Investment signal

$460,000

116 BARONS AVENUE N

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Beds

Baths

Sqft

—

Year

—

Type

Single Family

Suite

Suite potential

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Hamilton (Homeside). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Attention First-Time Home Buyers And Investors! This Beautiful Duplex Offers A Fantasic Opportunity To Build Equity While Enjoying The Benefits Of Homeownership. Live In One Unit And Rent Out The Other To Offset Your Mortgage Or Add This Strong Cash-Flowing Property To Your Investment Portfolio With Income High Potential. The Home Features A Duplex Layout With A Separate Entrance And A Spacious Backyard Perfect For Relaxing Or Entertaining. Ideally Located In A Welcoming Neighbourhood Close To Parks, Transit, And Everyday Amenities, You'll Enjoy Walkable Access To Groceries, Coffee Shops And A Nearby Gym. Additional Updates And Making This A Move-In Ready Opportunity With Excellent Income Potential. No Offers To Be Submitted Before March 24 2026. (id:65958)

Subtype: Single Family
Architectural style: Bungalow
Structure: House
Community: Homeside
Common interest: Freehold
Lot dimensions: 25 x 92 FT
Bedrooms: 2 above grade, 2 below grade
Parking: 0 total
Stories: 1
On market: Mar 16, 2026
Status changed: Apr 22, 2026
Annual tax: $2,849.15
Photos: 1
MLS#: X12887402
Area: HAMILTON_(HOMESIDE)

Features and systems

Parking

No Garage

Basement

FinishedSeparate entranceN/AN/A

Appliances

Water Heater

Heating

Forced airNatural gas

Exterior

Stone

Flooring

Vinyl

Foundation

Block

Lot

Carpet Free

Positive cash flow ~$25/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

0.32%

Cap rate

4.93%

GRM

13.2

Break-even rent

$2,874

Financing

Down payment$92,000

Loan amount$368,000

Mortgage$1,865/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$211

Insurance$80

Maintenance$383

CapEx reserve$192

Vacancy loss$145

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,865/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 22, 2026.