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$674,999Asking Price

205 Prospect Street S, Hamilton, ON L8M 2Z6

Blakeley, Hamilton

Duplex
3
Bedrooms
3
Baths
2
Parking
Days on Market

Discover the perfect blend of comfort, style, and smart investment at 205 Prospect Street South, located just steps from vibrant Gage Park and the trendy shops, cafes, and amenities Hamilton's south end has to offer. This versatile, cash-flow-positive duplex is ideal for first-time buyers, or investors looking for a turnkey property. The main floor is currently rented for $1,845/month, while the upper two floors will be vacant as of January 2026 - move in and let your tenant help cover most of your mortgage! 2 self-contained units, each with its own kitchen and laundry City-approved driveway with parking for both tenants + ample street parking Shared backyard perfect for relaxing or entertaining. 200 Amps Service with 2 Separate hydro meters and 2 hot water tanks for easy tenant management Upgraded throughout - worry-free and move-in ready! 2021: New basement flooring New appliances (washer, dryer, stove, fridge, range hood, microwave) in lower unit New gas range and range hood in upper unit 2022: New furnace & A/C professionally installed by Archie Horn & Son (regular service with Shipton's) New flagstone-style driveway & front landscaping New eavestroughs New washer/dryer in upper unit With its great location, modern upgrades, and strong rental income, this home offers both comfort and long-term financial stability. Whether you're an owner-occupier seeking help with the mortgage or an investor looking for a low-maintenance, income-generating property, 205 Prospect St S is the perfect fit

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Tour this home:

Discover the perfect blend of comfort, style, and smart investment at 205 Prospect Street South, located just steps from vibrant Gage Park and the trendy shops, cafes, and amenities Hamilton's south end has to offer. This versatile, cash-flow-positive duplex is ideal for first-time buyers, or investors looking for a turnkey property. The main floor is currently rented for $1,845/month, while the upper two floors will be vacant as of January 2026 - move in and let your tenant help cover most of your mortgage! 2 self-contained units, each with its own kitchen and laundry City-approved driveway with parking for both tenants + ample street parking Shared backyard perfect for relaxing or entertaining. 200 Amps Service with 2 Separate hydro meters and 2 hot water tanks for easy tenant management Upgraded throughout - worry-free and move-in ready! 2021: New basement flooring New appliances (washer, dryer, stove, fridge, range hood, microwave) in lower unit New gas range and range hood in upper unit 2022: New furnace & A/C professionally installed by Archie Horn & Son (regular service with Shipton's) New flagstone-style driveway & front landscaping New eavestroughs New washer/dryer in upper unit With its great location, modern upgrades, and strong rental income, this home offers both comfort and long-term financial stability. Whether you're an owner-occupier seeking help with the mortgage or an investor looking for a low-maintenance, income-generating property, 205 Prospect St S is the perfect fit

Key Info

  • 3-Storey Duplex
  • 2 Parking
  • No Garage
  • Prospect & Maplewood Ave
  • 1500-2000 Approximate Sq Feet
  • 100+ Years Approximate Age
  • No Ensuite Laundry
  • Forced Air Electric Heating
  • Central Air

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $3,907 in 2025
  • Possession: Flexible

Details

  • Brick Exterior
  • No Fireplace
  • 2 Kitchens
  •  
  • MLS #X12547276
  • iCloud Realty Ltd.

Extras

Room Floor Dimensions Details
1 Kitchen Main 9.68' x 9.68'
2 Bathroom Main 6.99' x 5.35'
3 Foyer Main 13.25' x 4.00'
4 Laundry Lower 14.76' x 11.42'
Washroom1 3-Piece Bathroom on Main Floor
Washroom1 3-Piece Bathroom
Washroom1 2-Piece Bathroom

Who lives here?

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.

Families

Kids Per Family

1.1

kids per family
in the neighbourhood.

Hamilton  (1.2)

Singles

58% of residents are
single and loving it.

58% singles

Hamilton (46%)

Renters

61% of residents
are renters.

61% renters

Hamilton (32%)

Education

19% of residents are
university grads.

19% university grads

Hamilton (28%)

Income

Average Household Income

$67K

is the average household
income in the neighbourhood.

Hamilton  ($106K)

Professions

Professions

Sales 16%
Trades 12%
Business 7%
Government 6%
Health 5%

Immigrants

17% of residents were
born outside of Canada.

17% immigrants

Hamilton (25%)

Birthplace - All

Caribbean was once home to 2.2% of immigrants.
Poland 1.9%
UK 1.6%
Jamaica 1.5%
Portugal 1.1%

2.2% from Caribbean
All-time

Birthplace - Recent

UK was once home to 0.2% of immigrants.
Jamaica 0.2%
USA 0.1%
Poland 0.1%
Ethiopia 0.1%

0.2% from UK
Recent

Foreign Languages

Foreign Languages

French 3%
Polish 2%
Spanish 1%
Ukrainian 1%
Portuguese 1%

Religions

Religions

Christian 69%
Muslim 1%