208 Holton Avenue South, Hamilton (St. Clair), Ontario, L8M2L7

For sale

7 days ago

$700K

208 Holton Avenue South, Hamilton (St. Clair), Ontario, L8M2L7

5 bd3 ba4 pk2,250 ft²Lot size 40 × 79 ft (3,148 sq ft)

Listed by SUTTON GROUP INNOVATIVE REALTY INC.

193 Burris Street, Hamilton (St. Clair), Ontario, L8M2J7

For sale

124 days ago

$580K

193 Burris Street, Hamilton (St. Clair), Ontario, L8M2J7

4 bd2 ba1 pk1,300 ft²Lot size 20 × 100 ft (2,020 sq ft)

147 Holton Avenue, Hamilton (St. Clair), Ontario, L8M2L6

7 bd4 ba2 pkLot size 40 × 80 ft (3,200 sq ft)

Listed by HOMELIFE SILVERCITY REALTY INC.

Investment analysis

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$689,900

Hamilton

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Overview

This multi-family property in Hamilton is for sale offering roughly 2,750 sq ft of space. It has been on the market 12 days, fresher than the Hamilton average of 49 days.

Multi-Family Properties for Sale in Hamilton →All real estate in Hamilton →

Description

Excellent opportunity in Hamilton's established St. Clair neighbourhood! This tenanted duplex offers outstanding versatility for investors, multi-generational families, or buyers looking to offset their mortgage with rental income. The main floor apartment features 2 bedrooms, while the upper unit spans the second and third floors and offers 3 bedrooms. The basement features a separate entrance, providing additional possibilities. The property also includes a detached garage. The home could potentially be converted back to a single-family residence, offering flexibility to suit a variety of needs. Enjoy a convenient location close to public transit, shopping, schools, St. Peter's Hospital and Gage Park, with many everyday amenities nearby. The neighbourhood's established residential character and access to local services add to its appeal. A property with multiple living options and exciting potential for investors or homeowners looking to make the most of their investment! (id:66096)

Property Details

MLS®: X14110264
Property Type: Multi-family
Zoning: R1A
Bedrooms: 5
Beds (above / below): 5 above · 0 below
Bathrooms: 3
Parking: 3
Interior Size: 2,750 ft²
Lot Size: 45 × 104 ft (4,680 sq ft)
Frontage: 45 ft
Storeys: 2
Basement: Partially finished, Full
Heating: Radiant heat, Forced air, Natural gas
Cooling: None
Garage: Detached Garage, Garage
Property Tax: $6,587.1/yr
Listed: 12 days ago

Rooms

Third level

Bedroom: 4.36 x 2.97 meters
Bedroom: 4.45 x 3.4 meters

Basement

Other: 3.05 x 6.02 meters
Other: 3 x 3.94 meters
Cold room: 2.61 x 2.58 meters
Furnace: 3.32 x 1.6 meters
Laundry room: 3.33 x 5.57 meters

Main level

Dining room: 4.65 x 4.03 meters
Kitchen: 3.38 x 4.03 meters
Bedroom: 3.13 x 4.1 meters
Bedroom: 2.55 x 3.16 meters
Den: 3.79 x 2.72 meters

Second level

Living room: 3.68 x 3.81 meters
Kitchen: 3.53 x 4.75 meters
Bedroom: 3.85 x 3.84 meters
Den: 3.79 x 2.72 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Area context

Neighbourhood profile (L8M)

This home lists at $689,900, about 11.3× the local median household income of $61,200.

Carrying it typically needs a household income of about $134,762 (20% down, 25-yr amortization, stress-tested) — roughly 120% above the area median.

Median household income: $61,200
Population: 13,774
Median age: 38.4
Owner / renter: 40% / 60%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA L8M)

$689,900· $251/ft²

For sale

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Full Cost Breakdown

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Down Payment6.38% · $43,990

Min 6.38%50%

Mortgage payment$3,581/mo

↳ CMHC premium ($25,836 capitalized)

Property tax (est.)$549/mo

Total monthly$4,130

Cash Needed to Close

Down payment (6.38%)$43,990

Land transfer tax$10,273

Est. closing costs$4,570

Total cash needed$58,833

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194 Delaware Avenue, Hamilton (St. Clair) - Multi-family for Sale

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