$490,000Asking Price
Welcome to this well-appointed 2-bedroom, 2-bathroom condo located in the heart of downtown Hamilton. This unit is tenanted until August 31st, with excellent tenants currently in place and rent paid in full, offering secure and worry-free income for investors.The location is exceptionally attractive to long-term renters, positioned just minutes from McMaster University, Mohawk College, and several of Hamilton's major healthcare institutions including Hamilton General Hospital, St. Joseph's Healthcare, and Juravinski Hospital. Proximity to these respected schools and hospitals creates consistent rental demand and long-term investment stability.The existing lease must be honoured through its expiry, providing predictable cash flow, while also allowing flexibility for future end-user occupancy or re-leasing at market value. With a functional layout featuring two full bathrooms and a highly walkable urban setting close to transit, shopping, dining, and downtown amenities, this suite appeals strongly to both tenants and future buyers.Located in the growing downtown core at 1 Jarvis Street, this is an ideal addition to an investment portfolio or a strategic purchase for buyers planning ahead.
Welcome to this well-appointed 2-bedroom, 2-bathroom condo located in the heart of downtown Hamilton. This unit is tenanted until August 31st, with excellent tenants currently in place and rent paid in full, offering secure and worry-free income for investors.The location is exceptionally attractive to long-term renters, positioned just minutes from McMaster University, Mohawk College, and several of Hamilton's major healthcare institutions including Hamilton General Hospital, St. Joseph's Healthcare, and Juravinski Hospital. Proximity to these respected schools and hospitals creates consistent rental demand and long-term investment stability.The existing lease must be honoured through its expiry, providing predictable cash flow, while also allowing flexibility for future end-user occupancy or re-leasing at market value. With a functional layout featuring two full bathrooms and a highly walkable urban setting close to transit, shopping, dining, and downtown amenities, this suite appeals strongly to both tenants and future buyers.Located in the growing downtown core at 1 Jarvis Street, this is an ideal addition to an investment portfolio or a strategic purchase for buyers planning ahead.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 23.69' x 6.89' | Combined with Dining, Combined with Living, Open Concept |
| 1 3-Piece Bathroom on Main Floor | ||||
| 1 4-Piece Bathroom on Main Floor | ||||
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Beasley, Hamilton is a west GTA neighbourhood notable for its singles, renters and salespeople. It has a higher than average population of immigrants. Residents tend to be younger with a significant number of babies, youth aged 20 to 24 and adults aged 25 to 39.
Kids Per Family
1.2
kids per family
in the neighbourhood.
64%
of residents are
single and loving it.
64% singles
Hamilton (46%)
79%
of residents
are renters.
79% renters
Hamilton (32%)
25%
of residents are
university grads.
25% university grads
Hamilton (28%)Average Household Income
$54K
is the average household
income in the neighbourhood.
Professions
| Sales | 17% |
| Trades | 7% |
| Business | 6% |
| Government | 6% |
| Health | 4% |
36%
of residents were
born outside of Canada.
36% immigrants
Hamilton (25%)2.3% from Philippines
All-time
0.8% from Syria
Recent
Foreign Languages
| Somali | 4% |
| Portuguese | 4% |
| Spanish | 3% |
| Arabic | 3% |
| Cantonese | 2% |
Religions
| Christian | 52% |
| Muslim | 12% |
| Buddhist | 5% |
| Hindu | 3% |