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Investment signal

$1,349,900

119 OTTAWA STREET N

Save this home

Beds

12

Baths

8

Sqft

Year

Type

Multi-family

Suite

Investment signal

Location nearby

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

About this home

Exceptional investment opportunity offering strong net income and excellent long-term potential. Each unit is thoughtfully designed for comfort and functionality. Located in a high-demand area close to transit, shopping, parks, and major amenities ensuring consistent tenant appeal. (id:65958)

Subtype
Multi-family
Structure
Duplex
Community
Crown Point
Lot dimensions
60 x 117 Acre
Bedrooms
9 above grade, 3 below grade
Parking
11 total
Stories
2.5
On market
Oct 10, 2025
Status changed
Apr 24, 2026
Annual tax
$8,090.72 (2025)
Zoning
C5A
Photos
8
MLS#
X12457448
Area
HAMILTON_(CROWN_POINT)

Features and systems

Parking

No Garage

Basement

UnfinishedFull

Heating

Forced airNatural gas

Exterior

Brick

Foundation

Concrete
Negative cash flow ~$1,445/mo at these assumptions

Cash on cash

-6.42%

Cap rate

3.58%

GRM

16.7

Break-even rent

$8,271

Financing

Down payment$269,980
Loan amount$1,079,920
Mortgage$5,472/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$619
Insurance$80
Maintenance$1,125
CapEx reserve$562
Vacancy loss$338

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 $5,472/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 24, 2026.

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