Price Change
18d
Detached2-Storey

44 Gordon Street, Hamilton

Total Monthly Obligation $2,193

Beds
4
Baths
2
Park
0
Sqft
1100-1500
DOM
18d
Score
32
Yield
7.6%
Cash on Cash
8.2%
Cap Rate
6.3%
5Y IRR
22.1%
10Y IRR
20.1%
Property Type-Detached
MLS® Number-X13861558
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-19.13 × 100 ft
Listed on site-Oct 5, 2026
Style-2-Storey
Building Type-Detached
Taxes-$2,508 (2026)
Parking-None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX REAL ESTATE CENTRE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle, Shingles
Foundation-Unknown
Sewer-Sewer
Possession-Flexible
Neighbourhood-Crown Point
Title-Residential Freehold

No agent assigned

Welcome to this beautifully renovated home offering exceptional value in one of Hamilton's most convenient and evolving neighbourhoods. Spent over $125,000 in modern upgrades, this move-in-ready property is ideal for first-time buyers, investors, downsizers, or anyone seeking a turnkey home.A welcoming covered front porch sets the tone perfect for morning coffee or evening relaxation. Inside, you'll find a bright open-concept main floor with 9-foot ceilings, modern finishes, and abundant natural light. The spacious living and dining areas flow into a fully updated kitchen featuring contemporary cabinetry, porcelain tile flooring, and brand-new stainless steel appliances, with Quartz counter top and Backsplash. Major upgrades include upgraded bathrooms, upgraded Kitchen, water-resistant vinyl flooring,ESA-certified electrical panel, and quality finishes throughout. Additional features include: New rental water heater (May 2026),Owned furnace and central air conditioning, Fully renovated kitchen with modern cabinetry, Premium motorized attic staircase (remote + manual), Finished basement with pot lights, vinyl flooring, laundry, washer/dryer, and storage, Basement waterproofing with lifetime warranty,sump pump, and insulation improvements, New rear deck with gazebo.The finished basement offers flexible space for a rec room, home office, gym.A standout feature is the expansive attic (approx. 24 ft x 12 ft), accessed by a high-end motorized staircase, offering excellent ceiling height and versatile use as a studio, office, playroom, or storage.Conveniently located steps from Tim Hortons Field and minutes to Barton Centre shopping, including Metro, Walmart, Canadian Tire, Marshalls, Michaels, Bulk Barn, and Dollarama. Close to Ottawa Street amenities, schools, parks, transit, and major commuter routes. Street parking is available .A fully upgraded, thoughtfully renovated home offering exceptional value in today's market-truly move-in ready.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$319,200
Land Transfer Taxes$4,460
Legal Fees (Est.)
$
Total cash required for closing$85,760

Total Monthly Obligation

$2,193/mo
Mortgage $1,609
Monthly Loss $1,770
Principal$424
Interest$1,186
Property Tax$209
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.1%38
Cash-on-Cash
1.0%10
5-Year IRR
16.6%80
10-Year IRR
15.9%
Returns Index
43.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
32/ 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
$30,204/yr
NOI
$20,176/yr
Net Cash Flow
$72/mo
Cash Margin
2.9%8
Cash Flow Index
8.1/ 100
Risk Profile
Weight: 20%
DSCR
1.0431
LTV Ratio
80.0%18
Vacancy Buffer
4.3 mo74
Risk Index
41.0/ 100

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

Comparables

Properties near 44 Gordon 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.

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Data last updated within the past 24 hours.