84 Elgar Avenue, Hamilton

$769,900
84 Elgar Avenue

$769,900

New
2d
DetachedBungalow-Raised

84 Elgar Avenue, Hamilton

Total Monthly Obligation $3,927

HausQ Valuation Report
Beds
5
Baths
2
Park
4
Sqft
700-1100
DOM
2d
Score
20
Yield
5.5%
Cash on Cash
-0.7%
Cap Rate
4.4%
5Y IRR
15.0%
10Y IRR
14.1%
Property Type-Detached
MLS® Number-X14103562
Beds-5
Bathrooms-2
Size-700-1100 sqft
Lot Size-64.99 × 115.04 ft
Listed on site-Oct 21, 2026
Style-Bungalow-Raised
Building Type-Detached
Age-51-99
Taxes-$5,355 (2026)
Parking-6 - Attached
Basement-Finished, Full, Separate Entrance, Walk-Up
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Aluminum Siding
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Rolston
Title-Residential Freehold

No agent assigned

Welcome to your future home. This fully renovated raised bungalow with a two-car garage offers the flexibility today's buyers want. The bright main level features three generous bedrooms, an updated full bathroom and modern finishes throughout, plus its own laundry for everyday convenience! Downstairs, a legally permitted two-bedroom, one-bathroom income suite has a private entrance, separate laundry and direct access to the backyard. It's ideal for rental income, multi-generational living or a mortgage helper. Every detail has been thoughtfully refreshed, so you can simply move in and enjoy. Key updates include a new roof (2024) and new windows (2026) for added peace of mind. Whether you're an investor seeking a turnkey opportunity or a homeowner looking to offset costs, this home checks every box. This is your chance to own a legal two-unit property with style, function and long-term value. RSA.

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

Closing Costs

Mortgage Amount
$615,920
Land Transfer Taxes$11,873
Legal Fees (Est.)
$
Total cash required for closing$167,353

Total Monthly Obligation

$3,927/mo
Mortgage $3,106
Monthly Loss $3,110
Principal$817
Interest$2,288
Property Tax$446
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.5%2
5-Year IRR
11.3%45
10-Year IRR
11.6%
Returns Index
23.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$42,204/yr
NOI
$28,129/yr
Net Cash Flow
-$762/mo
Cash Margin
-21.7%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7512
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo39
Risk Index
23.1/ 100

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

Comparables

Properties near 84 Elgar 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.

Data is provided courtesy of PropTx.

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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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Data last updated within the past 24 hours.