1071 SOUTHCOTE Road, Hamilton, Ontario, L9G3L1

For saleJust listed

Today

$680K

1071 SOUTHCOTE Road, Hamilton, Ontario, L9G3L1

3 bd1 ba2 pk1,323 ft²

Listed by RE/MAX Escarpment Realty Inc.

80 MACLENNAN Avenue, Hamilton, Ontario, L8V1X6

For saleJust listed

Yesterday

$950K

80 MACLENNAN Avenue, Hamilton, Ontario, L8V1X6

6 bd4 ba2 pk2,896 ft²

62 BARNESDALE Avenue South, Hamilton, Ontario, L8M2V4

4 bd3 ba4 pk2,096 ft²

Listed by Re/Max Escarpment Realty Inc.

136 WARREN Avenue, Hamilton, Ontario, L9A3E1

For saleJust listed

Yesterday

$849K

136 WARREN Avenue, Hamilton, Ontario, L9A3E1

5 bd2 ba5 pk1,900 ft²

Listed by RE/MAX Escarpment Realty Inc.

Investment analysis

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$665,000

Hamilton

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$665,000

For sale

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441 WEST 5TH Street, Hamilton - Multi-family for Sale

441 WEST 5TH Street, Hamilton, Ontario, L9C3P5

5 beds3 baths5 parking1,034 ft²Listed 16 days ago

Overview

This multi-family property in Hamilton is for sale offering roughly 1,034 sq ft of space. It has been on the market 16 days, fresher than the Hamilton average of 65 days.

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

Description

FULLY RENOVATED, LEGAL DUPLEX (MAIN LEVEL 3 BED, 1.5 BATH) + (2 BED, 1 BATH BASEMENT) + FOUR PARKINGS! LOT SIZE 50' x 165' ft in Hamilton’s highly desirable Buchanan neighborhood. WELCOME TO 441 WEST 5TH STREET, HAMILTON, a beautifully updated property featuring a 3-bedroom, 2-bathroom main suite with laundry on the main level, 5 parking spaces, and a private, fully self-contained 2-bedroom, 1-bathroom basement unit complete with its own laundry and separate entrance. Located just a 1-minute drive or a short walk to Mohawk College, this prime location is in constant rental demand and offers quick access to schools, shopping, transit, parks, and major roadways. This property combines modern living, unmatched income potential, and a high-growth location to deliver one of Hamilton’s most exciting opportunities on the market today. (id:66096)

Property Details

MLS®: 40872404
Property Type: Multi-family
Zoning: R1
Bedrooms: 5
Bathrooms: 3
Parking: 5
Interior Size: 1,034 ft²
Frontage: 50 ft
Units: 2
Year Built: 1958
Storeys: 1
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage
Ownership: Freehold
Property Tax: $5,135.18/yr
Listed: 16 days ago

Features

Foundation: Block
Exterior: Brick, Aluminum siding

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

16d

Hamilton listings, avg age

65d

Price / ft²

$643

List price

$665K

Haho

This 5-bed multi-family in Hamilton has been listed for 16 days, which is 49 days fresher than the city average of 65. Act while there is still low competition.

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Listed by Century 21 Right Time Real Estate Inc. · SURJIT PABLAY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9C)

This home lists at $665,000, about 7.2× the local median household income of $92,000.

Carrying it typically needs a household income of about $129,898 (20% down, 25-yr amortization, stress-tested) — roughly 41% above the area median.

Median household income: $92,000
Population: 41,202
Median age: 41.2
Owner / renter: 71% / 29%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA L9C)

$665,000· $643/ft²

For sale

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Full Cost Breakdown

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Down Payment6.24% · $41,500

Min 6.24%50%

Mortgage payment$3,457/mo

↳ CMHC premium ($24,940 capitalized)

Property tax (est.)$428/mo

Total monthly$3,885

Cash Needed to Close

Down payment (6.24%)$41,500

Land transfer tax$9,775

Est. closing costs$4,495

Total cash needed$55,770

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