
233 Fruitland Road, Hamilton
Hamilton
$719,000
Cash flow, cap rate & mortgage breakdown
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Listed by PG DIRECT REALTY LTD.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
2
Days on Market
3
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
Visit REALTOR website for additional information. The property is on Fruitland Rd in Stoney Creek good location for an owner/family operated small business in retail, professional services, health, beauty, child care tutoring, repair, hospitality and many more. Last businesses were RMT office- Mini Rehab clinic and car tire changes. Parking for 5-6 cars are available. Located on a busy road with direct access to QEW and HWY8. It is a two floor bright house on 6000sqft lot has 4bdr or 3 bdr+ office, livingroom,2 full bath with shower or single jacuzzi tub,, huge kitchen area, 1800 sqft living space gas fire place , two bedrooms with french balcony by sliding door , living room with walkout balcony, single oversized garage, laundry room, Backyard has patio with pergola with strait walkout from the kitchen, a shed 10x10 ft, vegetable garden and stillroom for a pool. Ideal set up, front of the home for business and the back for family life. Dream to live and work on your own and on business expense. Greatly balance time between work, life and family. Walking to school ,soccer club , hockey arena and park 5 min drive to Marina . Ideal spot for business oriented residential owner. There is space to grow inside/outside .
MississaugaInvestor.ca
233 Fruitland Road
Detached · 4bd/2ba · ~1,300 sqft
$719,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.96%
Monthly Cash Flow
-$2,133/mo
Estimated Rent
$2,900/mo
Cash-on-Cash
-16.24%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,900 |
| Mortgage | −$3,309 |
| Property Tax | −$755 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$599 |
| Vacancy (5%) | −$145 |
| Cash Flow | -$2,133/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$34,800 |
| Vacancy (5%) | −$1,740 |
| Property Tax | −$9,059 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$7,190 |
| Annual NOI | $14,111 |
| Cap Rate | 1.96% |
Cash Required to Close
| Down Payment (20%) | $143,800 |
| Ontario Land Transfer Tax | $10,855 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $157,655 |
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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