CAONHamiltonCrown Point West12 Mayflower Ave
Listing image | Image 1

12 Mayflower Ave, Hamilton, ON

House

For Sale

Listed price in listed location currency (CAD).
$505,000

421

MLS® X13541324

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage None
Taxes $2,280
Days Active 33
Lot Size 
Approx. Age 
MLS® Number X13541324

Property Address: 12 Mayflower Ave, Hamilton, ON, L8L2K4

Average square foot calculated using Size range provided by listing agent.

Description

12 Mayflower Avenue, Hamilton is an investment property within a portfolio. A single detached home operated as a four-room rental, offered at a 5.61% in-place cap rate on current rents. This fully-tenanted property generates $36, 000 in gross annual rent and $28, 334 NOI at an asking price of $505, 000.The home is configured with 3 bedrooms and a bath upstairs and 1 bedroom on the main floor, plus a bathroom in the basement. Three tenants pay $750/month each in cash rent, while the fourth room is occupied by a tenant who performs maintenance and repairs in lieu of cash rent, valued at the same $750/month - gross rent is shown inclusive of this in-kind arrangement. This property carries the lowest operating-expense load in the portfolio, so every additional dollar of room rent converts to NOI at an unusually high rate. One of the four rooms is already month-to-month, with the remainder repositionable to market as tenancies turn. The detached home sits on its own lot, offering a new owner long-term flexibility - whether continued as a room rental, converted to a single-family lease, or held for appreciation.
MLS® NumberX13541324
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age
BasementUnfinished
DrivewayGarage Type:None
Garage Spaces
HeatGas, Forced Air
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 9, 2026List Date
$505,000List Price
Nov 10, 2023End Date
-Sold Price

Expired

Sep 29, 2023List Date
$429,000List Price

Home Appraisal

This property is estimated to sell between: $498,000 and $509,000.
Similar properties in this area sold on average for: $498,163
Expected to sell very soon! Similar properties sold in 24 days. This home has been on eXp Realty for 33 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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12 Mayflower Ave, Hamilton, ON

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Listing Agent

Mina Bishay

[email protected]
(416) 999-6593
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