
156 E 36th Street, Hamilton
Hamilton
$769,900
Cash flow, cap rate & mortgage breakdown
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Listed by RIGHT AT HOME REALTY
Investment Analysis
Key Facts
Type
Duplex
Bedrooms
6
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
LEGAL DUPLEX - FULLY VACANT & TURNKEY! Rare opportunity to own a beautifully upgraded, fully self-contained legal duplex bungalow in a sought-after Hamilton Mountain neighbourhood. Both units have been completely renovated top to bottom, offering true move-in-ready appeal for owner-occupants, multigenerational families, or investors. The main level features a bright, open-concept 3-bedroom, 1-bathroom layout with a stylish quartz island kitchen, luxury vinyl flooring throughout, and its own in-suite laundry (combo washer/dryer). The fully self-contained lower unit mirrors this quality with its own open-concept 3-bedroom, 1-bathroom design, quartz countertop, and luxury vinyl flooring. Each unit is completely independent, with separate hydro meters, separate water meters, and separate hot water tanks, ensuring maximum flexibility and minimal shared costs between units. Estimated rental income of approximately $2,400/month for the main unit and $1,900/month for the lower unit (plus utilities, paid by tenant), for a combined estimated income of approximately $4,300/month. Situated on a 40' x 102' lot with a double-wide driveway for ample parking, this property is ideally located close to schools, parks, transit, and highway access. With both units delivered fully vacant, buyers have complete flexibility to set market rents, live in one unit while renting the other, or optimize the property as a full investment from day one. A rare combination of quality, flexibility, and income potential on Hamilton Mountain.
MississaugaInvestor.ca
156 E 36th Street
Duplex · 6bd/2ba · ~900 sqft
$769,900
Cash-Flow Report · July 31, 2026
Cap Rate
4.5%
Monthly Cash Flow
-$659/mo
Estimated Rent
$4,800/mo
Cash-on-Cash
-4.68%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,800 |
| Mortgage | −$3,544 |
| Property Tax | −$808 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$642 |
| Vacancy (5%) | −$240 |
| Cash Flow | -$659/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$57,600 |
| Vacancy (5%) | −$2,880 |
| Property Tax | −$9,701 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$7,699 |
| Annual NOI | $34,620 |
| Cap Rate | 4.5% |
Cash Required to Close
| Down Payment (20%) | $153,980 |
| Ontario Land Transfer Tax | $11,873 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $168,853 |
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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