28 North Oval, Hamilton

$819,000
28 North Oval

$819,000

New
8d
Detached2 1/2 Storey

28 North Oval, Hamilton

Total Monthly Obligation $4,373

Beds
4
Baths
2
Park
2
Sqft
2000-2500
DOM
8d
Score
20
Yield
5.7%
Cash on Cash
-1.3%
Cap Rate
4.3%
5Y IRR
14.5%
10Y IRR
13.8%
Property Type-Detached
MLS® Number-X14083380
Beds-4
Bathrooms-2
Size-2000-2500 sqft
Lot Size-29.31 × 97.94 ft
Listed on site-Oct 15, 2026
Style-2 1/2 Storey
Building Type-Detached
Age-51-99
Taxes-$8,331.21 (2026)
Parking-2 - None
Basement-Full, Separate Entrance, Partially Finished
Heating-Forced Air (Gas)
Brokerage-COLDWELL BANKER COMMUNITY PROFESSIONALS
Cooling-None
Laundry-No
Fireplace-No
Pool-Inground
Facing-South
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-flexible
Neighbourhood-Westdale
Title-Residential Freehold

No agent assigned

Welcome to 28 North Oval, a 1927 detached 2.5 storey home on one of Westdale's quiet, tree-lined curved streets. This is the kind of neighbourhood where weekends start with a coffee in Westdale Village, a stroll past the local shops and a movie night at the historic Westdale Theatre, all just a few minutes from your front door. Churchill Park is around the corner for splash pad days and walks into the Cootes Paradise trails. Cootes Paradise Elementary is an easy walk to school, with Dalewood and Westdale Secondary close by, and McMaster is about a kilometre down the road. When you do need to head out of town, the 403 is only minutes away. Inside, the home is bright, spacious and updated while keeping the classic touches that make Westdale homes so special: exposed brick walls in the dining room and upstairs bath, an oak staircase to the second floor, and floors that are new or refurbished throughout. The kitchen features granite counters and an island that opens to the dining room, and the main floor family room at the back gives everyone room to spread out. Upstairs are three bedrooms and a 4-piece bath, plus a finished third floor offering a large fourth bedroom or flex space. The basement has a separate entrance, a 3-piece bath, laundry, and a rec room. Out back, a double-stair covered porch overlooks a 16 x 32 ft inground pool with an 8 ft deep end and diving board, perfect for summers at home. Private drive parking for two, plus a shed and workshop. Key updates include new roof shingles (2024) and a replaced main sewer line with backwater valve (2024). Approximately 2,015 sq ft above grade.

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

Closing Costs

Mortgage Amount
$655,200
Land Transfer Taxes$12,855
Legal Fees (Est.)
$
Total cash required for closing$178,155

Total Monthly Obligation

$4,373/mo
Mortgage $3,304
Monthly Loss $3,504
Principal$869
Interest$2,434
Property Tax$694
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%23
Cash-on-Cash
-6.1%2
5-Year IRR
10.9%42
10-Year IRR
11.3%
Returns Index
21.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$46,404/yr
NOI
$28,932/yr
Net Cash Flow
-$893/mo
Cash Margin
-23.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
21.2/ 100

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

Comparables

Properties near 28 North Oval

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