
54 Frederick Avenue, Hamilton
Hamilton
$854,999
Cash flow, cap rate & mortgage breakdown
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Listed by EXP REALTY
Investment Analysis
Key Facts
Type
Triplex
Bedrooms
6
Bathrooms
3
Days on Market
3
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
Estimated per-unit rents for triplex based on GTA rental market data
Remarks
Unique Legal Triplex with Future Growth Potential! Looking to add a solid income property to your portfolio? Seller Financing Available* This legal triplex offers three self-contained, above-grade units with private entrances and the potential to add a fourth unit (Accessory Dwelling Unit), subject to City approvals and setback requirements.The spacious main floor unit features three bedrooms plus a den that could easily serve as a fourth bedroom, along with a full kitchen and bright living room-perfect for an owner-occupier or premium rental income.A second separate one-bedroom apartment on the main floor offers a functional layout with its own kitchen and living room, while the upper-level one-bedroom suite includes a separate den/home office, kitchen, living room and 3-piece bath. Common shared laundry. Two of the units are vacant, providing an excellent opportunity to set market rents or live in one unit while generating rental income from the others. Walking distance to Ottawa St, close to downtown Hamilton, transit, shopping, schools, hospitals and major commuter routes, this property offers immediate income today with excellent upside potential for tomorrow.Whether you're a seasoned investor or buying your first income property, this is an opportunity worth exploring.
MississaugaInvestor.ca
54 Frederick Avenue
Triplex · 6bd/3ba · ~2,250 sqft
$854,999
Cash-Flow Report · July 31, 2026
Cap Rate
5.42%
Monthly Cash Flow
-$70/mo
Estimated Rent
$6,000/mo
Cash-on-Cash
-0.45%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$6,000 |
| Mortgage | −$3,935 |
| Property Tax | −$898 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$712 |
| Vacancy (5%) | −$300 |
| Cash Flow | -$70/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$72,000 |
| Vacancy (5%) | −$3,600 |
| Property Tax | −$10,773 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$8,550 |
| Annual NOI | $46,377 |
| Cap Rate | 5.42% |
Cash Required to Close
| Down Payment (20%) | $170,999.8 |
| Ontario Land Transfer Tax | $13,575 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $187,574.8 |
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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