188-190 Caroline Street S
Durand, Hamilton, ON L8P 3L2
What it costs to own
These are the listing’s recurring costs before any mortgage. Enter your own mortgage rate in the calculator below to estimate the monthly payment — we don’t assume a rate for you.
Excludes utilities, home insurance, repairs & upkeep, closing & financing-specific costs. Estimate only — not a loan offer or appraisal.
Description
6% cap rate. $91,650 in annual rent from four leased units in Hamilton's popular Durand Neighbourhood. You get a legal 4-plex built, fully tenanted, producing $71,970 in net operating income. All four tenants pay their own hydro, so your utility exposure stays small and easy to predict. The expensive work is already behind you. Parapet walls and chimney have been re-built, and the water line has b...
My Notes
Saved in this browser only — sign in to keep your notes across devices.
Property Details
Tax Information
Amenities & Features
Nearby
Mortgage Calculator
Estimate only — not a mortgage quote, pre-approval or lending offer. Term, interest rate and down payment are assumptions you can adjust. Below 20% down the figure includes CMHC/mortgage-default insurance, which lenders add to the mortgage. It excludes closing costs, utilities and other expenses, and does not reflect any specific lender. Confirm real numbers with a licensed mortgage professional.
Cash Flow Analysis
* Source: Calculation formula is compiled by Homsy.ca. This is for educational use only.
Can you afford this home?
Enter your income and your own mortgage rate to check this home against a lender’s limits.
An estimate, not a pre-approval. Information is deemed reliable but not guaranteed.
Market Statistics
Unlock more property intelligence
Sold prices, price changes, and listing history are available to signed-in members under real-estate board (VOW) rules.