208 West 19th Street, Hamilton
Hamilton
$660,000
Cash flow, cap rate & mortgage breakdown
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Listed by EXP REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
3
Bathrooms
2
Days on Market
4
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
Welcome to 208 West 19th Avenue, a beautifully situated home in Hamilton's sought-after West Mountain neighborhood. This versatile property offers strong potential for a duplex conversion-an excellent opportunity for rental income, multi-generational living, or an income-supplemented mortgage. A detached garage adds everyday convenience with secure parking and additional storage, while a separate side entrance offers flexible access to the lower level. The layout presents exciting possibilities for investors and homeowners alike. Set in one of Hamilton's most desirable West Mountain locales, this home places you close to parks, schools, shopping, and quick access to major routes. Whether you're seeking a smart investment opportunity or a home with room to grow, this property delivers flexibility and value in a prime location.
MississaugaInvestor.ca
208 West 19th Street
Detached · 3bd/2ba · ~900 sqft
$660,000
Cash-Flow Report · July 31, 2026
Cap Rate
3.27%
Monthly Cash Flow
-$1,238/mo
Estimated Rent
$3,440/mo
Cash-on-Cash
-10.27%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,440 |
| Mortgage | −$3,038 |
| Property Tax | −$693 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$550 |
| Vacancy (5%) | −$172 |
| Cash Flow | -$1,238/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$41,280 |
| Vacancy (5%) | −$2,064 |
| Property Tax | −$8,316 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$6,600 |
| Annual NOI | $21,600 |
| Cap Rate | 3.27% |
Cash Required to Close
| Down Payment (20%) | $132,000 |
| Ontario Land Transfer Tax | $9,675 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $144,675 |
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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