929 Upper Ottawa Street, Hamilton
Hamilton
$1,099,999
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX ESCARPMENT REALTY INC.
Investment Analysis
Key Facts
Type
Triplex
Bedrooms
7
Bathrooms
3
Days on Market
2
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
Estimated per-unit rents for triplex based on GTA rental market data
Remarks
INVESTMENT OPPORTUNITY - 929 Upper Ottawa Street, Hamilton. Welcome to 929 Upper OttawaStreet in desirable Hamilton - a fully renovated, income-generating legal triplex in a prime HamiltonMountain location. This turnkey property offers three self-contained legal units, each with privateentrances, delivering privacy, comfort, and strong rental appeal. Every unit has been thoughtfully updatedwith modern finishes, featuring stylish kitchens equipped with stainless steel appliances, sleek cabinetry,and contemporary countertops. Each apartment also includes in-suite laundry with its own washer anddryer - a premium amenity that enhances tenant satisfaction and rental value. Ideal for seasonedinvestors expanding their portfolio or first-time buyers seeking mortgage support through rental income,this property offers excellent cash flow potential and low-maintenance ownership. Conveniently locatedclose to public transit, schools, shopping, parks, and all essential amenities, this is a prime opportunity ina high-demand rental area. All units are currently tenanted, providing immediate, stable income.
MississaugaInvestor.ca
929 Upper Ottawa Street
Triplex · 7bd/3ba · ~1,300 sqft
$1,099,999
Cash-Flow Report · July 31, 2026
Cap Rate
4.13%
Monthly Cash Flow
-$1,280/mo
Estimated Rent
$6,400/mo
Cash-on-Cash
-6.36%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$6,400 |
| Mortgage | −$5,063 |
| Property Tax | −$1,155 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$917 |
| Vacancy (5%) | −$320 |
| Cash Flow | -$1,280/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$76,800 |
| Vacancy (5%) | −$3,840 |
| Property Tax | −$13,860 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$11,000 |
| Annual NOI | $45,400 |
| Cap Rate | 4.13% |
Cash Required to Close
| Down Payment (20%) | $219,999.8 |
| Ontario Land Transfer Tax | $18,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $241,474.8 |
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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