$700,000Asking Price
193 Burris St, Hamilton - Investment Property (Duplex + Rooms). A two-hydro-meter property configured as a 2-bedroom main-floor-plus-basement unit and a four-room upper unit, currently 100% occupied and generating $36,031 in NOI from strong in-place room income. The real opportunity is the immediate value-add: four of the five doors rent month-to-month, allowing rents to be reset to market on standard notice. Underpinning that cash flow is genuine land value in one of Hamilton's most sought-after, appreciating pockets, where nearby homes have sold well above $750,000 - including 197 Burris next door, which sold for $769,000. The result is an investment that combines solid room-level income today with meaningful upside and long-term exit optionality.
193 Burris St, Hamilton - Investment Property (Duplex + Rooms). A two-hydro-meter property configured as a 2-bedroom main-floor-plus-basement unit and a four-room upper unit, currently 100% occupied and generating $36,031 in NOI from strong in-place room income. The real opportunity is the immediate value-add: four of the five doors rent month-to-month, allowing rents to be reset to market on standard notice. Underpinning that cash flow is genuine land value in one of Hamilton's most sought-after, appreciating pockets, where nearby homes have sold well above $750,000 - including 197 Burris next door, which sold for $769,000. The result is an investment that combines solid room-level income today with meaningful upside and long-term exit optionality.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 2 2-Piece Bathrooms | ||||
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St. Clair, Hamilton is a west GTA neighbourhood notable for its singles, renters, education, law & public sector and arts & culture professionals and salespeople. Residents tend to be younger with a significant number of babies and adults aged 25 to 49 and 25 to 49.
Kids Per Family
1.1
kids per family
in the neighbourhood.
54%
of residents are
single and loving it.
54% singles
Hamilton (46%)
53%
of residents
are renters.
53% renters
Hamilton (32%)
27%
of residents are
university grads.
27% university grads
Hamilton (28%)Average Household Income
$77K
is the average household
income in the neighbourhood.
Professions
| Sales | 15% |
| Government | 9% |
| Trades | 9% |
| Business | 8% |
| Culture | 6% |
17%
of residents were
born outside of Canada.
17% immigrants
Hamilton (25%)1.9% from UK
All-time
0.3% from Cuba
Recent
Foreign Languages
| Spanish | 2% |
| Arabic | 2% |
| French | 2% |
| Polish | 1% |
| Italian | 1% |
Religions
| Christian | 47% |
| Hindu | 1% |
| Muslim | 1% |