
124 Broker Drive, Hamilton
Hamilton
$574,999
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE STATE REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
3
Bathrooms
2
Days on Market
1
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
Charming Family Home on Hamilton Mountain! Nestled in the sought-after Huntington neighbourhood, this well-maintained property features a perfect blend of comfort and convenience. Situated just steps from the scenic Mountain Brow, this home is ideal for families, first-time buyers, investors or those looking to settle into a vibrant community. Spacious Layout: A classic bungalow-style design featuring 3 bedrooms on the main level and a fully finished basement for additional living space. We have curb appeal with a private 3-car driveway and a welcoming front porch! The heart of the home: let's you enjoy a bright, functional kitchen with ample storage, flowing seamlessly into the spacious living room. The bonus living space: The lower level boasting a large recreation room, a piano/bar area, a storage room with work bench and plenty of storage, a cold room and the laundry room! Providing great potential for a separate unit with the side entrance. The private, fenced backyard creates a peaceful oasis for summer BBQs and relaxation. Experience the best of Hamilton Mountain living: short walk to Fay Avenue Park, Mohawk Sports Park, and the extensive trail networks of Kings Forest. Minutes away from the Huntington Recreation Centre. Perfectly located near top-rated schools! Easy access to public transit and major highways! Ready to see it for yourself? Don't miss the opportunity to own a home in one of Hamilton's most desirable pockets.
MississaugaInvestor.ca
124 Broker Drive
Detached · 3bd/2ba · ~900 sqft
$574,999
Cash-Flow Report · August 1, 2026
Cap Rate
3.89%
Monthly Cash Flow
-$782/mo
Estimated Rent
$3,340/mo
Cash-on-Cash
-7.45%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,340 |
| Mortgage | −$2,647 |
| Property Tax | −$604 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$479 |
| Vacancy (5%) | −$167 |
| Cash Flow | -$782/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$40,080 |
| Vacancy (5%) | −$2,004 |
| Property Tax | −$7,245 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$5,750 |
| Annual NOI | $22,381 |
| Cap Rate | 3.89% |
Cash Required to Close
| Down Payment (20%) | $114,999.8 |
| Ontario Land Transfer Tax | $7,975 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $125,974.8 |
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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