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Investment signal

$559,900

22 DAVID Avenue

Save this home

Beds

2

Baths

2

Sqft

Year

1950

Type

Single Family

Suite

Suite potential

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 22 David Ave in Hamilton, a charming bungalow located in a safe family friendly neighbourhood that truly checks all the boxes. Perfect as a starter home or for downsizers, this property offers unbeatable convenience with close proximity to schools, recreation centres, hospitals, and everyday shopping. Inside, you will find a beautifully updated space featuring fresh paint throughout, brand new honey oak vinyl flooring, and a completely renovated kitchen with new cabinets, countertops, and brand new appliances. Both the main and basement washrooms have been fully upgraded with elegant porcelain tile finishes. The home also offers additional square footage at the rear, creating a versatile space that can be transformed into a stunning family room, home office, or entertainment area. The basement provides excellent potential for an in-law suite or rental income opportunity. Enjoy a large backyard perfect for kids, pets, or family gatherings. This home blends comfort, style, and future potential in an ideal location (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Community
176 - Hill Park
Common interest
Freehold
Living area
856 square feet
Bedrooms
2 above grade, 0 below grade
Parking
2 total
Stories
1
On market
Apr 23, 2026
Status changed
Apr 23, 2026
Annual tax
$3,751
Zoning
C
Photos
39
MLS#
40823617
Area
HAMILTON

Features and systems

Basement

FinishedFull

Appliances

WasherRefrigeratorStoveDryer

Heating

Natural gas

Cooling

Central air conditioning

Exterior

Metal

Foundation

Block
Negative cash flow ~$646/mo at these assumptions

Cash on cash

-6.92%

Cap rate

3.48%

GRM

16.7

Break-even rent

$3,480

Financing

Down payment$111,980
Loan amount$447,920
Mortgage$2,270/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$257
Insurance$80
Maintenance$467
CapEx reserve$233
Vacancy loss$140

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 $2,270/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.

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