
216 Maplewood Avenue, Hamilton
Hamilton
$749,000
Cash flow, cap rate & mortgage breakdown
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Listed by Royal LePage Meadowtowne Realty Inc., Brokerage
Investment Analysis
Key Facts
Type
Detached
Bedrooms
3
Bathrooms
2
Days on Market
59
Price Drop
None
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
Charming century home in the sought-after, child friendly, historical Blakely/St Clair neighborhood. Passed down within the same family for generations, with just one additional owner over time. Steps to Gage Park with its bandshell, playgrounds, Botanical garden & nature walking trails. Enjoy nearby access to the Bernie Morelli Recreation Centre, featuring indoor pool, pickleball courts, outdoor skating rink, & kid/family programs. Stroll the trendy shops & cafes of Ottawa Street North. Exterior features double car driveway for two vehicles side to side & a covered front porch, perfect for relaxing. The private Backyard is beautifully landscaped with trees, perennials & a new large deck. A separate side entrance to basement from the side of the house can accommodate an in-law suite or income property. The main floor offers an open & inviting living room with space for an 80-inch TV, along with a dining area set beneath a chandelier, perfect for candlelit dinners. Large windows fill the space with natural light, while pot lights illuminate the room by night. A renovated kitchen is designed for the chef at heart, featuring a breakfast bar, newer appliance & generous quartz countertops. It seamlessly opens to a family room or eating area with French doors leading to a patio that is perfect for entertaining. This level also includes a convenient two-piece bathroom & a unique hidden closet concealed behind a bookshelf. Upstairs, there are 3 spacious bedrooms & a renovated 4pc bathroom. Primary bedroom has floor to ceiling closet, while the third bedroom offers a rare roof top terrace. Upgrades include: 9' ceilings, New Sewer Back Up Pipe Replacement 2026; Windows (4 yrs); Patio (1 yr); Patio door (2 yrs); Roof (7-10 yrs); A/C (7 yrs); kitchen (1 yr); Appliances (2 yrs); Bathrooms (5 yrs); Newer flooring, Light fixtures, Paint; Nest doorbell & thermostat. (all ages are approximate) This property blends old charm with urban conveniences. Move in ready & waiting of you
MississaugaInvestor.ca
216 Maplewood Avenue
Detached · 3bd/2ba · ~1,300 sqft
$749,000
Cash-Flow Report · August 1, 2026
Cap Rate
2.77%
Monthly Cash Flow
-$1,720/mo
Estimated Rent
$3,540/mo
Cash-on-Cash
-12.57%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,540 |
| Mortgage | −$3,448 |
| Property Tax | −$786 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$624 |
| Vacancy (5%) | −$177 |
| Cash Flow | -$1,720/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$42,480 |
| Vacancy (5%) | −$2,124 |
| Property Tax | −$9,437 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$7,490 |
| Annual NOI | $20,729 |
| Cap Rate | 2.77% |
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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