87 Radford Street, Hamilton
Hamilton
$749,000
Cash flow, cap rate & mortgage breakdown
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Listed by RIGHT AT HOME REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
2
Days on Market
90
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,445/mo)
Rent Estimate
Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga
Remarks
Beautifully Renovated 3+2 Bedroom Corner-Lot Home In Highly Desirable Ainslie Wood, Just Minutes From McMaster University (2 minutes walk to bus stop, and 6 minutes bus-ride), McMaster Hospital, Innovation Park, Westdale Village, Transit, Shopping And Major Highways. Bright And Inviting, This Move-In Ready Home Features Large Windows, Pot Lights, Updated Flooring Throughout, A Main-Floor Bedroom And Convenient Main-Floor Laundry. The Upper Level Offers Two Generous Bedrooms, While The Fully Finished Basement With Separate Entrance, Two Additional Bedrooms, Kitchenette, 3-Piece Bath And Separate Laundry Provides Exceptional Flexibility For Extended Family, Guests, Home Office Space Or Multi-Generational Living. Private Driveway Parking For Up To Three Vehicles. Vacant - immediate possession available! Ideal For Families, Parents Of McMaster Students, First-Time Buyers Or Investors Seeking A Well-Located Property In One Of Hamilton's Most Established And Convenient Neighbourhoods.
MississaugaInvestor.ca
87 Radford Street
Detached · 5bd/2ba · ~1,300 sqft
$749,000
Cash-Flow Report · August 2, 2026
Cap Rate
3.61%
Monthly Cash Flow
-$1,193/mo
Estimated Rent
$4,095/mo
Cash-on-Cash
-8.72%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,095 |
| Mortgage | −$3,448 |
| Property Tax | −$786 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$624 |
| Vacancy (5%) | −$205 |
| Cash Flow | -$1,193/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$49,140 |
| Vacancy (5%) | −$2,457 |
| Property Tax | −$9,437 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$7,490 |
| Annual NOI | $27,056 |
| Cap Rate | 3.61% |
Cash Required to Close
| Down Payment (20%) | $149,800 |
| Ontario Land Transfer Tax | $11,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $164,255 |
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
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