
18 Marcel Place, Hamilton
Hamilton
$899,900
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX ESCARPMENT GOLFI REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
6
Bathrooms
2
Days on Market
1
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
Nestled on a quiet court in the heart of Hamilton Mountain, this beautifully maintained family home offers the perfect blend of space, comfort, and convenience. Set on a desirable pie-shaped lot with over 2,700 sq. ft. of total living space, you'll enjoy a peaceful setting just minutes from shopping, schools, parks, restaurants, and everyday amenities. From the charming all-brick exterior, welcoming front porch, perennial gardens, and concrete driveway, this home exudes pride of ownership. Step inside to a bright foyer with a classic wood staircase leading to a spacious living room with gleaming hardwood floors and a large picture window. The formal dining room is ideal for hosting, while the updated eat-in kitchen features stainless steel appliances, tile backsplash, and ample cabinetry. Just off the kitchen, the cozy family room showcases a brick wood-burning fireplace and direct backyard access-perfect for everyday living and entertaining. A main floor bedroom and beautifully renovated 3-piece bathroom with a walk-in tiled shower (2025) offer flexibility for guests, extended family, or a home office. Upstairs, no carpet continues throughout. The generous primary suite includes a private 2-piece ensuite, while three additional spacious bedrooms are served by a large 5-piece family bathroom-ideal for a growing family. The partially finished basement offers excellent future potential with a separate walk-up entrance from the garage, rough-ins for a gas stove and plumbing, plus an existing 3-piece bathroom-perfect for an in-law suite or added living space. Outside, the fully fenced backyard is a private retreat. The oversized pie-shaped lot offers ample green space for children and pets, a concrete patio for summer barbecues, and a storage shed for convenience. Combining generous living space, timeless character, exceptional potential, and a family-friendly location, this is a home you'll be proud to call your own.
MississaugaInvestor.ca
18 Marcel Place
Detached · 6bd/2ba · ~2,750 sqft
$899,900
Cash-Flow Report · July 31, 2026
Cap Rate
3.2%
Monthly Cash Flow
-$1,744/mo
Estimated Rent
$4,545/mo
Cash-on-Cash
-10.6%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,545 |
| Mortgage | −$4,142 |
| Property Tax | −$945 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$750 |
| Vacancy (5%) | −$227 |
| Cash Flow | -$1,744/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$54,540 |
| Vacancy (5%) | −$2,727 |
| Property Tax | −$11,339 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$8,999 |
| Annual NOI | $28,775 |
| Cap Rate | 3.2% |
Cash Required to Close
| Down Payment (20%) | $179,980 |
| Ontario Land Transfer Tax | $14,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $197,453 |
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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