$1,549,000Asking Price
Rare & lucrative investment opportunity in Hamilton's prestigious Durand neighbourhood! This character-filled legal 4-plex, built in 1875, delivers strong cash flow with $91,896 in annual rental income - a solid addition to any investor's portfolio. Set on a charming tree-lined street, the property features 4-car rear parking, re-built parapet walls and chimney, and an upgraded 3/4" copper water line - a significant infrastructure improvement. Each unit showcases its own unique charm, attracting quality tenants and ensuring consistent demand. Unbeatable location within walking distance to Locke St S, James St S, Hess Village, St. Josephs Hospital, downtown Hamilton, public transit, parks, and schools. This is a high-demand rental area with excellent long-term appreciation potential. Turnkey income, prime location, and timeless architecture - an investment that truly checks all the boxes.
Rare & lucrative investment opportunity in Hamilton's prestigious Durand neighbourhood! This character-filled legal 4-plex, built in 1875, delivers strong cash flow with $91,896 in annual rental income - a solid addition to any investor's portfolio. Set on a charming tree-lined street, the property features 4-car rear parking, re-built parapet walls and chimney, and an upgraded 3/4" copper water line - a significant infrastructure improvement. Each unit showcases its own unique charm, attracting quality tenants and ensuring consistent demand. Unbeatable location within walking distance to Locke St S, James St S, Hess Village, St. Josephs Hospital, downtown Hamilton, public transit, parks, and schools. This is a high-demand rental area with excellent long-term appreciation potential. Turnkey income, prime location, and timeless architecture - an investment that truly checks all the boxes.
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
1 2-Piece Bathroom on Main Floor | ||||
1 4-Piece Bathroom on Main Floor | ||||
2 4-Piece Bathrooms | ||||
1 3-Piece Bathroom |
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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% |