12 Mayflower Avenue, Hamilton, ON L8L 2K4
Hamilton
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 12 Mayflower Avenue, Hamilton, ON L8L 2K4
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MLS# X13541324
Listed by EXP REALTY
On market since Jul 9, 2026
What comparable homes actually sold for in the last 12 months.
12 Mayflower Avenue, Hamilton, ON L8L 2K4 is listed for $505,000 CAD.
12 Mayflower Avenue, Hamilton, ON L8L 2K4 has 4 bedrooms and 2 bathrooms.
12 Mayflower Avenue, Hamilton, ON L8L 2K4 is a Detached.
12 Mayflower Avenue, Hamilton, ON L8L 2K4 is in Hamilton, Ontario.
12 Mayflower Avenue, Hamilton, ON L8L 2K4 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 12 Mayflower Avenue, Hamilton, ON L8L 2K4 (MLS# X13541324). You can also send a message through the contact form on this site.
