
1819 Main Street, Hamilton
Hamilton
$399,000
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
2
Days on Market
9
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
Attention Builders, Renovators, and Flippers! This detached 3+1 bedroom, 2 bathroom home is a true blank slate, ready for your vision and creativity. Whether you're planning a full renovation, custom rebuild, or investment project, the possibilities are endless. A major bonus is the renovated basement apartment with a separate entrance, allowing you to live comfortably while renovating the upper level, generate rental income, or accommodate extended family.Adding even more value, the property features C5 zoning, which generally permits commercial or mixed-use development, offering excellent flexibility and future potential for a variety of uses (buyers are advised to verify permitted uses with the municipality).Perfect for first-time buyers looking to build equity, investors seeking strong income potential, or multi-generational families wanting flexible living arrangements. Ideally situated close to public transit, major highways, shopping, schools, parks, and all everyday amenities, this is an exceptional opportunity to create something truly special in a highly convenient location.
MississaugaInvestor.ca
1819 Main Street
Detached · 4bd/2ba · ~1,300 sqft
$399,000
Cash-Flow Report · August 1, 2026
Cap Rate
6.61%
Monthly Cash Flow
+$359/mo
Estimated Rent
$3,340/mo
Cash-on-Cash
4.94%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,340 |
| Mortgage | −$1,837 |
| Property Tax | −$419 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$333 |
| Vacancy (5%) | −$167 |
| Cash Flow | +$359/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$40,080 |
| Vacancy (5%) | −$2,004 |
| Property Tax | −$5,027 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$3,990 |
| Annual NOI | $26,359 |
| Cap Rate | 6.61% |
Cash Required to Close
| Down Payment (20%) | $79,800 |
| Ontario Land Transfer Tax | $4,460 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $87,260 |
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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