For Sale · Hamilton (Crown Point) · Single Family

$505,000

12 MAYFLOWER AVENUE, Hamilton (Crown Point)

Beds

Baths

About This Home

The details.

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. (id:66635)

Summarizing the highlights...

MLS® X13541324Listing courtesy of EXP REALTYView on map Street view

Property Details

Facts & features.

Property type: Single Family
Ownership: Freehold
Storeys: 2
Parking: 1 space
Listed on: 2026-07-08
Days on market: 7
MLS number: X13541324
Data source: Toronto Regional Real Estate Board

July Value

What this home is worth.

Calculating a July Value estimate...

Realtor Recommended

JULY advisors for this home.

Bart Pukacz
Real Estate Advisor
Residential, Investment Properties, Presale Condos
Profile 604.721.1439
Han Lee
Real Estate Advisor
Residential, Investment Properties, Luxury Properties
Profile
Iñaki Sarmiento
Real Estate Advisor
Residential, Investment Properties
Profile 778.954.6254

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$2,362

$404,000 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$2,362

Cash flow

-$2,362

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Hamilton (Crown Point) right now

Active listings

New this week

$479,900

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Hamilton (Crown Point).

Household and demographic stats for Hamilton (Crown Point), from the Statistics Canada 2021 Census.

569,353
Population (2021): 40.8
Median age: 222,810
Households: 2.5
Avg household size: 65.7%
Home ownership: $86,000
Median household income

Hamilton (Crown Point) market trends

Source: Statistics Canada 2021 Census, Hamilton, City, Ontario.

Schools

Nearby schools.

K-12 schools closest to this home, with straight-line distances.

Bernie Custis Secondary School Secondary School
public · secondary
100 m
Holy Name of Jesus Catholic Elementary School
catholic · elementary
420 m
Bridge International School
independent · k12
450 m
Prince of Wales Elementary Public School
public · elementary
460 m
St. Ann (Hamilton) Catholic Elementary School
catholic · elementary
880 m
Adelaide Hoodless Public School
public · elementary
980 m

Source: Statistics Canada, Open Database of Educational Facilities. Distances are straight-line, not walking routes. Catchment boundaries change; always confirm with the school district.

Similar Homes

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Rental Market

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.