
219 AVONDALE Street, Hamilton
Hamilton
$469,900
Cash flow, cap rate & mortgage breakdown
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Listed by KELLER WILLIAMS COMPLETE REALTY
Investment Analysis
Key Facts
Type
Duplex
Bedrooms
3
Bathrooms
2
Days on Market
2
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
Estimated per-unit rents for duplex based on GTA rental market data
Remarks
219 Avondale Street is a detached, two unit house with many big tickets updates done over the last couple of years. The covered front porch leads to a functional shared foyer for both the main floor and upstairs apartments. On the main floor is a bright open concept bachelor that could so easily be turned back into a "one bedroom" flat. Some features of the main floor are: an oversized kitchen island, a mud room beside the back door, and lots of natural light. Upstairs there is a completely separate two bedroom unit with a large kitchen and impressive amount of storage. The living room of the upstairs apartment gets beautiful light and has a dedicated space for an office or small dining table. The basement is unfinished but has been waterproofed by previous owner, is an impressive 6ft+, and has a walk-up to the backyard. There is a parking spot available from accessing the alley. This is a perfect live-in and rent out scenario for a buyer looking to get into the market or as a hands-off investment with opportunity to grow. Make an appointment to see this house for yourself- at this price it will not last long!
MississaugaInvestor.ca
219 AVONDALE Street
Duplex · 3bd/2ba · ~1,750 sqft
$469,900
Cash-Flow Report · July 31, 2026
Cap Rate
5.9%
Monthly Cash Flow
+$147/mo
Estimated Rent
$3,600/mo
Cash-on-Cash
1.72%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,600 |
| Mortgage | −$2,163 |
| Property Tax | −$493 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$392 |
| Vacancy (5%) | −$180 |
| Cash Flow | +$147/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$43,200 |
| Vacancy (5%) | −$2,160 |
| Property Tax | −$5,921 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$4,699 |
| Annual NOI | $27,720 |
| Cap Rate | 5.9% |
Cash Required to Close
| Down Payment (20%) | $93,980 |
| Ontario Land Transfer Tax | $5,873 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $102,853 |
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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