36 Algonquin Court, Hamilton

$729,000
36 Algonquin Court

$729,000

New
17d
DetachedBacksplit 4

36 Algonquin Court, Hamilton

Total Monthly Obligation $3,791

Beds
4
Baths
2
Park
4
Sqft
1500-2000
DOM
17d
Score
21
Yield
5.7%
Cash on Cash
-0.3%
Cap Rate
4.5%
5Y IRR
15.3%
10Y IRR
14.4%
Property Type-Detached
MLS® Number-X13869000
Beds-4
Bathrooms-2
Size-1500-2000 sqft
Lot Size-40 × 113 ft
Listed on site-Oct 6, 2026
Style-Backsplit 4
Building Type-Detached
Age-31-50
Taxes-$5,704.08 (2025)
Parking-5 - Built-In
Basement-Crawl Space
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Wood, Family Room
Pool-None
Facing-South
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Neighbourhood-Lisgar
Title-Residential Freehold

No agent assigned

Welcome to 36 Algonquin Court, located on a quiet residential cul-de-sac in Hamilton's East Mountain (Lisgar) neighbourhood, just steps from the Mountain Brow and offering convenient access to the Red Hill Parkway and the LINC. This well-maintained multi-level home offers a functional layout with comfortable living and entertaining spaces. The main level features a bright living room, formal dining room, and spacious updated dine-in kitchen with ample cabinetry and workspace. The upper level offers 3 bedrooms and a 5-piece bathroom. The lower levels provide additional living space, including a bright family/sunroom, 3-piece bathroom, and 4th bedroom, offering flexibility for a home office, guest space, or additional family living. With approximately 1,800 sq. ft. of above-grade living space, plus a basement featuring a recreation room, laundry, workshop, and walk-up access to the garage. Step from the sunroom into the south-facing backyard, complete with a spacious patio, mature perennial gardens, and designated areas for vegetable gardening. Conveniently located near the scenic Mountain Brow Walk, Escarpment Rail Trail, Mohawk Sports Park, Albion Falls and Kings Forest hiking trails. Easy access to the Red Hill Parkway and Lincoln Alexander Parkway provides convenient commuting options, with a variety of shopping, dining and everyday amenities nearby, including Lime Ridge Mall.

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

Closing Costs

Mortgage Amount
$583,200
Land Transfer Taxes$11,055
Legal Fees (Est.)
$
Total cash required for closing$158,355

Total Monthly Obligation

$3,791/mo
Mortgage $2,941
Monthly Loss $3,017
Principal$774
Interest$2,167
Property Tax$475
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.3%2
5-Year IRR
11.5%46
10-Year IRR
11.8%
Returns Index
24.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$41,400/yr
NOI
$27,056/yr
Net Cash Flow
-$686/mo
Cash Margin
-19.9%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7713
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo41
Risk Index
23.8/ 100

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

Comparables

Properties near 36 Algonquin Court

Time

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