Property Description

All-brick, three-unit income property on a wide lot in the St. Clair/Blakeley neighbourhood of south-central Hamilton, close to the escarpment. A legal duplex currently run as three self-contained apartments, with a 2026 City zoning certificate confirming triplex as a permitted use in the R1a zone. The main-floor unit has two bedrooms, living room, eat-in kitchen, 4-piece bath and hardwood floors, with a front porch and three separate entrances. The second-floor unit has two bedrooms, a living room opening to a front deck, a kitchen with access to the rear fire escape, 4-piece bath and hardwood. The third-floor unit is a self-contained one-bedroom with its own kitchen, living room and 4-piece bath. Approximately 2,427 square feet above grade across the three units. Original hot water radiator heat is paired with four ductless heat pumps, so every unit has its own modern heating and cooling. Private drive parks four. Unfinished basement with shared laundry and storage. Steadily improved over the years: windows and doors in 2011, eavestrough in 2016, furnace in 2017, roof and heat pumps in 2018, and a new water heater in 2026. Fully tenanted at $45,600 a year with rents below market, a clean value-add hold for the right investor. (id:7434)