Investor's Dream! Turnkey income property right across the street from McMaster University. Leased to responsible students for $5772/month and is fully licensed with the City of Hamilton. The property features 9 bedrooms, 2 separate kitchens, 3 bathrooms, 2 laundries. It is nicely upgraded and includes laminate flooring in most areas, updated bathrooms, high efficiency furnace, newer roof (2019) and much more! Parking for 3 cars onsite. Don't miss this opportunity.
5 bedrooms, 3 bathrooms, about 1,100 sq ft, works out to roughly $872 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 23 Forsyth Ave S
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
1100-1500 sq ftas stated on the listing
Parking
3 spacesYes garage
Basement
Finished with Walk-Out, Full
Features & systems
Parking & garage
Garage
Yes
Parking spaces
3
Interior
Basement
Finished with Walk-Out · Full
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
23 Forsyth Ave S Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14089604$959,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 23 Forsyth Ave S Compares to the Hamilton Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$4,711
/mo
based on the purchase price of $959,000
$191,800 cash
$767,200 financed
$646,184 total interest
Principal54%$767,200
Interest46%$646,184
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Hamilton
Other 4–6 bed homes for sale in Hamilton around $959K.
Average days on market41Homes sold in about 41 days on average.
Sale-to-list ratio97.0%On average, homes sold below asking.
Active listings2,553Homes for sale here right now.
Median vs prior 90 days−1.1%Compared with Apr 20 – Jul 19, 2026: prices down.
Based on 1,911 sales from Jul 19 – Oct 17, 2026 (1,444 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
23 Forsyth Ave S is listed at $959,000 (MLS® X14089604). Summitly updates the price as soon as the MLS® record changes.
Is $959,000 a good price for 23 Forsyth Ave S?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Hamilton. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 23 Forsyth Ave S changed?
No — 23 Forsyth Ave S is still listed at its original asking price of $959,000.
How many bedrooms and bathrooms does 23 Forsyth Ave S have?
23 Forsyth Ave S has 5 bedrooms and 3 bathrooms, with about 1,100–1,500 square feet of living space. It is a detached home in Hamilton.
Is 23 Forsyth Ave S close to transit?
The nearest rapid-transit station is Hamilton GO Centre GO Station (Lakeshore West GO), about 3.8 km in a straight line. West Harbour GO Station is about 4.1 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 23 Forsyth Ave S?
About $4,711 a month — principal and interest on $959,000 with 20% down ($191,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 23 Forsyth Ave S compare with other homes in Hamilton?
Its asking price of $959,000 is about 41% above the median sold price in Hamilton over the last 90 days, $679,000, across 1,911 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 23 Forsyth Ave S been sold before?
Summitly has no earlier MLS® sale or lease of 23 Forsyth Ave S on record from the last two years. Older records aren't shown under TRREB rules.
Where is 23 Forsyth Ave S?
23 Forsyth Ave S is in Hamilton, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 23 Forsyth Ave S been on the market?
1 day — 23 Forsyth Ave S was listed on October 16, 2026.
What is the price per square foot of 23 Forsyth Ave S?
About $639 to $872 per square foot: the asking price of $959,000 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 23 Forsyth Ave S have parking or a garage?
Yes — the listing gives 3 parking spaces. Garage: Yes.
