243 Gibson Avenue, Hamilton
Hamilton
$649,999
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by CENTURY 21 HERITAGE GROUP LTD.
Investment Analysis
Key Facts
Type
Duplex
Bedrooms
5
Bathrooms
4
Days on Market
104
Price Drop
7%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
Estimated per-unit rents for duplex based on GTA rental market data
Remarks
Excellent Turnkey Investment Opportunity In The Heart Of Hamilton! This Well-Maintained Duplex Features Four Self-Contained Units, Each Occupying Its Own Level For Maximum Privacy. Offering Three 1-Bedroom Units And One 2-Bedroom Unit, The Property Delivers Excellent Rental Versatility And Strong Income Potential. Functional Layouts With Bright Interiors Throughout. Situated On A Deep 150 Ft Lot, With Convenient Access To Transit, Schools, Parks, And Amenities. Ideal For Investors Or Multi-Generational Living. Recent Upgrades Include Fresh Paint Throughout, Newer Floors In Upper 3 Units, New Kitchen Cabinets In Third Flr Unit (2025), Roof (2018)
MississaugaInvestor.ca
243 Gibson Avenue
Duplex · 5bd/4ba · ~1,750 sqft
$649,999
Cash-Flow Report · August 1, 2026
Cap Rate
5.04%
Monthly Cash Flow
-$262/mo
Estimated Rent
$4,400/mo
Cash-on-Cash
-2.21%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,400 |
| Mortgage | −$2,992 |
| Property Tax | −$683 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$542 |
| Vacancy (5%) | −$220 |
| Cash Flow | -$262/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$52,800 |
| Vacancy (5%) | −$2,640 |
| Property Tax | −$8,190 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$6,500 |
| Annual NOI | $32,770 |
| Cap Rate | 5.04% |
Cash Required to Close
| Down Payment (20%) | $129,999.8 |
| Ontario Land Transfer Tax | $9,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $142,474.8 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.