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Investment signal

$575,000

118 JULIAN Avenue

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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. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Welcome to this well-maintained 1.5-storey detached home located in Hamilton’s desirable Normanhurst neighbourhood. Featuring 3 spacious bedrooms and 2 full bathrooms, this property is perfect for families, first-time buyers, or investors seeking flexibility and potential. Inside, you'll find a bright and functional layout with generous living space. The finished basement includes a separate entrance, offering ideal in-law suite potential or future rental income. The fully fenced backyard provides a private outdoor retreat, and the double driveway ensures convenient off-street parking. Bonus: The property also offers possible access to a rear alleyway (not maintained by the City of Hamilton), adding additional versatility and potential for future use. Situated in a family-friendly area close to parks, schools, shopping, and public transit, this home offers both comfort and opportunity in a well-connected location. Don’t miss your chance to own this versatile home in a growing neighbourhood! (id:65958)

Subtype: Single Family
Structure: House
Community: 232 - Normanhurst
Common interest: Freehold
Living area: 1,990 square feet
Bedrooms: 3 above grade, 0 below grade
Parking: 2 total
Stories: 1.5
On market: Mar 30, 2026
Status changed: Apr 23, 2026
Annual tax: $3,548.21
Zoning: C
Photos: 42
MLS#: 40816118
Area: HAMILTON

Features and systems

Basement

FinishedFull

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

BrickAluminum siding

Lot

Paved driveway

Negative cash flow ~$662/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

-6.91%

Cap rate

3.48%

GRM

16.7

Break-even rent

$3,572

Financing

Down payment$115,000

Loan amount$460,000

Mortgage$2,331/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$264

Insurance$80

Maintenance$479

CapEx reserve$240

Vacancy loss$144

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 $2,331/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 23, 2026.