
312 East 12th Street, Hamilton
Hamilton
$649,900
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by ROYAL LEPAGE STATE REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
8
Bathrooms
3
Days on Market
2
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$3,050/mo
Estimated from market price-to-rent ratios
Remarks
Expansive 2.5-stry home in need of 'TLC' situated on a rare 75' x 108' property w/ 6+2 bdrms, 3 bathroms & 3 kitchens in Hamilton's desirable Hill Park neighbourhood - a community celebrated for its family-friendly atmosphere & unbeatable convenience on the Hamilton Mountain. This substantial residence offers 2573 sq ft above grade & exceptional versatility - ideal for large families, multi-generational living, or other opportunities. A charming covered front porch & updated front door open into a spacious foyer that sets the tone for the generous interior. The main lvl feat a bright liv rm w/ elegant cove ceil, a formal din rm perfect for gatherings, a multi-purpose den/flex space, & a well-sized kitch w/ sliding doors to the rear yard. Surfaced parking for 2 vehicles & an attached 1 car grg w/ convenient inside entry. The 2nd lvl offers 5 bdrms & a 4-pc bath. The 3rd lvl enhances the home's functionality with its own kitchen, dining area, bathroom, and bedroom. The f-fin bsmt continues the theme of space & potential, featuring a 3rd kitch, rec rm, 2 additional bdrms, a 3-pc bath, laundry, storage/utility space & more. Key updates incl lower roof shingles replaced in '25, upper roof shingles replaced in '15, & an updated furnace. Living in Hill Park means enjoying close proximity to excellent schools, parks, and recreation facilities. Everyday amenities, shopping, & dining are minutes away along Concession Street. Quick access to the LINC & major routes ensures an easy commute throughout Hamilton and beyond. A rare opportunity to secure significant square footage on a very large lot, flexibility, and location in one of Hamilton Mountain's most sought-after neighbourhoods.
MississaugaInvestor.ca
312 East 12th Street
Detached · 8bd/3ba · ~2,750 sqft
$649,900
Cash-Flow Report · July 31, 2026
Cap Rate
2.67%
Monthly Cash Flow
-$1,543/mo
Estimated Rent
$3,050/mo
Cash-on-Cash
-13%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,050 |
| Mortgage | −$2,991 |
| Property Tax | −$682 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$542 |
| Vacancy (5%) | −$153 |
| Cash Flow | -$1,543/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$36,600 |
| Vacancy (5%) | −$1,830 |
| Property Tax | −$8,189 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$6,499 |
| Annual NOI | $17,382 |
| Cap Rate | 2.67% |
Cash Required to Close
| Down Payment (20%) | $129,980 |
| Ontario Land Transfer Tax | $9,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $142,453 |
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
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.