Map
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 0
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

This is an investment property offered as part of a 15-property multifamily portfolio for sale across Hamilton, Windsor, Port Colborne, and Oshawa, Ontario. Properties are available individually or as a complete package. For full portfolio details, financials, and rent roll, contact Mina Bishay at eXp Realty. 12 Mayflower Avenue, Hamilton is 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 Estimate Zoopraisal®

This property is estimated to sell between: $498,000 and $509,000.
Similar properties in this area sold on average for: $498,558
Expected to sell in 33 days. Similar properties sold in 33 days. This home has been on Zoocasa for 0 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.

  • Commute

Commute

Starting Address
Destination Address
12 Mayflower Ave, Hamilton, ON

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