139 Glassco Avenue, Hamilton
Hamilton
$435,000
Cash flow, cap rate & mortgage breakdown
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Listed by EXP REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
1
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,600/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to 139 Glassco Avenue North, a charming and well maintained home in Hamilton's desirable east end. Perfect for first time buyers, this inviting property offers a fantastic opportunity to step into homeownership while enjoying a convenient location close to everyday amenities. Situated on a generous sized lot, there's plenty of outdoor space to relax, entertain, or create the backyard you've always envisioned. Inside, you'll find a home that has been lovingly cared for, providing comfort and peace of mind from the moment you walk through the door. Commuters will appreciate the quick access to the Red Hill Valley Parkway, making travel throughout Hamilton and beyond a breeze. With parks, schools, shopping, and transit all nearby, this home combines value, location, and potential in one fantastic package. Whether you're purchasing your first home or looking to downsize, 139 Glassco Avenue North is ready to welcome you home.
MississaugaInvestor.ca
139 Glassco Avenue
Detached · 4bd/1ba · ~900 sqft
$435,000
Cash-Flow Report · July 31, 2026
Cap Rate
3.93%
Monthly Cash Flow
-$577/mo
Estimated Rent
$2,600/mo
Cash-on-Cash
-7.28%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,600 |
| Mortgage | −$2,002 |
| Property Tax | −$457 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$363 |
| Vacancy (5%) | −$130 |
| Cash Flow | -$577/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$31,200 |
| Vacancy (5%) | −$1,560 |
| Property Tax | −$5,481 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$4,350 |
| Annual NOI | $17,109 |
| Cap Rate | 3.93% |
Cash Required to Close
| Down Payment (20%) | $87,000 |
| Ontario Land Transfer Tax | $5,175 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $95,175 |
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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