284 Normanhurst Avenue, Hamilton
Hamilton
$949,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX REAL ESTATE CENTRE INC.
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 (+$1,190/mo)
Rent Estimate
Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga
Remarks
Welcome to 284 Normanhurst. This stunning custom-built two-storey home providing thoughtfully designed living space, featuring 3+1 bedrooms and two full kitchens, making it ideal for multi-generational families. The fully finished basement includes a complete in-law suite, Blending privacy and flexibility for extended family. Step inside to discover high-end finishes throughout, highlighted by granite countertops, modern fixtures, and a layout that blends functionality with style. The main level is bright and inviting, perfect for both everyday living and entertaining. Outside, enjoy a double car attached garage, a concrete driveway, and a beautifully finished concrete patio with Gazebo, your own private outdoor retreat for relaxing or hosting. Located in the desirable Normanhurst neighbourhood, this home delivers convenience, quality, and exceptional value all in one
MississaugaInvestor.ca
284 Normanhurst Avenue
Detached · 5bd/4ba · ~2,250 sqft
$949,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.37%
Monthly Cash Flow
-$2,495/mo
Estimated Rent
$4,090/mo
Cash-on-Cash
-14.38%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,090 |
| Mortgage | −$4,368 |
| Property Tax | −$996 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$791 |
| Vacancy (5%) | −$205 |
| Cash Flow | -$2,495/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$49,080 |
| Vacancy (5%) | −$2,454 |
| Property Tax | −$11,957 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$9,490 |
| Annual NOI | $22,479 |
| Cap Rate | 2.37% |
Cash Required to Close
| Down Payment (20%) | $189,800 |
| Ontario Land Transfer Tax | $15,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $208,255 |
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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