
70 Gage Avenue, Hamilton
Hamilton
$774,900
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX ESCARPMENT REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
3
Days on Market
2
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,190/mo)
Rent Estimate
Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga
Remarks
Beautifully updated while preserving its original character, this 2.5-storey home offers 4+1 bedrooms, 3 bathrooms, a detached garage, andbeautifully finished living space across four levels. Refinished original hardwood floors, substantial trim, generous principal rooms, and a raredouble staircase showcase the craftsmanship of the home's original design, while thoughtful updates bring comfort and functionality toeveryday living. At the heart of the home is a professionally designed kitchen by Hamilton-based designers. Anchored by a striking arched rangealcove, custom shaker cabinetry, stone countertops, unlacquered brass accents, a generous island, and a 6-burner gas range, it blends timelessdesign with everyday function. A newly added main-floor powder room complements the home's original design while adding modernconvenience. The second floor offers four spacious bedrooms and an updated bathroom, while the finished loft can serve as a fifth bedroom,home office, or studio. The finished lower level features a den, full bathroom, wet bar, separate entrance, and additional finished living space.Outside, the private backyard extends the living space with mature landscaping, driveway parking for three vehicles, a detached garage, and ahot tub, creating an inviting setting for relaxing, entertaining, or simply enjoying time at home. Perfectly positioned just steps from Gage Parkand a short walk to Ottawa Street's cafés, restaurants, boutiques, schools, the Tropical Greenhouse, and everyday amenities, this home offers awalkable lifestyle with some of Hamilton's most beloved destinations just outside your door
MississaugaInvestor.ca
70 Gage Avenue
Detached · 5bd/3ba · ~1,750 sqft
$774,900
Cash-Flow Report · July 31, 2026
Cap Rate
3.41%
Monthly Cash Flow
-$1,367/mo
Estimated Rent
$4,090/mo
Cash-on-Cash
-9.65%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,090 |
| Mortgage | −$3,567 |
| Property Tax | −$814 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$646 |
| Vacancy (5%) | −$205 |
| Cash Flow | -$1,367/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$49,080 |
| Vacancy (5%) | −$2,454 |
| Property Tax | −$9,764 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$7,749 |
| Annual NOI | $26,413 |
| Cap Rate | 3.41% |
Cash Required to Close
| Down Payment (20%) | $154,980 |
| Ontario Land Transfer Tax | $11,973 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $169,953 |
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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