294 east 28th Street, Hamilton

$699,900
294 east 28th Street

$699,900

New
2d
Detached1 1/2 Storey

294 east 28th Street, Hamilton

Total Monthly Obligation $3,595

HausQ Valuation Report
Beds
4
Baths
2
Park
4
Sqft
1100-1500
DOM
2d
Score
22
Yield
5.8%
Cash on Cash
0.9%
Cap Rate
4.8%
5Y IRR
16.3%
10Y IRR
15.2%
Property Type-Detached
MLS® Number-X14104054
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-40 × 108 ft
Listed on site-Oct 21, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$4,765.14 (2026)
Parking-4 - None
Basement-Apartment, Finished with Walk-Out, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-ROCK STAR REAL ESTATE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Aluminum Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-immediate
Neighbourhood-Burkholme
Title-Residential Freehold

No agent assigned

RemarksPublic Remarks: LEGAL DUPLEX | BOTH UNITS VACANT | EAST MOUNTAIN Fully renovated from top to bottom, this exceptional 1.5 storey legal duplex combines thoughtful design, quality craftsmanship, and serious versatility. Featuring 3+1 bedrooms, a large sunroom, 2 beautifully finished full bathrooms, and 2 stylish kitchens, this home is ready for its next chapter. Whether you're looking for multi-generational living, a mortgage helper, or a turnkey investment, the possibilities here are hard to ignore. Both units are vacant, giving you the flexibility to move in, rent one or both units, or create a setup that works for your family and financial goals. Set on a deep lot in a desirable, family-friendly East Mountain neighbourhood, with easy access to highways, schools, parks, shopping, and the hospital. Beautifully renovated. Legally duplexed. Completely vacant. Full of opportunity. Come see it for yourself. Your next move may be waiting right here.

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

Closing Costs

Mortgage Amount
$559,920
Land Transfer Taxes$10,473
Legal Fees (Est.)
$
Total cash required for closing$151,953

Total Monthly Obligation

$3,595/mo
Mortgage $2,823
Monthly Loss $2,852
Principal$743
Interest$2,080
Property Tax$397
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.2%3
5-Year IRR
12.3%52
10-Year IRR
12.4%
Returns Index
27.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$40,920/yr
NOI
$27,563/yr
Net Cash Flow
-$526/mo
Cash Margin
-15.4%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.8115
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo43
Risk Index
25.4/ 100

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

Comparables

Properties near 294 east 28th Street

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.