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6
BEDROOMS 4
BATHROOMS 2
KITCHENS 18
ROOMS X13708938
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Property Description
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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Nearby Intersections
Property Features
Hospital, Park, Public Transit, Rec./Commun.Centre, School, School Bus Route, Carpet Free, Guest Accommodations, In-Law Capability, In-Law Suite, Water Meter, Available, Accessible Public Transit Nearby, Fire Escape, Low Cabinetry, Multiple Entrances, Open Floor Plan
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Property Details
Address
197-199 Ferguson Avenue
Community
City
Postal Code
L8N 2N2
Property Type
Duplex, Duplex
Lot Size
30' x 100'
Taxes
$5,240 (2026
Basement
Development Potential, None
Exterior
Privacy
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Garage Type
Other
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Listing contracted with Re/Max Realtron Realty Inc.
An exceptional investment opportunity in Hamilton's Gibson/Stipley neighbourhood, this fully renovated multi-residential property offers strong cash flow potential and stable, reliable income from day one! OR the flexibility to live in one unit while leasing the others potentially bringing your total housing expenses down. Talk about affordable! Configured as a legal duplex with an additional self-contained in-law suite, the property features three well-maintained suites with quality finishes throughout, including updated kitchens, modern bathrooms, and in-suite laundry in each unit. Separate hydro meters provide efficient expense management and added appeal for investors. Currently tenanted by long-term occupants who are easy to manage, communicative, and paying at or slightly above market rents, this is a true turnkey asset with minimal operational overhead. Ideally located close to downtown Hamilton, transit, and key amenities, the property benefits from consistent rental demand in a high-growth area. A prime addition to any real estate portfolio, offering both immediate income and long-term appreciation potential. RSA.
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This legal duplex offers two self-contained units, providing a practical investment with steady rental income and long-term growth potential. One unit includes a loft living room with high ceilings and large windows. The property has a brand-new roof under warranty, reducing future maintenance concerns. Located in Hamilton's Gibson neighbourhood, minutes from downtown, it offers convenient access to schools, parks, shopping, transit, Barton Street, Sherman Avenue, and major roadways, with quick connections to Hamilton's downtown core for restaurants, entertainment, and business services.
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