Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$649,000
Hamilton
209 Rosslyn Avenue South, Hamilton (Delta), Ontario, L8M3J6
This multi-family property in Hamilton is for sale offering roughly 1,750 sq ft of space. It has been on the market 22 days, fresher than the Hamilton average of 35 days.
An exceptional opportunity near Gage Park offering a versatile detached home beautifully updated with two self-contained living spaces. Perfect for owner-occupiers, multi-generational families, or investment-minded buyers looking for outstanding flexibility. The VACANT main living space spans two levels and features 1 bedroom plus a finished lower-level den, 1.5 bathrooms, two spacious living areas, in-suite laundry, a private deck, and modern finishes throughout. The upper living space, also arranged over two levels, offers 2 bedrooms, 1 full bathroom, in-suite laundry, and its own private deck. Each living space enjoys an impressive level of independence, equipped with its own furnace, central air conditioning, hot water tank, electrical panel, and separate hydro metering. Move into the vacant main portion while maintaining the existing upper tenancy generating $1,800/month plus utilities to help offset ownership costs, provide private space for extended family, or explore the property's incredible potential. Situated on a quiet, tree-lined street with escarpment views, within walking distance of Gage Park, shops, restaurants, public transit, and everyday amenities. A versatile property offering space, privacy, and flexibility in a convenient Hamilton neighbourhood. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 22 days on market, against an average age of 35 days across the listings currently for sale in this city
This 3-bed multi-family in Hamilton (Delta) has been listed for 22 days, which is 13 days fresher than the city average of 35. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $649,000, about 10.6× the local median household income of $61,200.
Carrying it typically needs a household income of about $126,772 (20% down, 25-yr amortization, stress-tested) — roughly 107% above the area median.
Source: Statistics Canada, 2021 Census (FSA L8M)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
