23 Nightingale Street, Hamilton

$490,000
23 Nightingale Street

$490,000

New
8d
Detached2 1/2 Storey

23 Nightingale Street, Hamilton

Total Monthly Obligation $2,625

Beds
4
Baths
2
Park
1
Sqft
1500-2000
DOM
8d
Score
27
Yield
6.9%
Cash on Cash
5.1%
Cap Rate
5.7%
5Y IRR
19.6%
10Y IRR
18.0%
Property Type-Detached
MLS® Number-X14082482
Beds-4
Bathrooms-2
Size-1500-2000 sqft
Lot Size-23 × 79 ft
Listed on site-Oct 15, 2026
Style-2 1/2 Storey
Building Type-Detached
Age-100+
Taxes-$3,285.76 (2026)
Parking-1 - Detached
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-KELLER WILLIAMS COMPLETE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Landsdale
Title-Residential Freehold

No agent assigned

Full of charm and rich in character, this inviting brick home blends timeless century home details with the space and functionality today's families appreciate. Original wood floors and trim, a beautiful bay window, and a welcoming covered front porch set the tone, offering a glimpse of the character that makes this home so special. Inside, the main floor offers a comfortable flow between the living room and spacious dining area, complemented by a bright, updated kitchen featuring stone countertops, a herringbone backsplash, and stainless-steel appliances. A casual dining nook and separate family room provide plenty of room for everyday living, entertaining, and gathering with family and friends. The second floor features three bedrooms and a full bathroom, while the third floor adds a fourth bedroom and a versatile bonus room perfect for a home office, playroom, or guest retreat. An additional bathroom and ample storage in the basement add even more practicality. Step outside to enjoy the private backyard and detached garage, while the covered front porch offers the perfect spot to enjoy a quiet morning coffee or unwind at the end of the day. Set on a classic Hamilton street, this is a home that balances old-world charm with the space and flexibility to suit modern life. Warm, welcoming, and full of personality, it's a place where original character and everyday comfort come together beautifully.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$392,000
Land Transfer Taxes$6,275
Legal Fees (Est.)
$
Total cash required for closing$105,775

Total Monthly Obligation

$2,625/mo
Mortgage $1,977
Monthly Loss $2,105
Principal$520
Interest$1,456
Property Tax$274
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.6%33
Cash-on-Cash
-1.2%6
5-Year IRR
14.8%70
10-Year IRR
14.4%
Returns Index
36.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
27/ 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
$33,600/yr
NOI
$22,454/yr
Net Cash Flow
-$105/mo
Cash Margin
-3.8%2
Cash Flow Index
2.3/ 100
Risk Profile
Weight: 20%
DSCR
0.9523
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
34.4/ 100

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

Comparables

Properties near 23 Nightingale Street

Time

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