Space
Finished area and layout
- Living Area
- 1,788 sqft
- Above Grade
- 1,128 sqft (Listing Brokerage)
- Below Grade
- 660 sqft (Listing Brokerage)
- Finished Breakdown
- Above 1,128 sqft + Below 660 sqft
- Bedrooms
- 5
- Bathrooms
- 2
+38 more
5
Bedrooms
2
Bathrooms
1,788 sqft
Living Area
0.11 ac
Lot
1955
Year Built
Property Snapshot
Key details for this listing
MLS #40867137
Property
Type, style and structure
About This Property
This 5-bedroom, 2-bathroom single family in Hamilton offers 1,788 sqft of living area on a 0.11 ac lot. Built in 1955, 1 storey. The property has lot dimensions of 0.11. The home features hot water radiator heat, baseboard heaters heating, ductless, a finished, full basement.
MLS Remarks
Investors and owner-occupiers, take note! This fully legal duplex offers an incredible opportunity to build equity while generating rental income — whether you're looking to expand your portfolio or live in one unit and rent out the other for an additional source of income. This property features two updated, self-contained units: a spacious 3-bedroom main-floor unit and a well-appointed 2-bedroom basement unit. Both units feature stainless steel appliances and offer comfortable, modern living spaces that are attractive to today's tenants. With separate hydro meters, tenants can be responsible for their own electricity usage. The basement unit also offers the added bonus of no rent control, providing greater flexibility for future rental income. The property is being offered vacant, giving the new owner the flexibility to set their own rents from day one. For an owner-occupier, this creates an especially attractive opportunity: live in one unit while renting the other, generating rental income that can help offset your monthly mortgage payment and make home ownership more affordable. For investors, the property's layout provides the potential for healthy monthly cash flow, while its location helps attract a large and diverse tenant pool. Situated in a mature and established neighbourhood, this property is conveniently located close to Lime Ridge Mall, shopping, restaurants, schools, transit, everyday amenities, and major highways. With quick and easy highway access, getting around the city is a breeze — making this a highly convenient location for both homeowners and tenants. Whether you're looking to house-hack your way into home ownership, reduce your monthly carrying costs, or add a strong income-producing property to your portfolio, this fully legal duplex offers flexibility, rental income potential, updated units, and an incredible location all in one package. (id:60351)
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