
138 Rendell Boulevard, Hamilton
Hamilton
$824,900
Cash flow, cap rate & mortgage breakdown
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Listed by BRIDGECAN REALTY CORP.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
4
Days on Market
2
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,445/mo)
Rent Estimate
Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga
Remarks
Welcome to this stunning, fully renovated all-brick bungalow in a desirable Hamilton Mountain neighbourhood! This move-in-ready home features 3 spacious bedrooms, 1 full bathroom, and a convenient 2-piece powder room on the main floor. The beautifully finished lower level offers a separate entrance, 2 additional bedrooms, 2 full bathrooms including a private ensuite, a brand-new kitchen, and private laundry. This exceptional in-law suite provides the perfect setup for extended family, multi-generational living, or additional living space and 20/15 Garage space. No detail has been overlooked. Enjoy two brand-new kitchens, four beautifully renovated bathrooms, new flooring throughout, fresh paint, modern pot lighting, and two cozy fireplaces. Both levels feature brand-new stainless steel appliances, creating a truly turnkey home ready for you to move in and enjoy. Additional features include parking for 4 vehicles, a new furnace, and a roof replaced approximately 2 years ago, providing comfort and peace of mind for years to come. Conveniently located close to schools, parks, shopping, public transit, the LINC, and all major amenities, this exceptional property offers the perfect combination of modern finishes, flexible living space, and unbeatable convenience. A rare opportunity to own a beautifully renovated bungalow in a sought-after Hamilton Mountain location!
MississaugaInvestor.ca
138 Rendell Boulevard
Detached · 5bd/4ba · ~900 sqft
$824,900
Cash-Flow Report · July 31, 2026
Cap Rate
3.21%
Monthly Cash Flow
-$1,590/mo
Estimated Rent
$4,195/mo
Cash-on-Cash
-10.54%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,195 |
| Mortgage | −$3,797 |
| Property Tax | −$866 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$687 |
| Vacancy (5%) | −$210 |
| Cash Flow | -$1,590/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$50,340 |
| Vacancy (5%) | −$2,517 |
| Property Tax | −$10,394 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$8,249 |
| Annual NOI | $26,480 |
| Cap Rate | 3.21% |
Cash Required to Close
| Down Payment (20%) | $164,980 |
| Ontario Land Transfer Tax | $12,973 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $180,953 |
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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