352 East 28th Street, Hamilton

$595,900
352 East 28th Street

$595,900

New
3d
DetachedBungalow

352 East 28th Street, Hamilton

Total Monthly Obligation $3,133

Beds
3
Baths
2
Park
4
Sqft
700-1100
DOM
3d
Score
21
Yield
5.7%
Cash on Cash
-0.2%
Cap Rate
4.5%
5Y IRR
15.4%
10Y IRR
14.5%
Property Type-Detached
MLS® Number-X14098072
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-45 × 100 ft
Listed on site-Oct 20, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$4,251.86 (2025)
Parking-4 - None
Basement-Apartment, Separate Entrance, Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT FRANK REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession--
Neighbourhood-Burkholme
Title-Residential Freehold

No agent assigned

Welcome to this Stunning East Mountain Bungalow. This well maintained and spotless 2+1-bedroom brick bungalow is located in a sought-after family friendly quiet neighbourhood. This home features 2+1 bedrooms, 2 oversized baths, spacious updated eat-in kitchen with plenty of cupboard space. Large main floor living with updated flooring, pot lights, large windows creating ample lighting throughout. Step outdoors, relax and enjoy the privacy of your own walk out with an impressive large sized covered deck, overlooking a large, fenced yard and 2 sheds, ample parking available. The basement includes a side entrance for a possible in-law suite or rental unit. Large recreation room, 3rd bedroom with large closet space, kitchen area, storage and laundry room. Furnace, and AC has been replaced in last 5 years, 200-amp electrical service. This home is conveniently located just minutes to all amenities, a short walk to schools, parks and public transit, short distance to grocery and retail stores, and hospital.

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

Closing Costs

Mortgage Amount
$476,720
Land Transfer Taxes$8,393
Legal Fees (Est.)
$
Total cash required for closing$129,073

Total Monthly Obligation

$3,133/mo
Mortgage $2,404
Monthly Loss $2,500
Principal$633
Interest$1,771
Property Tax$354
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%24
Cash-on-Cash
-5.6%2
5-Year IRR
11.3%45
10-Year IRR
11.6%
Returns Index
23.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$33,840/yr
NOI
$21,704/yr
Net Cash Flow
-$595/mo
Cash Margin
-21.1%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7512
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo51
Risk Index
27.1/ 100

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

Comparables

Properties near 352 East 28th Street

Time

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