$1,799,000Asking Price
Incredible investment opportunity in the heart of Hamilton's desirable Durand North neighbourhood! This legal fourplex is ideally located near hospitals, public transit, and the city's trendiest shops, restaurants, and amenities. Generating strong gross monthly rents of $8,280, the property features four separately metered units, each with its own hydro meter and tankless hot water heater. Tenants pay their own heat, hydro, and water, offering a low-maintenance and cost-efficient ownership structure. A private driveway leads to a rear parking lot, providing convenient off-street parking for residents. As an added bonus, enjoy six months of free professional property management - making this a turnkey opportunity for investors seeking value and steady income.
Incredible investment opportunity in the heart of Hamilton's desirable Durand North neighbourhood! This legal fourplex is ideally located near hospitals, public transit, and the city's trendiest shops, restaurants, and amenities. Generating strong gross monthly rents of $8,280, the property features four separately metered units, each with its own hydro meter and tankless hot water heater. Tenants pay their own heat, hydro, and water, offering a low-maintenance and cost-efficient ownership structure. A private driveway leads to a rear parking lot, providing convenient off-street parking for residents. As an added bonus, enjoy six months of free professional property management - making this a turnkey opportunity for investors seeking value and steady income.
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
1 2-Piece Bathroom | ||||
1 4-Piece Bathroom | ||||
1 4-Piece Bathroom | ||||
1 4-Piece Bathroom | ||||
1 2-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% |