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Investment signal

$799,000

59 PAISLEY AVENUE S

Save this home

Beds

6

Baths

3

Sqft

Year

Type

Single Family

Suite

Investment signal

Location nearby

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

About this home

Great investment opportunity in Westdale. This 4+2 bedroom, 3 bathroom home is ideally located only steps to the trendy cafes in downtown Westdale and a short walk to McMaster University making this home perfect for students. Beautiful original hardwood flooring and trim with the option to add a 7th bedroom on the main level. Fully fenced rear backyard and private driveway. (id:65958)

Subtype
Single Family
Structure
House
Community
Westdale
Common interest
Freehold
Lot dimensions
30.8 x 100 FT
Bedrooms
5 above grade, 1 below grade
Parking
2 total
Stories
2.5
On market
Mar 16, 2026
Status changed
Apr 22, 2026
Annual tax
$6,711.05
Photos
33
MLS#
X12886978
Area
HAMILTON_(WESTDALE)

Features and systems

Parking

No Garage

Basement

FinishedFull

Appliances

AllWasherDryerWindow Coverings

Heating

Forced airNatural gas

Cooling

Wall unit

Exterior

Brick

Foundation

Block

Lot

Irregular lot sizeSump Pump

Community

School Bus
Negative cash flow ~$884/mo at these assumptions

Cash on cash

-6.64%

Cap rate

3.54%

GRM

16.6

Break-even rent

$4,930

Financing

Down payment$159,800
Loan amount$639,200
Mortgage$3,239/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$366
Insurance$80
Maintenance$666
CapEx reserve$333
Vacancy loss$200

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 $3,239/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 22, 2026.

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