58 Connaught Avenue S, Hamilton

$599,000
58 Connaught Avenue S

$599,000

New
6d
Detached3-Storey

58 Connaught Avenue S, Hamilton

Total Monthly Obligation $3,191

Beds
5
Baths
2
Park
3
Sqft
1500-2000
DOM
6d
Score
26
Yield
6.8%
Cash on Cash
4.4%
Cap Rate
5.5%
5Y IRR
19.1%
10Y IRR
17.5%
Property Type-Detached
MLS® Number-X14090740
Beds-5
Bathrooms-2
Size-1500-2000 sqft
Lot Size-40 × 91.33 ft
Listed on site-Oct 17, 2026
Style-3-Storey
Building Type-Detached
Age-100+
Taxes-$4,796 (2026)
Parking-3 - None
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-MICHAEL ST.JEAN REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Living Room
Pool-None
Facing-West
Exterior-Brick
Roof-Metal
Foundation-Unknown
Sewer-Sewer
Possession-TBD
Neighbourhood-Gibson
Title-Residential Freehold

No agent assigned

Welcome to 58 Connaught Ave S! This spacious 2.5-storey property offers 5 bedrooms, 2 bathrooms and over 1,700 sq. ft. of living space, making it an ideal opportunity forfamilies seeking room to grow. Featuring generously sized bedrooms, classic wood detailing and a functional layout, this home is full of character and possibilities. The unfinished basement with a separate entrance offers additional space and future potential, while the newer furnace and A/C provide added comfort. Situated in the Gibson/Stipley South neighbourhood, enjoy convenient access to Gage Park, Hamilton Stadium, local schools, shopping, restaurants and public transit. With its generous space, timeless details, and plenty of potential to make it your own, this property is an opportunity you won't want to miss!

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

Closing Costs

Mortgage Amount
$479,200
Land Transfer Taxes$8,455
Legal Fees (Est.)
$
Total cash required for closing$129,755

Total Monthly Obligation

$3,191/mo
Mortgage $2,416
Monthly Loss $2,555
Principal$636
Interest$1,780
Property Tax$400
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.6%33
Cash-on-Cash
-1.3%6
5-Year IRR
14.7%69
10-Year IRR
14.3%
Returns Index
36.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
26/ 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
$40,668/yr
NOI
$27,305/yr
Net Cash Flow
-$141/mo
Cash Margin
-4.2%2
Cash Flow Index
2.1/ 100
Risk Profile
Weight: 20%
DSCR
0.9423
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
30.1/ 100

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

Comparables

Properties near 58 Connaught Avenue S

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.