
170 Kensington Avenue, Hamilton
Hamilton
$649,900
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX ESCARPMENT REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
3
Bathrooms
1
Days on Market
57
Price Drop
4%
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 Gage Park gem nestled at the base of the Hamilton Mountain, just steps from one of the city's most beloved parks. This character-filled home combines timeless charm, thoughtful updates and an unbeatable location. The welcoming main floor features a spacious foyer, a charming living room filled with character and a generous dining room that flows seamlessly for everyday living and entertaining. Original hardwood flooring with classic inlaid detailing adds warmth and charm throughout much of the home. Just off the dining area, the kitchen has been lovingly updated with crisp white cabinetry, matching white appliances, stone countertops and an elegant backsplash, creating a bright and inviting space that is both stylish and functional. Upstairs, you'll find three spacious bedrooms and an updated four-piece bathroom, offering comfortable accommodations for families, guests or a home office setup. Enjoy quiet mornings on the inviting front porch and summer gatherings on the generous back deck overlooking the fully fenced backyard that is ideal for children and pets. The fully waterproofed basement, complete with a separate side entrance, provides excellent potential for an in-law suite, recreation room, home gym or additional living space. Conveniently located near Gage Park, schools, trails, transit and the vibrant shops, cafés and restaurants of Ottawa Street. A wonderful opportunity to own in one of Hamilton's most sought-after neighbourhoods.RSA.
MississaugaInvestor.ca
170 Kensington Avenue
Detached · 3bd/1ba · ~1,300 sqft
$649,900
Cash-Flow Report · July 31, 2026
Cap Rate
3.36%
Monthly Cash Flow
-$1,172/mo
Estimated Rent
$3,440/mo
Cash-on-Cash
-9.87%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,440 |
| Mortgage | −$2,991 |
| Property Tax | −$682 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$542 |
| Vacancy (5%) | −$172 |
| Cash Flow | -$1,172/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$41,280 |
| Vacancy (5%) | −$2,064 |
| Property Tax | −$8,189 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$6,499 |
| Annual NOI | $21,828 |
| Cap Rate | 3.36% |
Cash Required to Close
| Down Payment (20%) | $129,980 |
| Ontario Land Transfer Tax | $9,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $142,453 |
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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