
















102 Rosslyn Avenue N
Crown Point, Hamilton
$649,000
102 Rosslyn Avenue N, Hamilton is an investment property within a portfolio. A five-door rooming house with a self-contained basement unit, offered at a 6.10% in-place cap rate on current rents. This property generates $54,660 in gross annual rent and $41,460 NOI, with one door currently vacant and ready for immediate lease-up. The upper floors offer four main rooms, one with a private bath, above a separate 2-room basement unit with its own layout. Recent capital upgrades - a new water heater and furnace, in-suite washer and dryer, and central heat and A/C - mean minimal near-term capital outlay for a new owner, and 2-car parking adds a rentable amenity. Four of the five upstairs doors are already month-to-month, giving a new owner substantial room to reset rents to market across the upper unit on standard notice. The separate basement unit is currently vacant and available for immediate lease-up at an asking rent of $1,350/month, adding a distinct income stream that can be repositioned independently of the rest of the property.
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| Type | Detached |
| Style | 2 1/2 Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $3,130 |
| Lot Size | 20 ft x 100 ft |
| mls© Number | X13541340 |
| Listed By | EXP REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,322
- Property tax
- $261
- Heat allowance
- $150
- Housing costs
- $3,733 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$115,000
gross annual household income
- Payment at 4%
- $2,731 / mo
- Cash down
- $129,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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