$849,900Asking Price
Investors Dream in Blakeley: Dual-Unit Duplex with Bonus Barn at 14 Norway Avenue. Discover this versatile and charming legal duplex nestled in Hamiltons sought-after Blakeley neighborhood. With approximately 1,900 sq ft of well-designed living space, this property offers the perfect blend of comfort, storage, and income potential. Two well-appointed units a spacious two-bedroom unit and a comfortable three-bedroom unit ideal for owner-occupiers or income-generating tenants. Along with multiple storage units which are rented. Prime location just steps away from the verdant beauty of Gage Park, the convenience of St. Peters Hospital, and the dynamic boutiques and cafés of Ottawa Street. Investor-friendly layout live in one unit while renting the other, or maximize your rental portfolio with two income streams. Standout Feature Huge Barns with Endless Possibilities. Currently rented as storage. At the rear of the property sits two large barns, offering abundant storage and exciting development potential. For savvy investors, its a prime opportunity to add an Additional Dwelling Unit (ADU) or create a unique workspace, studio, or workshop all while maintaining rental income from the main house. Strong Current Income Unit 1: $1,850 + hydro Unit 2: $1,995 + hydro Unit 3/6: $650/month Unit 4: $250/month Unit 5A: $475/month Unit 5B: $500/month Cap Rate: 6.6%
Investors Dream in Blakeley: Dual-Unit Duplex with Bonus Barn at 14 Norway Avenue. Discover this versatile and charming legal duplex nestled in Hamiltons sought-after Blakeley neighborhood. With approximately 1,900 sq ft of well-designed living space, this property offers the perfect blend of comfort, storage, and income potential. Two well-appointed units a spacious two-bedroom unit and a comfortable three-bedroom unit ideal for owner-occupiers or income-generating tenants. Along with multiple storage units which are rented. Prime location just steps away from the verdant beauty of Gage Park, the convenience of St. Peters Hospital, and the dynamic boutiques and cafés of Ottawa Street. Investor-friendly layout live in one unit while renting the other, or maximize your rental portfolio with two income streams. Standout Feature Huge Barns with Endless Possibilities. Currently rented as storage. At the rear of the property sits two large barns, offering abundant storage and exciting development potential. For savvy investors, its a prime opportunity to add an Additional Dwelling Unit (ADU) or create a unique workspace, studio, or workshop all while maintaining rental income from the main house. Strong Current Income Unit 1: $1,850 + hydro Unit 2: $1,995 + hydro Unit 3/6: $650/month Unit 4: $250/month Unit 5A: $475/month Unit 5B: $500/month Cap Rate: 6.6%
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
1 | Bathroom | Main | 5.91' x 5.25' | 4-PieceBath |
2 | Kitchen | Main | 10.99' x 10.60' | |
1 4-Piece Bathroom on Main Floor | ||||
1 4-Piece Bathroom |
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Blakeley, Hamilton is a west GTA neighbourhood notable for its singles, renters, salespeople and tradespeople. Residents tend to be older with a significant number of babies and adults aged 25 to 44, 25 to 44, 25 to 44 and 25 to 44.
Kids Per Family
1.1
kids per family
in the neighbourhood.
58%
of residents are
single and loving it.
58% singles
Hamilton (46%)
61%
of residents
are renters.
61% renters
Hamilton (32%)
19%
of residents are
university grads.
19% university grads
Hamilton (28%)Average Household Income
$67K
is the average household
income in the neighbourhood.
Professions
Sales | 16% |
Trades | 12% |
Business | 7% |
Government | 6% |
Health | 5% |
17%
of residents were
born outside of Canada.
17% immigrants
Hamilton (25%)2.2% from Caribbean
All-time
0.2% from UK
Recent
Foreign Languages
French | 3% |
Polish | 2% |
Spanish | 1% |
Ukrainian | 1% |
Portuguese | 1% |
Religions
Christian | 69% |
Muslim | 1% |