149 LOTTRIDGE Street, Hamilton
Hamilton
$399,900
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX ESCARPMENT REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
3
Bathrooms
2
Days on Market
2
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Legal Suite (+$1,400/mo)
Rent Estimate
Estimated from market price-to-rent ratios
Remarks
Solid, detached brick family home in the active Gibson/Stipley neighbourhood is just steps from schools, TiCat Stadium, and transport options. In an area teeming with development, this home is totally turnkey. Enjoy peace of mind with updated windows, furnace, AC, roof and an owned water heater. Finished in durable luxury vinyl, the main floor has an open concept flow into a chef's kitchen with cathedral ceilings and brick statement wall. All new appliances including main level laundry, and backyard access! The bright main level also features a mindful powder room and access to the unfinished basement. Upstairs, 2 generous bedrooms including a primary with double door closet. Upgraded bath with stone vanity and white tile, easy to decorate! A true outlier, the third bedroom in this level serves as an office with access to the sprawling, finished third floor. Fenced yard, covered front porch, fantastic price!
MississaugaInvestor.ca
149 LOTTRIDGE Street
Detached · 3bd/2ba · ~900 sqft
$399,900
Cash-Flow Report · July 31, 2026
Cap Rate
6.47%
Monthly Cash Flow
+$316/mo
Estimated Rent
$3,300/mo
Cash-on-Cash
4.34%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,300 |
| Mortgage | −$1,841 |
| Property Tax | −$420 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$333 |
| Vacancy (5%) | −$165 |
| Cash Flow | +$316/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$39,600 |
| Vacancy (5%) | −$1,980 |
| Property Tax | −$5,039 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$3,999 |
| Annual NOI | $25,882 |
| Cap Rate | 6.47% |
Cash Required to Close
| Down Payment (20%) | $79,980 |
| Ontario Land Transfer Tax | $4,474 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $87,454 |
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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