968 MAIN Street, Hamilton
Hamilton
$849,999
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX ESCARPMENT REALTY INC.
Investment Analysis
Key Facts
Type
Multiplex
Bedrooms
5
Bathrooms
4
Days on Market
10
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
Estimated per-unit rents for multiplex based on GTA rental market data
Remarks
Attention Investors! Exceptional mixed-use opportunity in a high-visibility Hamilton location. This property features 4 self-contained units, including 1 commercial unit and 3 residential units, offering excellent income potential. The building is equipped with separate hydrometers and separate water shut-offs for added convenience and management efficiency. A detached garage and storage shed, both with hydro, provide additional functionality and storage options. Parking includes 2 spaces at the front and 2 spaces at the rear of the property. A street-facing sign connected to hydro offers valuable advertising exposure along busy Main Street East, enhancing visibility for commercial occupants. Being sold with vacant possession, providing the opportunity for a purchaser to establish future tenancies and rental rates. Conveniently located near transit, amenities, and major commuter routes. A versatile addition to any investment portfolio.
MississaugaInvestor.ca
968 MAIN Street
Multiplex · 5bd/4ba · ~2,750 sqft
$849,999
Cash-Flow Report · July 31, 2026
Cap Rate
6.54%
Monthly Cash Flow
+$722/mo
Estimated Rent
$6,800/mo
Cash-on-Cash
4.65%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$6,800 |
| Mortgage | −$3,912 |
| Property Tax | −$893 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$708 |
| Vacancy (5%) | −$340 |
| Cash Flow | +$722/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$81,600 |
| Vacancy (5%) | −$4,080 |
| Property Tax | −$10,710 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$8,500 |
| Annual NOI | $55,610 |
| Cap Rate | 6.54% |
Cash Required to Close
| Down Payment (20%) | $169,999.8 |
| Ontario Land Transfer Tax | $13,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $186,474.8 |
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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