11 Mcneil Street, Hamilton

$499,900
11 Mcneil Street

$499,900

New
17d
Detached2 1/2 Storey

11 Mcneil Street, Hamilton

Total Monthly Obligation $2,760

Beds
3
Baths
2
Park
1
Sqft
1500-2000
DOM
17d
Score
21
Yield
5.8%
Cash on Cash
-0.6%
Cap Rate
4.5%
5Y IRR
15.1%
10Y IRR
14.2%
Property Type-Detached
MLS® Number-X13871850
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-20 × 85 ft
Listed on site-Oct 6, 2026
Style-2 1/2 Storey
Building Type-Detached
Taxes-$4,422.55 (2026)
Parking-1 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE FLOWER CITY REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Shingles
Foundation-Stone
Sewer-Sewer
Possession-Flexible
Neighbourhood-Central
Title-Residential Freehold

No agent assigned

Welcome to 11 McNeil Street! This refreshed, 2-storey detached brick home offers 1,626 sq. ft. of living space, 3 bedrooms, a versatile loft and 2 three-piece bathrooms in Hamilton's Central community. Recent improvements include new 7mm vinyl flooring on the main and second floors, matching vinyl stair coverings, new shoe moulding and fresh off-white paint throughout both levels. Main-floor pot lights and updated second-floor hallway lighting bring a bright, welcoming feel. Separate living and dining rooms offer space for everyday living and entertaining, while the loft provides flexibility for a home office, reading nook or creative space. The finished basement adds room to unwind, along with a three-piece bathroom; a second three-piece bathroom serves the second floor. Central air conditioning and gas forced-air heating provide year-round comfort. An excellent opportunity for first-time buyers or anyone seeking a detached home with character, thoughtful updates and room to make it their own!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$2,760/mo
Mortgage $2,016
Monthly Loss $2,229
Principal$531
Interest$1,486
Property Tax$369
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%22
Cash-on-Cash
-6.5%2
5-Year IRR
10.6%40
10-Year IRR
11.1%
Returns Index
20.8/ 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
$29,040/yr
NOI
$17,213/yr
Net Cash Flow
-$582/mo
Cash Margin
-24.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7110
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo59
Risk Index
29.3/ 100

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

Comparables

Properties near 11 Mcneil 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.