105 Cheever Street
Industrial Sector, Hamilton, L8L 5R8
FOR SALE
$424,900
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5
BEDROOMS 2
BATHROOMS 2
KITCHENS 7
ROOMS X13228014
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Property Description
Welcome to this fully tenanted 2.5-storey semi-detached duplex in a convenient Hamilton location, offering excellent value at an accessible price point. With two self-contained units already in place, this property presents a strong opportunity for buyers looking to enter the investment market, offset future carrying costs, or secure a multi-unit property with built-in rental income. Unit 1 is located on the main floor, features 2 bedrooms, and is currently rented for $1,525 per month, with access from Burton Street as well as a convenient side entrance from the rear driveway. Unit 2 is accessed from Burton Street and spans the upper levels, offering its own laundry, second-floor living space, and a third-floor/attic area with 1 bedroom on the main upper level and 2 additional bedrooms above, currently rented for $1,799 per month. Together, the property generates a Net Operating Income of approximately $30,969 annually, making it a compelling option for buyers seeking affordability, income support, and long-term upside. The unfinished basement provides useful storage and future potential. Ideally located near Hamilton General Hospital, parks, the library, restaurants, transit, and everyday amenities, this property offers strong value in a central Hamilton neighbourhood.
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2011-11-09 | 2012-04-05 | 148 | $134,000 | $123,000 |
Nearby Intersections
Property Features
Hospital, Library, Public Transit, Rec./Commun.Centre, School, None, Private
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Property Details
Address
105 Cheever Street
Community
City
Postal Code
L8L 5R8
Property Type
Duplex, Duplex
Lot Size
20' x 60'
Taxes
$3,924 (2026
Basement
Unfinished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
1
Garage Type
None
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Listing contracted with Real Broker Ontario Ltd.
Step into the charm of this solid brick 2.5-storey home, built in 1911, brimming with character and ready for your personal touch. The enclosed front porch offers a warm welcome and showcases the home's timeless appeal. Inside, you'll find a spacious layout with generous bedrooms on the second floor and a bright 4-piece bathroom. The third floor adds two additional bedrooms, perfect for guests, a home office, or creative space. The kitchen opens to a private backyard, providing the ideal setting for future gardens or outdoor entertaining. A separate side entrance leads to the unfinished basement, which includes an existing bathroom, offering excellent potential for additional living space. The surrounding neighbourhood is undergoing exciting revitalization, with **brand-new sewer infrastructure installed on the street** and a new City bus stop planned directly in front of the home, adding everyday convenience. The property is also located just minutes from the future Hamilton LRT corridor, providing easy access to one of the city's most significant transit and infrastructure investments. The Hamilton LRT will connect McMaster University to Eastgate Square via Main Street, King Street and Queenston Road, further enhancing connectivity and supporting long-term neighbourhood growth. An added convenience is the availability of a **detached garage and one additional parking space**, both of which are **currently rented for $200 per month** through a separate rental arrangement. These are **not included with the property** but may be available for the buyer to continue renting, subject to the existing arrangement. Rich in history and full of opportunity, this home is waiting for someone with vision to restore its original beauty and make it shine once again.
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