96 PALING Avenue, Hamilton

$479,900
96 PALING Avenue

$479,900

New
7d
DetachedBungalow

96 PALING Avenue, Hamilton

Total Monthly Obligation $2,578

Beds
2
Baths
2
Park
2
Sqft
< 700
DOM
7d
Score
18
Yield
4.4%
Cash on Cash
-5.9%
Cap Rate
3.3%
5Y IRR
10.9%
10Y IRR
10.9%
Property Type-Detached
MLS® Number-X14086556
Beds-2
Bathrooms-2
Size-< 700 sqft
Lot Size-31.5 × 114 ft
Listed on site-Oct 16, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$3,208 (2026)
Parking-3 - Detached
Basement-Separate Entrance, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Brick
Sewer-Sewer
Possession-Immediate
Neighbourhood-Homeside
Title-Residential Freehold

No agent assigned

Charming 2-bedroom bungalow ideal for first-time buyers, downsizers, or investors! This cozy starter home offers a bright, functional layout with plenty of potential to make it your own. The detached garage, rebuilt in 2019, features a 2024 electrical sub-panel and is prepped for an electric vehicle charger. A rear driveway provides convenient parking for multiple vehicles. The unfinished basement with a 2-piece bathroom presents an excellent opportunity to expand your living space with a future rec room, additional bedroom, home office, or gym. Additional updates include owned natural gas hot water tank (2020), roof shingles (2019), natural gas BBQ hookup (2020), deck and concrete patio (2025), gutters with gutter guards, downspouts and fascia (2025), and central air conditioning (2025). Spacious attic area offers excellent additional storage. Fantastic location just minutes to the highway, shopping, and within walking distance to a Secondary School, an Arena & Outdoor Pool, Park, and more. A great opportunity to enter the market in a convenient, family-friendly neighbourhood!

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

Closing Costs

Mortgage Amount
$383,920
Land Transfer Taxes$6,073
Legal Fees (Est.)
$
Total cash required for closing$103,553

Total Monthly Obligation

$2,578/mo
Mortgage $1,936
Monthly Loss $2,069
Principal$509
Interest$1,426
Property Tax$267
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.4%0
5-Year IRR
6.7%17
10-Year IRR
8.1%
Returns Index
9.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$21,276/yr
NOI
$11,440/yr
Net Cash Flow
-$982/mo
Cash Margin
-55.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo65
Risk Index
29.1/ 100

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

Comparables

Properties near 96 PALING Avenue

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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