
2 Maitland Avenue, Hamilton
Hamilton
$725,000
Cash flow, cap rate & mortgage breakdown
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Listed by SUTTON GROUP KINGS CROSS INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
2
Days on Market
17
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,900/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to 2 Maitland Ave- A Beautifully Renovated Family Home on a Premium Corner Lot! Pride of ownership is evident throughout this meticulously maintained 3-bedroom, 2-bathroomside-split, ideally situated on a spacious corner lot in the highly desirable Greeningdon neighbourhood. Approximately five years ago, the home underwent an extensive renovation withover $75,000 invested in thoughtful upgrades designed for modern family living.The main and upper levels feature updated flooring throughout, fresh paint from top to bottom,and a bright, welcoming interior. The kitchen offers excellent functionality with direct access to the private backyard, making indoor-outdoor entertaining effortless. The lower level has been completely transformed. What was once an enclosed basement has been opened up to create a spacious and versatile living area while still accommodating an additional bedroom, ideal for growing families, guests, or a home office. Major updates completed approximately five years ago include: New flooring throughout the home, fresh interior paint throughout, renovated and reconfigured basement with an open-concept layout, new front entry door, new rear doors, all new door hardware and locks on the front and rear entrances. Step outside to your fully fenced backyard oasis featuring an above-ground pool, perfect for summer gatherings, children's play, or simply relaxing outdoors. Located close to schools, parks, shopping, public transit, LINC access, Mohawk College, and all major amenities, this move-in-ready home combines quality renovations with an unbeatable location. A fantastic opportunity for families looking for a home that has been lovingly updated and exceptionally well cared for.
MississaugaInvestor.ca
2 Maitland Avenue
Detached · 4bd/2ba · ~1,300 sqft
$725,000
Cash-Flow Report · August 3, 2026
Cap Rate
1.93%
Monthly Cash Flow
-$2,172/mo
Estimated Rent
$2,900/mo
Cash-on-Cash
-16.4%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,900 |
| Mortgage | −$3,337 |
| Property Tax | −$761 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$604 |
| Vacancy (5%) | −$145 |
| Cash Flow | -$2,172/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$34,800 |
| Vacancy (5%) | −$1,740 |
| Property Tax | −$9,135 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$7,250 |
| Annual NOI | $13,975 |
| Cap Rate | 1.93% |
Cash Required to Close
| Down Payment (20%) | $145,000 |
| Ontario Land Transfer Tax | $10,975 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $158,975 |
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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