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$879,900
Hamilton
217 Caroline Street South, Hamilton (Durand), Ontario, L8P3L5
This multi-family property in Hamilton is for sale offering roughly 2,250 sq ft of space.
Legal duplex in Hamilton's established Durand neighbourhood offering an excellent opportunity for an owner-occupier or investor. The spacious three-bedroom upper unit, extending across the second and third floors, is now vacant, creating an ideal opportunity to make it your own while generating supplemental income from the tenanted one-bedroom main-floor unit. The property features solid brick construction, forced air heating, central air conditioning, a full unfinished basement, and rear lane access with parking for multiple vehicles. Conveniently located close to downtown Hamilton, hospitals, public transit, parks, schools, shopping, and the many amenities of the surrounding neighbourhood. A versatile property offering the flexibility of home ownership with the added benefit of rental income. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 79 days on market, against an average age of 61 days across the listings currently for sale in this city
This 4-bed multi-family in Hamilton (Durand) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $879,900, about 15.2× the local median household income of $58,000.
Carrying it typically needs a household income of about $171,875 (20% down, 25-yr amortization, stress-tested) — roughly 196% above the area median.
Source: Statistics Canada, 2021 Census (FSA L8P)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.