
66 Victor Boulevard, Hamilton
Hamilton
$649,000
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE SIGNATURE 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
None Detected
Rent Estimate
$2,550/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to this beautifully updated 3-bedroom, 1.5-bathroom 3-level backsplit nestled in a highly desirable, family-friendly Hamilton neighbourhood. Offering a functional layout and modern upgrades throughout, this home is perfect for families, first-time buyers, or investors.Step inside to a bright, open-concept main floor featuring a spacious living and dining area, seamlessly connected to the kitchen with a convenient breakfast bar-ideal for everyday living and entertaining. The upper level offers three well-sized bedrooms and a fully renovated main bathroom, showcasing stylish finishes and thoughtful design.The finished lower level provides a versatile rec room, a convenient 2-piece bathroom, and ample storage, including a crawl space. An enclosed workshop adds even more functionality, perfect for hobbyists or additional storage needs. Recent upgrades include brand new kitchen appliances (fridge, stove, dishwasher, and microwave), new engineered wood flooring on the upper and lower levels, updated upper-level windows, and a beautifully refreshed backyard space-ready for outdoor enjoyment. A new furnace (installed November 2024) adds peace of mind. Complete with a covered carport and located close to top-rated schools, parks, recreation centres, shopping, transit, and easy highway access-this home offers exceptional value in a prime location
MississaugaInvestor.ca
66 Victor Boulevard
Detached · 3bd/2ba · ~1,300 sqft
$649,000
Cash-Flow Report · August 3, 2026
Cap Rate
1.8%
Monthly Cash Flow
-$2,012/mo
Estimated Rent
$2,550/mo
Cash-on-Cash
-16.97%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,550 |
| Mortgage | −$2,987 |
| Property Tax | −$681 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$541 |
| Vacancy (5%) | −$128 |
| Cash Flow | -$2,012/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$30,600 |
| Vacancy (5%) | −$1,530 |
| Property Tax | −$8,177 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$6,490 |
| Annual NOI | $11,703 |
| Cap Rate | 1.8% |
Cash Required to Close
| Down Payment (20%) | $129,800 |
| Ontario Land Transfer Tax | $9,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $142,255 |
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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