$2,299,000Asking Price
291 East 38th Street, Hamilton, ON L8V 4G2
Raleigh, Hamilton
Ideal investment opportunity in a prime location Hamilton's vibrant central mountain! This high-exposure corner property offers tremendous potential for future growth. Featuring 8 beautifully maintained 1-bedroom units and 1 bachelor suite, the building showcases stunning terrazzo hallways and stairwells. Between 2019 and 2023, the property was extensively renovated with a new roof, new windows, an upgraded boiler, and updated kitchens and bathrooms. Includes 9 dedicated parking spots. Conveniently located near public transit, shopping, and essential amenities.
Ideal investment opportunity in a prime location Hamilton's vibrant central mountain! This high-exposure corner property offers tremendous potential for future growth. Featuring 8 beautifully maintained 1-bedroom units and 1 bachelor suite, the building showcases stunning terrazzo hallways and stairwells. Between 2019 and 2023, the property was extensively renovated with a new roof, new windows, an upgraded boiler, and updated kitchens and bathrooms. Includes 9 dedicated parking spots. Conveniently located near public transit, shopping, and essential amenities.
See MoreKey Info
- 3-Storey Multiplex
- 4+ Parking
- No Garage
- Fennell Ave E & Upper Gage Ave
- 3500-5000 Approximate Sq Feet
- No Ensuite Laundry
- Radiant Gas Heating
- No A/C
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $18,254 in 2024
- Possession: TBA
Details
- Brick Exterior
- No Fireplace
- 9 Kitchens
- MLS #X12119785
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 9 4-Piece Bathrooms | |||
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Who lives here?
Raleigh, Hamilton is a west GTA neighbourhood notable for its singles, renters, salespeople and tradespeople. Residents tend to be older with a significant number of adults aged 25 to 39, 25 to 39, 25 to 39 and 25 to 39 and seniors aged 65 to 74.
Families
Kids Per Family
0.9
kids per family
in the neighbourhood.
Singles
53%
of residents are
single and loving it.
53% singles
Hamilton (46%)Renters
46%
of residents
are renters.
46% renters
Hamilton (32%)Education
18%
of residents are
university grads.
18% university grads
Hamilton (28%)Income
Average Household Income
$73K
is the average household
income in the neighbourhood.
Professions
Professions
| Sales | 18% |
| Trades | 11% |
| Business | 7% |
| Government | 7% |
| Health | 6% |
Immigrants
17%
of residents were
born outside of Canada.
17% immigrants
Hamilton (25%)Birthplace - All
2.8% from Philippines
All-time
Birthplace - Recent
0.4% from Iraq
Recent
Foreign Languages
Foreign Languages
| Tagalog | 2% |
| Spanish | 2% |
| Arabic | 1% |
| French | 1% |
| Italian | 1% |
Religions
Religions
| Christian | 68% |
| Muslim | 3% |
| Buddhist | 1% |
