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$1,299,900Asking Price

2696 UPPER JAMES Street, Hamilton, ON L0R 1W0

Airport Employment Area, Hamilton

Detached
5
Bedrooms
2
Baths
7
Parking
Days on Market

Prime investment, personal residence, or development opportunity. This spacious and versatile 5-bedroom, 2-bathroom home offers exceptional potential for investors, multi-generational families, or homeowners looking to maximize value. With two full kitchens and two large living rooms, the layout is ideal for rental income, personal use, or extended family living. Situated on an impressive 96 x 429-foot lot, the property provides not only space and privacy but also significant development potential. Whether you're considering future severance, additional dwelling units, or redevelopment (buyer to verify), the lot size opens the door to a wide range of possibilities. Currently leased to AAA tenants, the property generates over $8,000 per month in rental income, which includes revenue from the rear portion of the lot that is also leased. With less than a year remaining on the lease, new ownership will enjoy both strong cash flow and flexibility to pursue future plans. Located close to all major amenities, including shopping, schools, parks, and public transit, this property offers the perfect balance of income, space, and long-term potential. Whether you're looking to invest, live in, or develop, this is a rare opportunity you won't want to miss.

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Prime investment, personal residence, or development opportunity. This spacious and versatile 5-bedroom, 2-bathroom home offers exceptional potential for investors, multi-generational families, or homeowners looking to maximize value. With two full kitchens and two large living rooms, the layout is ideal for rental income, personal use, or extended family living. Situated on an impressive 96 x 429-foot lot, the property provides not only space and privacy but also significant development potential. Whether you're considering future severance, additional dwelling units, or redevelopment (buyer to verify), the lot size opens the door to a wide range of possibilities. Currently leased to AAA tenants, the property generates over $8,000 per month in rental income, which includes revenue from the rear portion of the lot that is also leased. With less than a year remaining on the lease, new ownership will enjoy both strong cash flow and flexibility to pursue future plans. Located close to all major amenities, including shopping, schools, parks, and public transit, this property offers the perfect balance of income, space, and long-term potential. Whether you're looking to invest, live in, or develop, this is a rare opportunity you won't want to miss.

Key Info

  • Bungalow Detached
  • 6-Car Driveway
  • 1-Car Detached Garage
  • UPPER JAMES ST & ENGLISH CHURCH RD E
  • 1500-2000 Approximate Sq Feet
  • Basement: Full, Unfinished
  • 2 Kitchens
  • Forced Air Gas Heating
  • Central Air

Property

  • Lot Size 95.81 x 429.08 Feet
  • Vinyl Siding Exterior
  • Taxes were $4,200 in 2024
  • Possession: FLEXIBLE

Details

  • No Fireplace
  • Family Room
  • Sewers
  • Municipal Water
  •  
  • MLS #X12313251
  • RE/MAX ESCARPMENT FRANK REALTY

Extras

Room Floor Dimensions Details
1 Kitchen Main 8.99' x 6.89'
2 Kitchen Main 8.01' x 6.89'
Washroom2 4-Piece Bathrooms on Main Floor

Who lives here?

Airport Employment Area, Hamilton is a west GTA neighbourhood notable for its university grads, executives, business professionals, salespeople, tradespeople and natural resources & agriculture workers. It has a higher than average population of immigrants, particularly those from Netherlands. Residents tend to be younger with a significant number of babies, kids aged 5 to 14, youth aged 15 to 19 and adults aged 40 to 54.

Families

Kids Per Family

1.2

kids per family
in the neighbourhood.

Hamilton  (1.2)

Singles

33% of residents are
single and loving it.

33% singles

Hamilton (46%)

Renters

3% of residents
are renters.

3% renters

Hamilton (32%)

Education

32% of residents are
university grads.

32% university grads

Hamilton (28%)

Income

Average Household Income

$463K

is the average household
income in the neighbourhood.

Hamilton  ($106K)

Professions

Professions

Sales 18%
Trades 12%
Business 10%
Management 9%
Government 7%

Immigrants

28% of residents were
born outside of Canada.

28% immigrants

Hamilton (25%)

Birthplace - All

Netherlands was once home to 5.4% of immigrants.
India 3.5%
Portugal 2.9%
Iran 2.3%
Hungary 1.9%

5.4% from Netherlands
All-time

Birthplace - Recent

Morocco was once home to 1.2% of immigrants.
Tunisia 0.1%

1.2% from Morocco
Recent

Foreign Languages

Foreign Languages

Dutch 2%
Italian 1%
Serbian 1%
Portuguese 1%
Punjabi 1%

Religions

Religions

Christian 87%
Muslim 2%
Hindu 1%
Sikh 1%