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$750,000Asking Price

42 Florence St

Strathcona, Hamilton

Fourplex
5
Bedrooms
5
Baths
4
Parking
Days on Market

Exceptional investment opportunity in Hamilton's sought-after Strathcona neighborhood! This fully tenanted fourplex offers strong, consistent rental income with excellent cash flow potential. Located in a prime area near parks, schools, and transit, it ensures high rental demand and long-term appreciation. Investors will appreciate the steady returns and minimal vacancies. Located in a prime area near school, University, and parks. Showings require at least 48 hours' notice, and all tenants must be notified in advance.

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Exceptional investment opportunity in Hamilton's sought-after Strathcona neighborhood! This fully tenanted fourplex offers strong, consistent rental income with excellent cash flow potential. Located in a prime area near parks, schools, and transit, it ensures high rental demand and long-term appreciation. Investors will appreciate the steady returns and minimal vacancies. Located in a prime area near school, University, and parks. Showings require at least 48 hours' notice, and all tenants must be notified in advance.

Key Info

  • 3-Storey Fourplex
  • 4 Parking
  • No Garage
  • RAY/YORK BLVD
  • Forced Air Gas Heating
  • No A/C

Property

  • Taxes were $5,396 in 2024
  • Possession: FLEXIBLE

Details

  • Brick Exterior
  • No Fireplace
  • 4 Kitchens
  •  
  • MLS #X11989958
  • EXECUTIVE HOMES REALTY INC.

Extras

Room Floor Dimensions Details
Washroom1 3-Piece Bathroom on Main Floor
Washroom1 2-Piece Bathroom on Main Floor
Washroom1 3-Piece Bathroom on 2nd Floor
Washroom1 3-Piece Bathroom in Basement
Washroom1 3-Piece Bathroom in Basement

Who lives here?

Strathcona, Hamilton is a west GTA neighbourhood notable for its singles, renters, university grads 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 44.

Families

Kids Per Family

1.1

kids per family
in the neighbourhood.

Hamilton  (1.2)

Singles

60% of residents are
single and loving it.

60% singles

Hamilton (46%)

Renters

59% of residents
are renters.

59% renters

Hamilton (32%)

Education

36% of residents are
university grads.

36% university grads

Hamilton (28%)

Income

Average Household Income

$71K

is the average household
income in the neighbourhood.

Hamilton  ($106K)

Professions

Professions

Sales 13%
Government 9%
Business 8%
Trades 6%
Management 5%

Immigrants

33% of residents were
born outside of Canada.

33% immigrants

Hamilton (25%)

Birthplace - All

Vietnam was once home to 2.3% of immigrants.
UK 2.3%
Somalia 1.9%
Syria 1.6%
Philippines 1.6%

2.3% from Vietnam
All-time

Birthplace - Recent

Syria was once home to 0.4% of immigrants.
Philippines 0.3%
China 0.3%
Central Africa 0.2%
Somalia 0.2%

0.4% from Syria
Recent

Foreign Languages

Foreign Languages

Arabic 3%
Portuguese 3%
Somali 3%
Vietnamese 2%
French 2%

Religions

Religions

Christian 55%
Muslim 9%
Buddhist 3%
Sikh 1%