
62 Tuxedo Avenue, Hamilton
Hamilton
$650,000
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by RE/MAX HALLMARK REALTY LTD.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
3
Bathrooms
2
Days on Market
66
Price Drop
7%
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,190/mo)
Rent Estimate
Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga
Remarks
Welcome to 62 Tuxedo Avenue South, a charming home on a desirable corner lot in Hamilton's established Delta neighbourhood. Set on a lovely tree-lined street, this property offers a wonderful blend of character, space, and everyday convenience, with nearby schools, parks, transit, shopping, and local amenities all within easy reach. Inside, you'll find generous principal rooms, classic crown mouldings, and a warm, welcoming atmosphere throughout. The kitchen features a centre island, providing excellent workspace and a natural gathering place for family and friends. With three large bedrooms and two washrooms, the home offers comfortable space for families, professionals, or those looking for room to grow. The lower level features a large recreation room, ideal for movie nights, a playroom, home office, gym, or additional living space. A side entrance as well as a back entrance add convenience and flexibility to the home's layout. Step outside to enjoy a private, fenced backyard complete with an inground pool, perfect for summer entertaining, relaxing weekends, and creating lasting memories. The property also includes a garage and garden shed, offering excellent storage and practical outdoor functionality. Overlooking the pool is a bright and welcoming sunroom, offering the perfect spot for morning coffee, quiet reading, or casual gatherings with views of the backyard. Whether you are hosting family and friends or enjoying a peaceful afternoon at home, this backyard and sunroom combination creates a true indoor-outdoor lifestyle.
MississaugaInvestor.ca
62 Tuxedo Avenue
Detached · 3bd/2ba · ~1,300 sqft
$650,000
Cash-Flow Report · July 31, 2026
Cap Rate
3.36%
Monthly Cash Flow
-$1,174/mo
Estimated Rent
$3,440/mo
Cash-on-Cash
-9.89%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,440 |
| Mortgage | −$2,992 |
| Property Tax | −$683 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$542 |
| Vacancy (5%) | −$172 |
| Cash Flow | -$1,174/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$41,280 |
| Vacancy (5%) | −$2,064 |
| Property Tax | −$8,190 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$6,500 |
| Annual NOI | $21,826 |
| Cap Rate | 3.36% |
Cash Required to Close
| Down Payment (20%) | $130,000 |
| Ontario Land Transfer Tax | $9,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $142,475 |
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.