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Investment signal

$659,900

68-70 ROBERT STREET N

Beds

Baths

Sqft

—

Year

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Location

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About this home

Welcome to 68-70 Robert Street! A fully renovated, turnkey two-unit property in sought-after Beasley neighborhood - ideal for investors or first-time buyers looking to offset their mortgage with rental income. Each unit offers 2 bedrooms and a modern 3-piece bathroom, with updated kitchens, laminate flooring, stainless steel appliances, high ceilings, and separate laundry. Individual hydro and water meters add convenience and flexibility. One unit is currently vacant, offering immediate occupancy or the ability to set market rent. Major 2024 upgrades include new roof, windows, furnace, heat pumps, water heaters (owned), electrical, plumbing, and appliances. A private driveway is offered with tandem parking. Conveniently located near West Harbour GO Station, Bayfront Park, transit, and the vibrant James St North arts and dining scene. RSA. (id:65958)

Subtype: Single Family
Structure: House
Community: Beasley
Common interest: Freehold
Lot dimensions: 47.3 x 26 FT
Bedrooms: 4 above grade
Parking: 2 total
Stories: 2
On market: Jan 9, 2026
Status changed: Apr 13, 2026
Annual tax: $4,087
Zoning: L-mr-2
Photos: 40
MLS#: X12681144
Area: HAMILTON_(BEASLEY)

Features and systems

Parking

No Garage

Basement

UnfinishedFull

Appliances

WasherRefrigeratorDishwasherStoveDryerMicrowaveWindow Coverings

Heating

Heat PumpForced airNot knownElectricNatural gas

Cooling

Central air conditioning

Exterior

Concrete

Foundation

Unknown

Utilities

SewerElectricity

Security

Smoke Detectors

Negative cash flow ~$1,311/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-11.92%

Cap rate

3.51%

GRM

16.7

Break-even rent

$4,680

Financing

Down payment$131,980

Loan amount$527,920

Mortgage$3,239/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$302

Insurance$80

Maintenance$550

CapEx reserve$275

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.

Lifestyle nearby

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

Mortgage estimate

Estimated $3,239/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 13, 2026.