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$1,278,000Asking Price

223 Park Street N, Hamilton, ON L8R 2N9

Central, Hamilton

Triplex
5
Bedrooms
4
Baths
2
Parking
Day on Market

Welcome to the Bellwether House, a truly unique and income-optimized property in Hamilton. This triplex features three self-contained units plus a designer-finished bonus studio in the triple garage. Ideal for investors or end users, live in one unit and rent the others, lease all units for maximum cash flow, or continue operating as a top-performing Airbnb. Offering an estimated cap rate of 5% to 7%, this is a compelling opportunity for investors seeking strong returns in a prime location.

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Tour this home:

Welcome to the Bellwether House, a truly unique and income-optimized property in Hamilton. This triplex features three self-contained units plus a designer-finished bonus studio in the triple garage. Ideal for investors or end users, live in one unit and rent the others, lease all units for maximum cash flow, or continue operating as a top-performing Airbnb. Offering an estimated cap rate of 5% to 7%, this is a compelling opportunity for investors seeking strong returns in a prime location.

Key Info

  • 3-Storey Triplex
  • 2 Parking
  • Detached Garage
  • Bay and Barton
  • 2500-3000 Approximate Sq Feet
  • No Ensuite Laundry
  • Forced Air Gas Heating
  • Central Air

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $4,331 in 2025
  • Possession: 60 Days

Details

  • Vinyl Siding Exterior
  • No Fireplace
  • 3 Kitchens
  •  
  • MLS #X12897980
  • RIGHT AT HOME REALTY

Extras

Room Floor Dimensions Details
1 Kitchen Ground 39.37' x 39.37'
Washroom2 4-Piece Bathrooms on Ground Floor
Washroom1 4-Piece Bathroom
Washroom1 4-Piece Bathroom

Who lives here?

Central, Hamilton is a west GTA neighbourhood notable for its singles, renters, university grads, health and education, law & public sector professionals and salespeople. 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 seniors aged 85 & above.

Families

Kids Per Family

0.8

kids per family
in the neighbourhood.

Hamilton  (1.2)

Singles

63% of residents are
single and loving it.

63% singles

Hamilton (46%)

Renters

66% of residents
are renters.

66% renters

Hamilton (32%)

Education

40% of residents are
university grads.

40% university grads

Hamilton (28%)

Income

Average Household Income

$65K

is the average household
income in the neighbourhood.

Hamilton  ($106K)

Professions

Professions

Sales 17%
Government 10%
Health 7%
Business 7%
Trades 7%

Immigrants

38% of residents were
born outside of Canada.

38% immigrants

Hamilton (25%)

Birthplace - All

Vietnam was once home to 4.4% of immigrants.
China 3.9%
Italy 2.5%
Philippines 2.1%
Portugal 1.9%

4.4% from Vietnam
All-time

Birthplace - Recent

Iran was once home to 1.0% of immigrants.
China 0.9%
Lebanon 0.4%
Central Africa 0.4%
Syria 0.4%

1.0% from Iran
Recent

Foreign Languages

Foreign Languages

Vietnamese 4%
Mandarin 3%
Arabic 3%
Portuguese 3%
Italian 3%

Religions

Religions

Christian 52%
Muslim 6%
Buddhist 5%
Hindu 2%
Jewish 1%