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$1,750,000Asking Price

28 Burris Street, Hamilton, ON L8M 2J3

Gibson, Hamilton

Fourplex
9
Bedrooms
5
Baths
4
Parking
Day on Market

Presenting a lucrative investment: a fully renovated house with exquisite apartments. With two spacious 2-bedroom 1 bath apartments and a luxurious 3-bedroom 1.5 bath unit along with an extra large (1200sf) 2 bed+den 1,5 bath unit. This is a prime opportunity to extend your portfolio and maximize your profits. No expense has been spared in creating modern, stylish living spaces that tenants will be eager to call home. The 2-3 bedroom apartments have been optimized for comfort and functionality. Tenants will appreciate the well-appointed kitchens, equipped with stainless steel appliances. The bedrooms offer a tranquil retreat, while the bathrooms showcase impeccable craftsmanship and attention to detail. The property also provides 4 parking spaces. Strategically located near future LRT, schools, parks, shopping centers and public transportation, this property ensures high demand from potential tenants. Full unfinished basement with over 1,200sqft, offering additional space for development, preliminary studies (attached) for a 6-plex were made.

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Tour this home:

Presenting a lucrative investment: a fully renovated house with exquisite apartments. With two spacious 2-bedroom 1 bath apartments and a luxurious 3-bedroom 1.5 bath unit along with an extra large (1200sf) 2 bed+den 1,5 bath unit. This is a prime opportunity to extend your portfolio and maximize your profits. No expense has been spared in creating modern, stylish living spaces that tenants will be eager to call home. The 2-3 bedroom apartments have been optimized for comfort and functionality. Tenants will appreciate the well-appointed kitchens, equipped with stainless steel appliances. The bedrooms offer a tranquil retreat, while the bathrooms showcase impeccable craftsmanship and attention to detail. The property also provides 4 parking spaces. Strategically located near future LRT, schools, parks, shopping centers and public transportation, this property ensures high demand from potential tenants. Full unfinished basement with over 1,200sqft, offering additional space for development, preliminary studies (attached) for a 6-plex were made.

Key Info

  • 3-Storey Fourplex
  • 4 Parking
  • No Garage
  • King or Main and Burris
  • 3500-5000 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 $7,800 in 2024

Details

  • Brick Exterior
  • No Fireplace
  • 4 Kitchens
  •  
  • MLS #X12294817
  • CITY BROKERAGE

Extras

Room Floor Dimensions Details
1 Den Main 10.99' x 9.02'
Washroom1 4-Piece Bathroom on Main Floor
Washroom1 2-Piece Bathroom on Main Floor
Washroom2 4-Piece Bathrooms
Washroom1 4-Piece Bathroom

Who lives here?

Gibson, Hamilton is a west GTA neighbourhood notable for its singles, renters and salespeople. It has a higher than average population of immigrants. Residents tend to be younger with a significant number of babies, kids aged 5 to 14, youth aged 20 to 24 and adults aged 25 to 44.

Families

Kids Per Family

1.5

kids per family
in the neighbourhood.

Hamilton  (1.2)

Singles

62% of residents are
single and loving it.

62% singles

Hamilton (46%)

Renters

65% of residents
are renters.

65% renters

Hamilton (32%)

Education

15% of residents are
university grads.

15% university grads

Hamilton (28%)

Income

Average Household Income

$56K

is the average household
income in the neighbourhood.

Hamilton  ($106K)

Professions

Professions

Sales 16%
Trades 8%
Business 5%
Manufacturing 4%
Government 4%

Immigrants

27% of residents were
born outside of Canada.

27% immigrants

Hamilton (25%)

Birthplace - All

Syria was once home to 2.3% of immigrants.
Caribbean 2.0%
Portugal 1.5%
Vietnam 1.4%
Philippines 1.4%

2.3% from Syria
All-time

Birthplace - Recent

Somalia was once home to 0.7% of immigrants.
Syria 0.7%
Other Eastern Africa 0.3%
Vietnam 0.3%
Eritrea 0.3%

0.7% from Somalia
Recent

Foreign Languages

Foreign Languages

Arabic 3%
Vietnamese 3%
Spanish 2%
French 2%
Somali 2%

Religions

Religions

Christian 55%
Muslim 4%
Buddhist 2%
Hindu 1%