$849,000
Hamilton
228 East 25th Street, Hamilton (Eastmount), Ontario, L8V3A5
This multi-family property in Hamilton is for sale offering roughly 1,750 sq ft of space. It has been on the market 19 days, fresher than the Hamilton average of 61 days.
Welcome to this extensively renovated detached duplex in Hamilton's desirable Eastmount neighbourhood, offering an exceptional opportunity for investors, multi-generational families or buyers seeking additional rental income. Situated on a generous 50 x 107.33 ft lot, this versatile property features two spacious, self-contained units with separate entrances and metered utilities. The vacant main-floor unit offers three bedrooms, a full bathroom, kitchen and living room, providing an excellent opportunity for owner occupancy or rental income. The currently tenanted upper-level unit features two bedrooms, a full bathroom, kitchen, living room and access to a rooftop deck, providing an existing income stream. The unfinished basement offers additional space and potential for future development or a third unit, subject to municipal approvals. Extensively upgraded since 2022, improvements include new electrical wiring and upgraded panels, plumbing, kitchens, bathrooms, subfloors and flooring throughout. Additional upgrades include new garage doors, roofing over the garage and rooftop deck and brand-new main house shingles in 2026. Complete with a detached double garage, private double-wide driveway, central air conditioning and forced-air gas heating, this property combines modern updates with excellent functionality. An exceptional opportunity to own an extensively updated duplex with immediate occupancy potential, existing rental income and future development possibilities in an established Hamilton neighbourhood! (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Active: 19 days on market, against an average age of 61 days across the listings currently for sale in this city
This 5-bed multi-family in Hamilton (Eastmount) has been listed for 19 days, which is 42 days fresher than the city average of 61. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $849,000, about 12.4× the local median household income of $68,500.
Carrying it typically needs a household income of about $165,839 (20% down, 25-yr amortization, stress-tested) — roughly 142% above the area median.
Source: Statistics Canada, 2021 Census (FSA L8V)
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