9 Spencer Avenue, Hamilton

$569,900
9 Spencer Avenue

$569,900

New
3d
DetachedBungalow

9 Spencer Avenue, Hamilton

Total Monthly Obligation $3,003

HausQ Valuation Report
Beds
2
Baths
1
Park
3
Sqft
700-1100
DOM
3d
Score
20
Yield
5.3%
Cash on Cash
-1.9%
Cap Rate
4.2%
5Y IRR
14.0%
10Y IRR
13.4%
Property Type-Detached
MLS® Number-X14103734
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-40 × 100 ft
Listed on site-Oct 20, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$3,944.77 (2026)
Parking-4 - Detached
Basement-Partial Basement
Heating-Baseboard (Electric)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Wall Unit(s)
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Cootes Paradise
Title-Residential Freehold

No agent assigned

Charming 2 bedroom bungalow in a fantastic location, just a 5-minute walk to the heart of downtown Dundas! Enjoy the best of small town living with unique boutique shopping, cozy cafés, great restaurants and a local art gallery just steps from your door. A short stroll away, Dundas Driving Park, offers something for everyone, including tennis courts, playgrounds and lawn bowling. Tucked away on a quiet street, this delightful home is an ideal opportunity for first time buyers, downsizers or empty nesters looking to enjoy a walkable lifestyle. The private backyard features a lovely patio, perfect for relaxing, entertaining or enjoying your morning coffee, while the detached garage adds extra convenience and storage. A wonderful opportunity to enjoy the charm, community and lifestyle that make Dundas such a special place!

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

Closing Costs

Mortgage Amount
$455,920
Land Transfer Taxes$7,873
Legal Fees (Est.)
$
Total cash required for closing$123,353

Total Monthly Obligation

$3,003/mo
Mortgage $2,299
Monthly Loss $2,398
Principal$605
Interest$1,694
Property Tax$329
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%20
Cash-on-Cash
-7.3%1
5-Year IRR
9.9%35
10-Year IRR
10.5%
Returns Index
18.5/ 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
$30,108/yr
NOI
$18,652/yr
Net Cash Flow
-$744/mo
Cash Margin
-29.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo54
Risk Index
27.1/ 100

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

Comparables

Properties near 9 Spencer Avenue

Time

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Data last updated within the past 24 hours.