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Property Description
Investor Alert! Welcome to 49 Proctor Ave! This HUGE 3200sq ft LEGAL DUPLEX has a TON of potential! Projected Gross rents of 5500/month makes this home an amazing Cashflow opportunity. Home has great bones with lots of character. The basement has ceilings over 8' high, and would be perfect for adding another unit and turning this home into a legal Triplex! (there is already a separate entrance). Units are as follows: Main Floor - 2 bedroom/1 bath unit with a large living/dining rm. Upper Unit - 5 bed / 2 bath (over two floors). Basement is partially finished and used for storage/laundry. The Location is amazing, with everything in close proximity, and just steps to Main/King bus and future LRT stop. Perfect home for investors, or those looking to live in one unit and rent out the others! **INTERBOARD LISTING: CORNERSTONE ASSOCIATION OF REALTORS**
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Nearby Intersections
Property Features
Library, Park, Public Transit, Rec./Commun.Centre, None, Front Yard Parking
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Property Details
Address
49 Proctor Boulevard
Community
City
Postal Code
L8M 2M5
Property Type
Duplex, Duplex
Lot Size
37' x 95'
Taxes
$5,721 (2025
Basement
Finished, Full, Separate Entrance
Heat Type
Radiant
Heat Source
Gas
Water
Municipal
Parking Spaces
1
Garage Type
None
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Listing contracted with Rock Star Real Estate Inc.
THE ULTIMATE HOUSE HACK OR TURNKEY INVESTMENT! This exceptional property features two separate, legal homes on one lot, situated just steps from the vibrant shops and restaurants of Ottawa Street. The front residence is aspacious 2.5-story home offering 4 bedrooms, 1.5 baths, and a full basement. It has been extensively modernized with a2026 refresh including a new kitchen with stainless appliances, updated flooring, trim, interior doors, and lighting, plus new exterior soffits, eaves, and fascia. The rear home is a 2-story dwelling with 3 bedrooms, 1.5 baths, and a finished basement featuring a secondary living room. Recent updates to the back house include a high-efficiency heat pump and AC (2023) and new main floor flooring and paint (2026). Outdoor highlights include a long 3-car driveway and a fully fenced backyard, perfect for privacy between units. Both homes are equipped with their own basements and separate gas and hydro meters, ensuring tenants pay their own utilities. Live in one and let the other pay your mortgage, or rent both in this prime Hamilton location!
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A RARE opportunity to own a home that can help pay for itself - right in the heart of Cork town. Newly renovated and thoughtfully designed, this unique property offers two fully self-contained living spaces under one ownership - ideal for those looking to live in one unit while generating income from the other, accommodate extended family, or invest in a flexible asset. Each unit features 3 bedrooms, 2 bathrooms, laundry rooms, and a full-sized kitchen, along with separate hydro and gas meters - offering true independence and functionality on both sides. Finished with luxury vinyl flooring, stainless steel appliances, pot lights, and quartz countertops throughout. Set directly across from an elementary school, the home benefits from a strong sense of community and everyday convenience, while being just minutes to downtown Hamilton, the GO Station, and a short walk to St. Joseph's Hospital. Enjoy nearby cafes, restaurants along Augusta Street, and easy access to Cork town Park, trails, and escarpment views - creating a balance between urban living and natural surroundings. Located in Cork town, one of the city's most walkable and evolving neighbourhoods, this is a location that continues to attract buyers seeking both lifestyle and long-term value. Whether you're a homeowner looking for added financial flexibility or an investor searching for a well-located, turn-key opportunity - this is a property that offers more than just a place to live. It offers options.
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Attention 1st time buyers, savvy Investors & Multi-Generational Homebuyers. Discover a rare, turnkey home ideal for 1st time buyers, large families , investment opportunity with this newly and fully renovated duplex, built with premium workmanship . This property sits completely vacant and is ready to generate premium market rents from day one. Property Highlights: Turnkey Rental Income: High rental potential of up to estimated $5,500/ per month ( estimated upwards of $66,000+/year).Separate Unit(s): Features separate entrances, separate laundries, and independent living spaces. Generous Layout: Total of 5+1 bedrooms and 5 bathrooms featuring luxury standing showers. Premium Luxury Finishes: Brand-new flooring, custom kitchens with quartz countertops, high-end appliances, custom glass railings, large windows with new zebra blinds across the entire house and fully restored exterior brickwork. Never lived in post-renovation! 2 separate electrical meters and panels. Brand-new plumbing including replacing/ upgrading to 1"inch copper main supply line . Built to strict permit standards , new doors, trim work, moldings, stainless steel appliances. Security: 24/7 hardwired internal/external HD security camera system (lobby and exterior) and built-in alarm system accessible via mobile app, exterior motion senser light(s), dawn to dusk lights installed. Parking: Dedicated driveway parking for 2 vehicles back-to-back ( tandem) New paint across the house. Glass railings in lobby area, main level unit, and upper-level unit. Custom high-end finishes , unique modern style foyer entrance lobby area. New bathrooms Separate stake able laundry in upper level and main level unit. Hot water rental . Furnace own. Sprinkler system installed in the mechanical area, duct motion senser installed, inspected & tested during home inspections.
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