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$2,299,000Asking Price

291 East 38th Street, Hamilton, ON L8V 4G2

Raleigh, Hamilton

Multiplex
8
Bedrooms
9
Baths
9
Parking
Day on Market

Ideal investment opportunity in a prime location Hamilton's vibrant central mountain! This high-exposure corner property offers tremendous potential for future growth. Featuring 8 beautifully maintained 1-bedroom units and 1 bachelor suite, the building showcases stunning terrazzo hallways and stairwells. Between 2019 and 2023, the property was extensively renovated with a new roof, new windows, an upgraded boiler, and updated kitchens and bathrooms. Includes 9 dedicated parking spots. Conveniently located near public transit, shopping, and essential amenities.

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Tour this home:

Ideal investment opportunity in a prime location Hamilton's vibrant central mountain! This high-exposure corner property offers tremendous potential for future growth. Featuring 8 beautifully maintained 1-bedroom units and 1 bachelor suite, the building showcases stunning terrazzo hallways and stairwells. Between 2019 and 2023, the property was extensively renovated with a new roof, new windows, an upgraded boiler, and updated kitchens and bathrooms. Includes 9 dedicated parking spots. Conveniently located near public transit, shopping, and essential amenities.

  OPEN HOUSE

Key Info

  • 3-Storey Multiplex
  • 4+ Parking
  • No Garage
  • Fennell Ave E & Upper Gage Ave
  • 3500-5000 Approximate Sq Feet
  • No Ensuite Laundry
  • Radiant Gas Heating
  • No A/C

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $18,254 in 2024
  • Possession: TBA

Details

  • Brick Exterior
  • No Fireplace
  • 9 Kitchens
  •  
  • MLS #X12119785
  • ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Extras

Room Floor Dimensions Details
Washroom9 4-Piece Bathrooms
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Schools
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Public Catholic French
Primary
Middle
Secondary
Primary
Middle
Secondary
French Immersion Public
Commute

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50
This property has a poor transit score.
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Amenities
85
This property has a high walk score.
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0 Dog Parks
0 Daycares
3 Groceries 99 Cent Depot Stoney Creek, Metro, FreshCo
6 Coffee Spots Tim Hortons, Biggies Ice Cream, Tim Hortons
44 Restaurant/Bars Alfredo's Place, Kabab Paradise, La Bakeri
14 Park/Rec/Gyms Blessed Sacrament Basketball Club, Curves, The Gym on Fennell
2 Hospitals We Care Rehab Clinic, Hamilton Health Sciences
1 Library Hamilton Public Library
18 Places of Worship Blessed Sacrament Parish, Saint Thomas the Apostle Chaldean, Japanese United Church
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Who lives here?

Raleigh, Hamilton is a west GTA neighbourhood notable for its singles, renters, salespeople and tradespeople. Residents tend to be older with a significant number of adults aged 25 to 39, 25 to 39, 25 to 39 and 25 to 39 and seniors aged 65 to 74.

Families

Kids Per Family

0.9

kids per family
in the neighbourhood.

Hamilton  (1.2)

Singles

53% of residents are
single and loving it.

53% singles

Hamilton (46%)

Renters

46% of residents
are renters.

46% renters

Hamilton (32%)

Education

18% of residents are
university grads.

18% university grads

Hamilton (28%)

Income

Average Household Income

$73K

is the average household
income in the neighbourhood.

Hamilton  ($106K)

Professions

Professions
Sales 18%
Trades 11%
Business 7%
Government 7%
Health 6%

Immigrants

17% of residents were
born outside of Canada.

17% immigrants

Hamilton (25%)

Birthplace - All

Philippines was once home to 2.8% of immigrants.
UK 2.8%
Iraq 1.6%
Italy 1.0%
Syria 1.0%

2.8% from Philippines
All-time

Birthplace - Recent

Iraq was once home to 0.4% of immigrants.
Philippines 0.4%
Syria 0.2%
Jamaica 0.1%
Columbia 0.1%

0.4% from Iraq
Recent

Foreign Languages

Foreign Languages
Tagalog 2%
Spanish 2%
Arabic 1%
French 1%
Italian 1%

Religions

Religions
Christian 68%
Muslim 3%
Buddhist 1%