
776 Garth Street, Hamilton
Hamilton
$849,000
Cash flow, cap rate & mortgage breakdown
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Listed by REALTY 7 LTD.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
6
Bathrooms
3
Days on Market
2
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,445/mo)
Rent Estimate
Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga
Remarks
Welcome to this extensively updated detached residence in one of Hamilton Mountain's most desirable communities. Professionally renovated with permits, this spacious home offers over 2,455 sq. ft. of finished living space on a generous 40.07 x 100.22 ft lot, blending modern finishes with versatile living arrangements. The bright, open-concept main floor is designed for today's lifestyle and features 4 generously sized bedrooms, hardwood flooring throughout, smooth ceilings, updated interior doors, and three beautifully remodelled bathrooms, two of them fitted with contemporary washer and dryer sets. The stylish eat-in kitchens have been completely redesigned and is equipped with two refrigerators, two microwaves, and a dishwasher, making it ideal for larger families or multi-generational living. The fully finished lower level offers outstanding flexibility with a separate entrance, two additional bedrooms, a full kitchen, and a newly renovated stylish bathroom with washer and dryer units . Whether used as an in-law suite, income-generating rental, or student accommodation, this space provides excellent potential, especially with Mohawk College just minutes away. Step outside to a landscaped backyard featuring fresh sod, updated exterior lighting, and plenty of space to relax or entertain. Major upgrades include a new 200-amp electrical service, modern lighting and pot lights throughout, new staircase, backwater valve, lower-level windows, and freshly painted interior and exterior. Perfectly positioned close to everyday conveniences, this home is within walking distance of Mohawk College, St. Joseph's Healthcare Hamilton, elementary schools, and the Rail Trail. It is also just minutes from Hamilton's renowned waterfalls, the Chedoke Stairs, shopping, dining, and public transit. Across the street are Hillfield Strathallan College (JK-Grade 12) and Westmount Secondary School, making this an exceptional location for families and investors alike.
MississaugaInvestor.ca
776 Garth Street
Detached · 6bd/3ba · ~1,300 sqft
$849,000
Cash-Flow Report · July 31, 2026
Cap Rate
3.39%
Monthly Cash Flow
-$1,509/mo
Estimated Rent
$4,445/mo
Cash-on-Cash
-9.72%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,445 |
| Mortgage | −$3,908 |
| Property Tax | −$891 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$708 |
| Vacancy (5%) | −$222 |
| Cash Flow | -$1,509/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$53,340 |
| Vacancy (5%) | −$2,667 |
| Property Tax | −$10,697 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$8,490 |
| Annual NOI | $28,786 |
| Cap Rate | 3.39% |
Cash Required to Close
| Down Payment (20%) | $169,800 |
| Ontario Land Transfer Tax | $13,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $186,255 |
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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