
394 Charlton Avenue, Hamilton
Hamilton
$899,900
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE STATE REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
3
Bathrooms
2
Days on Market
7
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,800/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to 394 Charlton Avenue W., where timeless character meets one of Hamilton's most coveted neighbourhoods. Nestled in the heart of Kirkendall, just steps from the vibrant boutiques, cafes, restaurants, & community atmosphere of Locke Street South, this distinguished 2 & a half storey residence captures the charm of a bygone era while embracing thoughtful modern style. Walk to parks, top-rated schools, scenic trails, the Hamilton GO Centre, St. Joseph's Healthcare, & Chedoke Golf Club, while enjoying convenient access to McMaster University & the 403 for effortless commuting. Rich in original craftsmanship, the home showcases beautifully inlaid hardwood flooring, elegant wood trim, deep baseboards, & a stunning oak staircase that reflect the quality & character of its heritage. The welcoming front sunroom leads into gracious principal rooms, including a formal living room centred around a decorative fireplace & an elegant dining room complete with a classic recessed buffet niche. The thoughtfully renovated kitchen(2018) blends timeless style with everyday functionality, featuring quartz countertops, custom cabinetry, a centre island, exposed wood beam accents, & stainless-steel appliances. Upstairs, you'll find three spacious bedrooms & beautiful four-piece bathroom, while the finished third-floor loft creates a versatile retreat ideal as a primary suite, home office, family room, or creative studio. The unfinished lower level provides exceptional storage, workshop space, & future development potential, complete with a 3-piece bathroom. Enjoy the private, fully fenced backyard, perfect for relaxing, entertaining, or gardening, with the added benefit of two-car rear alley parking plus additional street parking. Set within one of Hamilton's most desirable historic communities, this is a rare opportunity to own a home where enduring architectural beauty, modern comfort, & an exceptional walkable lifestyle come together in perfect harmony.
MississaugaInvestor.ca
394 Charlton Avenue
Detached · 3bd/2ba · ~1,300 sqft
$899,900
Cash-Flow Report · July 31, 2026
Cap Rate
0.99%
Monthly Cash Flow
-$3,402/mo
Estimated Rent
$2,800/mo
Cash-on-Cash
-20.68%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,800 |
| Mortgage | −$4,142 |
| Property Tax | −$945 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$750 |
| Vacancy (5%) | −$140 |
| Cash Flow | -$3,402/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$33,600 |
| Vacancy (5%) | −$1,680 |
| Property Tax | −$11,339 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$8,999 |
| Annual NOI | $8,882 |
| Cap Rate | 0.99% |
Cash Required to Close
| Down Payment (20%) | $179,980 |
| Ontario Land Transfer Tax | $14,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $197,453 |
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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