
18 Garden Avenue, Hamilton
Hamilton
$1,049,000
Cash flow, cap rate & mortgage breakdown
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Listed by CASORA REALTY INC., Brokerage
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
3
Days on Market
8
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,250/mo
Estimated from market price-to-rent ratios
Remarks
Offering 18 Garden: a stunning and modern 3+1 bed, 3 bath home, sitting on a sweeping and private double-sized 84 x 150 lot. Stepping inside this newly remodeled home, you are greeted with a bright, open, and functional setting. The contained front foyer blocks line-of-sight to the living spaces, so you are not "right into the living room" when you walk in the front door. Proceeding into the open-concept heart of the home, you have the spacious living room (with fireplace), the connected but distinct dining room space, and the show-stopper: the handsomely remodeled kitchen, complete with an 8-foot island that is sure to be the centerpiece of many memories made with family and friends. From the newly painted walls to the beautiful and durable LVP flooring, to the tastefully appointed 2-tone kitchen cabinets, warm colour compliment sample natural light to create a comfortable and welcoming environment. Exhibiting the same quality materials and inviting palette, we have the primary bathroom and 5-piece master ensuite, as well as the 3 bedrooms. In the basement, we have a grand rec room, the 4th bedroom, and3rd full bathroom. Out back (accessible from the rear stairs or dining room sliding doors), is a sweeping and private tree-lined rear yard that has it all: inground pool (with 2023 liner and 2022 pump), concrete patio, deck, ample grassed space, and even a cozy and secluded second deck in the corner of the property. Out front, the clean landscaping and grand front porch give a first impression of quality and care, and the double drive (fits 6 cars) and attached garage offer utility. As appealing as the property itself is the peaceful neighborhood, situated on a quiet interior street, but with immediate access to the 403, and with all amenities nearby along nearby Wilson St and Meadowlands centers.**INTERBOARD LISTING: CORNERSTONE ASSOCIATION OF REALTORS**
MississaugaInvestor.ca
18 Garden Avenue
Detached · 4bd/3ba · ~1,300 sqft
$1,049,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.01%
Monthly Cash Flow
-$3,941/mo
Estimated Rent
$3,250/mo
Cash-on-Cash
-20.54%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,250 |
| Mortgage | −$4,828 |
| Property Tax | −$1,101 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$874 |
| Vacancy (5%) | −$163 |
| Cash Flow | -$3,941/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$39,000 |
| Vacancy (5%) | −$1,950 |
| Property Tax | −$13,217 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$10,490 |
| Annual NOI | $10,643 |
| Cap Rate | 1.01% |
Cash Required to Close
| Down Payment (20%) | $209,800 |
| Ontario Land Transfer Tax | $17,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $230,255 |
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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