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Investment signal

$788,800

58 SANDALWOOD Avenue

Save this home

Beds

5

Baths

2

Sqft

Year

1955

Type

Multi-family

Suite

Investment signal

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

*LEGAL DUPLEX for sale in Hamilton. Grossing $4550 monthly (Main - $2600 and Lower - $1950). Separate panels and electrical meters. This renovated bungalow-duplex is the ideal investment. Each unit has a modern kitchen with quartz counters, a deep trough sink, contemporary backsplash tile, and appliances (including washers/dryers). Both bathrooms have been renovated with deep soaker tubs, new cabinets and fixtures. Stylish plank flooring over new subfloor flows throughout the main level and in the spacious lower-level bedrooms, complemented by new interior doors and hardwood trim. Electrical and plumbing have all been updated. Located in a quiet neighbourhood close to schools and parks, just 8 mins to Limeridge and 15 mins to downtown Hamilton. (id:65958)

Subtype
Multi-family
Structure
Duplex
Community
253 - Huntington
Common interest
Freehold
Living area
1,085 square feet
Parking
4 total
Stories
1
On market
Apr 27, 2026
Status changed
Apr 27, 2026
Annual tax
$5,060.33
Zoning
R1
Photos
40
MLS#
40824359
Area
HAMILTON

Features and systems

Basement

FinishedFull

Appliances

Oven - Built-In

Heating

Forced air

Cooling

Central air conditioning

Exterior

Brick

Community

Quiet AreaCommunity Centre
Negative cash flow ~$872/mo at these assumptions

Cash on cash

-6.64%

Cap rate

3.54%

GRM

16.6

Break-even rent

$4,868

Financing

Down payment$157,760
Loan amount$631,040
Mortgage$3,197/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$362
Insurance$80
Maintenance$657
CapEx reserve$329
Vacancy loss$198

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 $3,197/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 27, 2026.

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