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12 MAYFLOWER AVENUE, Hamilton (Crown Point)
2026-07-12
Quick Summary
- Location
- 12 MAYFLOWER AVENUE, Hamilton (Crown Point), Ontario L8L2K4
- Price
- $505,000
- Status:
- For Sale
- Property Type:
- Single Family
- Area:
- 1100 - 1500 sqft
- Bedrooms:
- 4
- Bathrooms:
- 2
- Garages:
- 1
MLS®#X13541324
Property 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. (id:32467)
Property Features
Building
- Basement Development: Unfinished
- Basement Type: N/A (Unfinished)
- Construction Style: Detached
- Cooling Type: Central air conditioning
- Exterior Finish: Wood
- Fireplace: No
- Interior Size: 1100 - 1500 sqft
- Building Type: House
- Stories: 2
- Utility Water: Municipal water
Land
- Land Size: 19 x 90 FT
- Sewer: Sanitary sewer
Ownership
- Type: Freehold
Information entered by EXP REALTY
Listing information last updated on: 2026-07-27 15:38:40
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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