
37 Park Row, Hamilton
Hamilton
$539,000
Cash flow, cap rate & mortgage breakdown
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Listed by Keller Williams Complete Realty, Brokerage
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
2
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
Presenting an exceptional opportunity at 37 Park Row North, this lovingly maintained residence offers a seamless transition into comfortable living. Cherished by the same owner for nearly 40 years, this inviting two-storey home showcases enduring character, timeless craftsmanship, and evident pride of ownership throughout. Offering four bedrooms and two full bathrooms, this home blends original charm with functional living spaces. Inside, you'll find oak and walnut hardwood flooring on the main level, wood trim and character-filled details that reflect the home's history. The spacious primary bedroom features exposed beams and reclaimed barn wood, adding warmth and personality. A separate entrance to the basement provides added flexibility for storage, hobbies, or future possibilities. Thoughtful updates over the years include a professionally waterproofed foundation with membrane and weeping tile, a new sump pump with battery backup (2025), kitchen and bathroom windows (2024), rebuilt front and rear decks with new railings, steps and patio stone walkway (2023), updated plumbing with a new exterior hose bib, and a new rear fence (2026). Out back, enjoy no neighbour on one side, overlooking a peaceful green space and walking trail. Ideally located on a quiet, tree-lined street, minutes from Ottawa Street's shops, cafes and restaurants, Gage Park, schools, public transit, and highway access.**INTERBOARD LISTING: CORNERSTONE ASSOCIATION OF REALTORS**
MississaugaInvestor.ca
37 Park Row
Detached · 4bd/2ba · ~1,300 sqft
$539,000
Cash-Flow Report · July 31, 2026
Cap Rate
4.73%
Monthly Cash Flow
-$358/mo
Estimated Rent
$3,540/mo
Cash-on-Cash
-3.64%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,540 |
| Mortgage | −$2,481 |
| Property Tax | −$566 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$449 |
| Vacancy (5%) | −$177 |
| Cash Flow | -$358/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$42,480 |
| Vacancy (5%) | −$2,124 |
| Property Tax | −$6,791 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$5,390 |
| Annual NOI | $25,475 |
| Cap Rate | 4.73% |
Cash Required to Close
| Down Payment (20%) | $107,800 |
| Ontario Land Transfer Tax | $7,255 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $118,055 |
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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