366 Aberdeen Avenue, Hamilton

$1,059,000
366 Aberdeen Avenue

$1,059,000

New
4d
Detached1 1/2 Storey

366 Aberdeen Avenue, Hamilton

Total Monthly Obligation $5,301

Beds
4
Baths
3
Park
4
Sqft
2000-2500
DOM
4d
Score
17
Yield
4.5%
Cash on Cash
-5.3%
Cap Rate
3.4%
5Y IRR
11.4%
10Y IRR
11.3%
Property Type-Detached
MLS® Number-X14094774
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-50 × 124 ft
Listed on site-Oct 19, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-51-99
Taxes-$7,848.46 (2026)
Parking-5 - Detached
Basement-Partially Finished
Heating-Radiant (Gas)
Brokerage-ROYAL LEPAGE STATE REALTY
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-Inground
Facing-North
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Kirkendall
Title-Residential Freehold

No agent assigned

Located in the vibrant community of Kirkendall, one of Hamilton's most desirable neighbourhoods, this spacious property, renovated and updated from top to bottom, seamlessly blends mid-century character with modern upgrades (attached in supplements). Offering comfort, functionality, and timeless style, this beautiful home boasts bright light and plenty of room to entertain inside and out. Featuring large principal rooms and original hardwood flooring throughout much of the house, the living room showcases an original marble fireplace (As Is) and windows in each room flood the home with natural light. The custom kitchen features in-floor radiant heating, quartz countertops, and a peninsula that opens into the dining room, perfect for family gatherings and entertaining. The main floor also includes a dedicated office space with a separate entrance, ideal for working from home or a home-based business. Upstairs offers four generously sized bedrooms, including a stunning primary with a spa-like 3-piece ensuite. Two bedrooms feature built-in storage, and the fourth offers a large walk-in closet. These three bedrooms share a renovated 4-piece bathroom. The lower level includes a spacious rec room/gathering for childrens open play space, a cold cellar, and a laundry/utility room with double sinks. Basement windows meet egress requirements, and the ceiling height is 6.5 ft. Outside, enjoy a large private spacious backyard with an in-ground pool and patio, great for summer days, with lane/alley access. There are many possibilities for you to create your own outdoor oasis. Walking distance to Locke Street and Dundurn Street. Short walk to top rated elementary and secondary schools, parks, trails, and golf course. Minutes to McMaster University, hospitals, and Hwy 403. This home awaits a new owner to make wonderful lasting memories.

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

Closing Costs

Mortgage Amount
$847,200
Land Transfer Taxes$17,655
Legal Fees (Est.)
$
Total cash required for closing$230,955

Total Monthly Obligation

$5,301/mo
Mortgage $4,272
Monthly Loss $4,177
Principal$1,124
Interest$3,148
Property Tax$654
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.3%1
5-Year IRR
8.3%25
10-Year IRR
9.3%
Returns Index
13.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$47,160/yr
NOI
$30,096/yr
Net Cash Flow
-$1,764/mo
Cash Margin
-44.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo28
Risk Index
17.6/ 100

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

Comparables

Properties near 366 Aberdeen Avenue

Time

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