28 Shadyside Avenue, Hamilton

$499,900
28 Shadyside Avenue

$499,900

New
2d
DetachedBungalow

28 Shadyside Avenue, Hamilton

Total Monthly Obligation $2,739

Beds
4
Baths
2
Park
2
Sqft
700-1100
DOM
2d
Score
25
Yield
6.8%
Cash on Cash
4.0%
Cap Rate
5.4%
5Y IRR
18.8%
10Y IRR
17.2%
Property Type-Detached
MLS® Number-X14104760
Beds-4
Bathrooms-2
Size-700-1100 sqft
Lot Size-53.46 × 75.02 ft
Listed on site-Oct 21, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,173.4 (2026)
Parking-2 - None
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas, Rec Room
Pool-None
Facing-West
Exterior-Stone, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-FLEXIBLE
Neighbourhood-Burkholme
Title-Residential Freehold

No agent assigned

Cherished by the same family for over 60 years, this solid detached home on the Hamilton Mountain offers original character, a corner lot, and plenty of potential in the established Burkhome neighbourhood. A large front porch, shaded by a magnificent mature tree, welcomes you to the property. Inside, stained wood trim installed by the original owner adds character, complemented by classic oak kitchen cabinetry. The main floor features three bedrooms, including one with direct access to the deck, ready for your personal touches. The lower level offers a large family recreation room with a gas fireplace, a 2-piece bathroom, and a flexible fourth bedroom or home office. Outside, enjoy a fully fenced backyard with a separate paved area, two large garden sheds, and a double-wide driveway offering ample parking and storage. Conveniently located on Central Hamilton Mountain, close to schools, shopping, public transit, and everyday amenities, this property presents an opportunity to transform a long-held family home into something truly your own. Bring your vision and explore the potential this property has to offer!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$2,739/mo
Mortgage $2,016
Monthly Loss $2,209
Principal$531
Interest$1,486
Property Tax$348
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.4%31
Cash-on-Cash
-2.2%5
5-Year IRR
14.0%64
10-Year IRR
13.8%
Returns Index
33.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 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
$33,900/yr
NOI
$21,837/yr
Net Cash Flow
-$197/mo
Cash Margin
-7.0%1
Cash Flow Index
1.2/ 100
Risk Profile
Weight: 20%
DSCR
0.9020
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo59
Risk Index
32.5/ 100

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

Comparables

Properties near 28 Shadyside 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.

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Data last updated within the past 24 hours.