125 Cathcart Street, Hamilton

$449,900
125 Cathcart Street

$449,900

Price Change
18d
Detached2 1/2 Storey

125 Cathcart Street, Hamilton

Total Monthly Obligation $2,400

Beds
5
Baths
3
Park
0
Sqft
1500-2000
DOM
18d
Score
35
Yield
7.6%
Cash on Cash
8.9%
Cap Rate
6.5%
5Y IRR
22.8%
10Y IRR
20.6%
Property Type-Detached
MLS® Number-X13865020
Beds-5
Bathrooms-3
Size-1500-2000 sqft
Lot Size-24 × 130 ft
Listed on site-Oct 5, 2026
Style-2 1/2 Storey
Building Type-Detached
Age-100+
Taxes-$2,520 (2026)
Parking-None
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block, Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Beasley
Title-Residential Freehold

No agent assigned

This charming multi-level home offers exceptional space and flexibility, making it ideal for both a large family or a potential duplex conversion. The main level boasts High ceilings while the property spans three floors, with ample room for living, dining. The two units can be opened to be one entire home or the doors separate the two units. The main floor unit features a well-sized 3pc bath, two bedrooms, a spacious kitchen with stainless steel appliances, quartz countertops, smart stoves, dishwasher, soft-close cabinets, under-mount lighting, and upgraded finishes, along with a cozy living room. Upstairs, you'll find 2 additional bedrooms, another 3pc bath, a family room perfect for entertainment, and a second kitchen with similar high-end features. The third floor boasts a large primary bedroom with a private ensuite, creating a peaceful retreat. The home has undergone extensive upgrades, including a new roof, new electrical panels, new plumbing, new windows and new flooring ensuring modern comfort and peace of mind. The addition of a security system, central air conditioning, and a smart thermostat (ECOBEE) adds to the home's convenience and efficiency. Separate entrances provide potential for multi-generational living or rental opportunities. The basement, while unfinished, offers even more potential for customization, while the property itself sits on a generous 24ft x 130ft lot, with rear alley access and proximity to downtown, the hospital, and local amenities. Whether you're looking for a large single-family home or the perfect location for a duplex, this property offers endless possibilities in a sought-after area. **EXTRAS** Both units have separate hydro metres and have separate laundry.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$359,920
Land Transfer Taxes$5,473
Legal Fees (Est.)
$
Total cash required for closing$96,953

Total Monthly Obligation

$2,400/mo
Mortgage $1,815
Monthly Loss $1,922
Principal$478
Interest$1,337
Property Tax$210
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.3%41
Cash-on-Cash
2.1%12
5-Year IRR
17.4%84
10-Year IRR
16.6%
Returns Index
46.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
35/ 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
$34,296/yr
NOI
$23,846/yr
Net Cash Flow
$172/mo
Cash Margin
6.0%14
Cash Flow Index
14.3/ 100
Risk Profile
Weight: 20%
DSCR
1.1035
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo68
Risk Index
40.4/ 100

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

Comparables

Properties near 125 Cathcart Street

Time

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