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Investment signal

$599,990

272 STINSON Crescent

Beds

5

Baths

2

Sqft

Year

1925

About this home

Gorgeous 2.5 storey Home in the Heart of Downtown Hamilton! Tucked away at the end of a quiet court, this beautifully maintained 2.5 storey gem offers the perfect blend of charm, space and opportunity. Featuring 4 spacious bedrooms and 1 full bath in the main home, plus a separate 1 bed, 1 bed in-law suite in the basement - ideal for extended family, guests or rental income. With a rare 3-car driveway and prime downtown location, this home is as practical as it is picturesque. Whether you're looking to live in and rent, create a multi-unit investment property or simply enjoy the flexibility of added space, this property is bursting with potential. Don't miss your chance to own a versatile and character-filled home in one of Hamilton's most vibrant communities! Steps away from a main bus route, the Bruce Trail, and the mountain stairs! (id:65958)

Subtype
Single Family
MLS#
40753131
Area
HAMILTON
Negative cash flow ~$915/mo at these assumptions

Cash on cash

-9.15%

Cap rate

4.06%

GRM

15.2

Break-even rent

$4,263

Financing

Down payment$119,998
Loan amount$479,992
Mortgage$2,945/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$275
Insurance$80
Maintenance$500
CapEx reserve$250
Vacancy loss$165

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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 $2,945/mo at 5.49% with 20% down, 25-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 17, 2026.

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