$825,000
Hamilton
270 Queen Street South, Hamilton (Kirkendall), Ontario, L8P3T3
This multi-family property in Hamilton is for sale offering roughly 2,750 sq ft of space.
The loveliest Victorian in one of Hamilton's most cherished neighbourhoods. Nestled in Kirkendall and bordering the Historic Durand neighbourhood, this triplex presents an exceptional opportunity to diversify your portfolio and invest in a timeless asset. All three units are above grade and currently occupied by A+++ tenants. The main floor offers a thoughtfully designed 1-bedroom suite featuring a spacious living room, high ceilings, separate dining room/den, 4pc bath, spacious kitchen, and walkout to a private 204 sq. ft. deck. The second-floor 1-bedroom unit is filled with natural light, and features a large combined living and dining area with decorative fireplace, plenty of storage in kitchen, and walkout to a 161 sq. ft. deck, an updated shower, high ceilings, and abundant Victorian charm. The third-floor 1-bedroom suite with living room and well-sized kitchen offers its own private deck with lovely westerly views. This 2.5-storey all-brick Victorian offers three outdoor decks, a rear fire escape, shared laundry, storage and utility space in the basement, and parking for three vehicles at the rear. Minimal exterior maintenance makes this an attractive option for busy investors, with original slate roof on the main structure and shingles on the rear addition. Ideally located within walking distance to Locke Street South shops, restaurants, cafés, parks, trails, excellent schools, and the Hamilton GO Centre, with easy cycling to McMaster University and close proximity to Hamilton's major hospitals. Building records dated April 8, 2019 indicate the recognized use as a three-family dwelling. Vendor advises that all City and Fire Department work orders have been completed to the satisfaction of the applicable inspectors. A rare opportunity to own a character-filled income property in one of Hamilton's most sought-after neighbourhoods. Come and see what all the fuss is about. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 141 days on market, against an average age of 48 days across the listings currently for sale in this city
This 3-bed multi-family in Hamilton (Kirkendall) 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 $825,000, about 14.2× the local median household income of $58,000.
Carrying it typically needs a household income of about $161,151 (20% down, 25-yr amortization, stress-tested) — roughly 178% above the area median.
Source: Statistics Canada, 2021 Census (FSA L8P)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.