58 St. Matthews Avenue, Hamilton

$469,950
58 St. Matthews Avenue

$469,950

New
7d
Detached2 1/2 Storey

58 St. Matthews Avenue, Hamilton

Total Monthly Obligation $2,576

Beds
4
Baths
3
Park
0
Sqft
1500-2000
DOM
7d
Score
23
Yield
6.2%
Cash on Cash
1.5%
Cap Rate
4.9%
5Y IRR
16.7%
10Y IRR
15.6%
Property Type-Detached
MLS® Number-X14088632
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-19.91 × 912.13 ft
Listed on site-Oct 16, 2026
Style-2 1/2 Storey
Building Type-Detached
Taxes-$3,662 (2026)
Parking-None
Basement-Finished, Full
Heating-Baseboard (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Immediate
Neighbourhood-Beasley
Title-Residential Freehold

No agent assigned

Opportunity knocks at 58 St. Matthews! This 4 bedroom, 3 bathroom home with a bonus third-storey loft offers great potential for an in-law suite or multi-generational living. With separate entrances, the layout gives you options to create the setup that works for you, whether that's bringing the family under one roof, finding space for a work-from-home setup, or planning for flexible long-term use. The third-storey loft adds even more room to spread out, ideal for a home office, studio, or private retreat. Located minutes from Hamilton General Hospital, it's a smart fit for healthcare professionals and anyone who values a short commute. You'll also be right in the path of growing Barton Village, with its expanding mix of shops, restaurants, and community energy.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$375,960
Land Transfer Taxes$5,874
Legal Fees (Est.)
$
Total cash required for closing$101,364

Total Monthly Obligation

$2,576/mo
Mortgage $1,896
Monthly Loss $2,077
Principal$499
Interest$1,397
Property Tax$305
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-4.7%2
5-Year IRR
12.0%50
10-Year IRR
12.2%
Returns Index
26.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$17,974/yr
Net Cash Flow
-$398/mo
Cash Margin
-16.4%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.7914
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo64
Risk Index
31.9/ 100

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

Comparables

Properties near 58 St. Matthews 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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Data last updated within the past 24 hours.