180 WEST Avenue, Hamilton
Hamilton
$424,900
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX ESCARPMENT REALTY INC.
Investment Analysis
Key Facts
Type
Att/Row/Townhouse
Bedrooms
2
Bathrooms
1
Days on Market
3
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,850/mo
Estimated from market price-to-rent ratios
Remarks
First-Time Buyer Opportunity. Walkable Urban Living in Beasley. Two bedrooms plus den, one bathroom, and a practical layout that checks the boxes: in-suite laundry, central air, gas heating, private fenced yard, two parking spaces. The real asset is location. Six-minute walk to Hamilton General Hospital. Steps to Locke Street's shops, restaurants, and cafes. Walking distance to downtown, parks, and transit. This is the lifestyle first-time buyers want: walkable neighbourhood, established community, convenience built in. Priced right for entry into one of Hamilton's most desirable and accessible neighbourhoods.
MississaugaInvestor.ca
180 WEST Avenue
Att/Row/Townhouse · 2bd/1ba · ~900 sqft
$424,900
Cash-Flow Report · July 31, 2026
Cap Rate
2.07%
Monthly Cash Flow
-$1,224/mo
Estimated Rent
$1,850/mo
Cash-on-Cash
-15.8%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,850 |
| Mortgage | −$1,956 |
| Property Tax | −$446 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$354 |
| Vacancy (5%) | −$93 |
| Cash Flow | -$1,224/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$22,200 |
| Vacancy (5%) | −$1,110 |
| Property Tax | −$5,354 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$4,249 |
| Annual NOI | $8,787 |
| Cap Rate | 2.07% |
Cash Required to Close
| Down Payment (20%) | $84,980 |
| Ontario Land Transfer Tax | $4,973 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $92,953 |
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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