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$739,900
Hamilton
41 SPRING Street, Hamilton, Ontario, L8N2P2
This multi-family property in Hamilton is for sale offering roughly 1,860 sq ft of space. It has been on the market 50 days, fresher than the Hamilton average of 65 days.
A rare opportunity to own a substantially updated, income-producing property in Hamilton’s highly connected Corktown neighbourhood. Featuring three self-contained units, including two 2-bedroom units and one 1-bedroom unit, each with its own private entrance, this property offers exceptional flexibility for the savvy investor. Major improvements provide peace of mind, including basement waterproofing with a 25-year warranty and a new sump pump, a roof replaced in 2017, and a new water heater installed in 2024. With approximately 1,860 sq. ft. of finished living space, solid brick construction and a full finished basement with separate entrance, the property combines character with practical modern updates. Located on a quiet, tree-lined street, you’re just moments from Main Street, transit, shops, parks and the many amenities of downtown Hamilton. Whether you're expanding your portfolio or looking for a property that is ready to perform from day one, this is an opportunity worth seeing. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 50 days on market, against an average age of 65 days across the listings currently for sale in this city
This 5-bed multi-family in Hamilton has been listed for 50 days, which is 15 days fresher than the city average of 65. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $739,900, about 13.5× the local median household income of $54,800.
Carrying it typically needs a household income of about $144,528 (20% down, 25-yr amortization, stress-tested) — roughly 164% above the area median.
Source: Statistics Canada, 2021 Census (FSA L8N)
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Loading rates, 30-yr amortization
Cash Needed to Close
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