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Investment signal

$1,100,000

68 ARKLEDUN AVENUE

Beds

7

Baths

6

Sqft

Year

About this home

Opportunity is knocking! This large 6 unit character building is turn key and ready for any investor. Located in one of Hamilton's most desirable neighborhoods its set to impress. Located at the foot of the escarpment just steps from St Joseph's hospital, Downtown and trendy Locke Street with beautiful escapement views overlooking downtown. Close to St. Joseph's hospital makes for easy renting. Approximately 85k in rent with a vacant unit to increase your NOI! Exceptionally well maintained, renovated with A++ tenants and stunning views of the Hamilton city skyline and waterfront. (id:65958)

Subtype
Multi-family
MLS#
X12996184
Area
HAMILTON_(CORKTOWN)
Negative cash flow ~$2,133/mo at these assumptions

Cash on cash

-11.63%

Cap rate

3.56%

GRM

16.7

Break-even rent

$7,745

Financing

Down payment$220,000
Loan amount$880,000
Mortgage$5,399/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$504
Insurance$80
Maintenance$917
CapEx reserve$458
Vacancy loss$275

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 $5,399/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 14, 2026.

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