
123 Crosthwaite Avenue, Hamilton
Hamilton
$449,900
Cash flow, cap rate & mortgage breakdown
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Listed by RIGHT AT HOME REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
3
Bathrooms
2
Days on Market
18
Price Drop
8%
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 123 Crosthwaite Avenue North, a charming detached home nestled in Hamilton's sought-after Homeside neighbourhood. Offering 2+1 bedrooms and 2 full bathrooms, this inviting property combines character, flexibility, and convenience, making it an excellent choice for families, first-time buyers, or investors.The versatile layout includes in-law suite potential, providing an ideal setup for extended family, guests, or additional living space. Outside, you'll find a private driveway, a fully fenced yard, and a beautiful mature lot that offers privacy and room to relax, entertain, or garden.Perfectly situated just steps from the vibrant shops, restaurants, cafés, and markets along Ottawa Street, you'll love having one of Hamilton's most beloved destinations right at your doorstep. Enjoy being just minutes from Gage Park, schools, parks, and major transit routes, making commuting and everyday errands effortless.Families will appreciate the excellent selection of Public, Catholic, and French Immersion schools within the immediate area, all part of a welcoming, well-connected community known for its strong neighbourhood spirit.Whether you're looking for a place to call home or a property with multi-generational living potential, this Homeside gem offers exceptional value in one of Hamilton's most convenient and community-focused locations.
MississaugaInvestor.ca
123 Crosthwaite Avenue
Detached · 3bd/2ba · ~900 sqft
$449,900
Cash-Flow Report · July 31, 2026
Cap Rate
5.1%
Monthly Cash Flow
-$160/mo
Estimated Rent
$3,140/mo
Cash-on-Cash
-1.95%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,140 |
| Mortgage | −$2,071 |
| Property Tax | −$472 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$375 |
| Vacancy (5%) | −$157 |
| Cash Flow | -$160/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$37,680 |
| Vacancy (5%) | −$1,884 |
| Property Tax | −$5,669 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$4,499 |
| Annual NOI | $22,928 |
| Cap Rate | 5.1% |
Cash Required to Close
| Down Payment (20%) | $89,980 |
| Ontario Land Transfer Tax | $5,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $98,453 |
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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