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$1,549,000Asking Price

188-190 Caroline Street S, Hamilton, ON L8P 3L2

Durand, Hamilton

Fourplex
7
Bedrooms
5
Baths
4
Parking
Day on Market

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.

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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.

Key Info

  • 2-Storey Fourplex
  • 4 Parking
  • No Garage
  • Duke St
  • 3000-3500 Approximate Sq Feet
  • 100+ Years Approximate Age
  • 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 $7,785 in 2025
  • Possession: Flexible

Details

  • Brick Exterior
  • No Fireplace
  • 4 Kitchens
  •  
  • MLS #X12380248
  • KELLER WILLIAMS COMPLETE REALTY

Extras

Room Floor Dimensions Details
Washroom1 2-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom on Main Floor
Washroom2 4-Piece Bathrooms
Washroom1 3-Piece Bathroom

Who lives here?

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.

Families

Kids Per Family

0.6

kids per family
in the neighbourhood.

Hamilton  (1.2)

Singles

64% of residents are
single and loving it.

64% singles

Hamilton (46%)

Renters

81% of residents
are renters.

81% renters

Hamilton (32%)

Education

42% of residents are
university grads.

42% university grads

Hamilton (28%)

Income

Average Household Income

$64K

is the average household
income in the neighbourhood.

Hamilton  ($106K)

Professions

Professions

Sales 14%
Government 11%
Business 8%
Health 7%
Trades 5%

Immigrants

27% of residents were
born outside of Canada.

27% immigrants

Hamilton (25%)

Birthplace - All

UK was once home to 2.2% of immigrants.
Philippines 1.7%
Syria 1.6%
Caribbean 1.4%
China 1.2%

2.2% from UK
All-time

Birthplace - Recent

Syria was once home to 0.9% of immigrants.
Iran 0.7%
China 0.4%
Philippines 0.2%
India 0.2%

0.9% from Syria
Recent

Foreign Languages

Foreign Languages

Arabic 4%
Spanish 2%
French 2%
Mandarin 2%
Persian 2%

Religions

Religions

Christian 63%
Muslim 5%
Jewish 2%
Buddhist 1%