$999,000Asking Price
Discover an exceptional opportunity to own this legal Duplex character home featuring three self-contained apartment units in Hamilton's prestigious Durand neighbourhood. This property is a fantastic investment or an ideal owner-occupied residence, offering an impressive net income of $48,801.20 annually. Unit 1: A charming 2-bed, 1-bath unit currently rented for $1,850 per month. Unit 2: A spacious unit with a rental potential of $2,200 per month. Unit 3: A cozy loft that generates $1,127.50 per month. All units are currently tenanted, you'll benefit from the property's prime location and its appeal to A+ professional tenants. This beautifully maintained home boasts extensive modern updates that seamlessly blend with its historical charm. Take advantage of the opportunity to finish the basement, for additional revenue of $1,600+ per month. This beautiful property is Situated within a short walk to the hospital, trendy Locke and James Street, the GO station, and scenic trails, this property also offers convenient highway access. The extensive updates and prime location make this an unbeatable investment opportunity. Don't miss your chance to own a piece of Hamilton's finest real estate!
Discover an exceptional opportunity to own this legal Duplex character home featuring three self-contained apartment units in Hamilton's prestigious Durand neighbourhood. This property is a fantastic investment or an ideal owner-occupied residence, offering an impressive net income of $48,801.20 annually. Unit 1: A charming 2-bed, 1-bath unit currently rented for $1,850 per month. Unit 2: A spacious unit with a rental potential of $2,200 per month. Unit 3: A cozy loft that generates $1,127.50 per month. All units are currently tenanted, you'll benefit from the property's prime location and its appeal to A+ professional tenants. This beautifully maintained home boasts extensive modern updates that seamlessly blend with its historical charm. Take advantage of the opportunity to finish the basement, for additional revenue of $1,600+ per month. This beautiful property is Situated within a short walk to the hospital, trendy Locke and James Street, the GO station, and scenic trails, this property also offers convenient highway access. The extensive updates and prime location make this an unbeatable investment opportunity. Don't miss your chance to own a piece of Hamilton's finest real estate!
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 3 3-Piece Bathrooms | ||||
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Durand, Hamilton is a west GTA neighbourhood notable for its singles, renters, university grads and health and education, law & public sector professionals. It has a higher than average population of immigrants. Residents tend to be younger with a significant number of adults aged 25 to 39 and 25 to 39 and seniors aged 65 to 74.
Kids Per Family
0.6
kids per family
in the neighbourhood.
64%
of residents are
single and loving it.
64% singles
Hamilton (46%)
81%
of residents
are renters.
81% renters
Hamilton (32%)
42%
of residents are
university grads.
42% university grads
Hamilton (28%)Average Household Income
$64K
is the average household
income in the neighbourhood.
Professions
| Sales | 14% |
| Government | 11% |
| Business | 8% |
| Health | 7% |
| Trades | 5% |
27%
of residents were
born outside of Canada.
27% immigrants
Hamilton (25%)2.2% from UK
All-time
0.9% from Syria
Recent
Foreign Languages
| Arabic | 4% |
| Spanish | 2% |
| French | 2% |
| Mandarin | 2% |
| Persian | 2% |
Religions
| Christian | 63% |
| Muslim | 5% |
| Jewish | 2% |
| Buddhist | 1% |