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BATHROOMS 2
KITCHENS 10
ROOMS X13684012
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Property Description
Legal duplex in Hamilton's established Durand neighbourhood offering an excellent opportunity for an owner-occupier or investor. The spacious three-bedroom upper unit, extending across the second and third floors, is now vacant, creating an ideal opportunity to make it your own while generating supplemental income from the tenanted one-bedroom main-floor unit. The property features solid brick construction, forced air heating, central air conditioning, a full unfinished basement, and rear lane access with parking for multiple vehicles. Conveniently located close to downtown Hamilton, hospitals, public transit, parks, schools, shopping, and the many amenities of the surrounding neighbourhood. A versatile property offering the flexibility of home ownership with the added benefit of rental income.
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Nearby Intersections
Property Features
Other
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Property Details
Address
217 Caroline Street
Community
City
Postal Code
L8P 3L5
Property Type
Duplex, Duplex
Zoning
E
Lot Size
30' x 100'
Taxes
$6,467 (2025
Basement
Full, Unfinished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
5
Garage Type
None
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Listing contracted with Re/Max Escarpment Realty Inc., Brokerage
Welcome to a fantastic investment opportunity in Hamilton. This detached home offers three self-contained units, providing a versatile option for investors, multi-generational living, or buyers looking to offset their mortgage with rental income. Extensively updated from top to bottom in 2018, each bright and well maintained unit features its own in-suite laundry and a fully equipped kitchen with fridge, stove, and dishwasher. Two of the three units are currently tenanted, offering immediate rental income. The main-floor unit is rented for $1,599/month, while the upper unit, spanning two levels, is rented for $1,747/month. The vacant lower-level unit was previously rented for $1,300/month, providing an opportunity to set a new rental rate or keep the space available for personal use. Parking is conveniently located at the rear of the property with laneway access (and street parking available). Ideally situated close to shopping, major highways, Lake Ontario, parks, and everyday amenities, this property combines a convenient location with excellent income potential. A turnkey opportunity for investors looking to add a modernized multiunit property to their portfolio. Separately metered for hydro/gas.
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Legal duplex in the heart of Hamilton Centre - house hack your way in. This fully permitted 2015 conversion sits on Cedar Ave in the sought-after St. Clair / Blakeley neighbourhood - steps to Gage Park, minutes to the Escarpment, and on a direct transit route downtown. Built in 1917, this 3.5-storey double-brick duplex features two spacious 3-bedroom units (~1,373 & ~1,690 sq ft), each with modern kitchens, separate HVAC, and private outdoor space. Combined rents of $3,909/month offset your carrying costs significantly. Live upstairs. Let your tenant pay half your mortgage. Walk to schools, parks, trails, and transit. A rare chance to own a character home with income built right in.
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143 Sherman Avenue N, Hamilton is an investment property within a portfolio. Fully-renovated duplex with a bonus attic apartment in a strong lower-city location - the highest-income property among the portfolio's new additions, offered at a 5.50% in-place cap rate on current rents. This fully-tenanted, five-door property generates $70,020 in gross annual rent and $46,204 NOI at an asking price of $840,000.The main and upper duplex units are configured as a 2-bedroom apartment and a three-room mid-level unit (one room with a private ensuite), with a self-contained one-bedroom attic apartment above producing additional income. The building was fully rebuilt and modernized following a 2021 fire, meaning all major systems, finishes, and layouts are effectively new. Separate metering - three hydro meters and two gas meters - is a significant advantage in this portfolio: it opens the door to shifting utility costs to tenants over time and cleanly submetering by unit, protecting NOI against rising utility costs. Off-street parking for four (three at the rear, one at the front) adds a rentable amenity in a location where street parking is at a premium. Three of the five doors are month-to-month or expiring, giving a new owner a clear, low-risk path to reset rents to market on standard notice without waiting years for turnover - and the mix of self-contained apartments and rentable rooms lets income be grown door-by-door rather than all at once. Combined with the fresh renovation, that means minimal near-term capital outlay: a new owner can focus on income growth rather than deferred maintenance. Situated in an appreciating lower-city pocket close to transit, schools, and everyday amenities.
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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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Non-conforming Tri-Plex, separate water & hydro, heating & cooling, Hot Water Heater dedicated to each unit. Seller makes no warranties or representations as to the legal status of the dwelling. **INTERBOARD LISTING: BRANTFORD REGIONAL REAL ESTATE BOARD**
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Impressive mixed-use investment opportunity situated on a generous 75.25 ft x 137.42 ft lot in a high-exposure King Street East location. This income-producing property offers a rare combination of commercial and residential revenue streams, making it an excellent addition to any investment portfolio. The property features a commercial unit on the main level generating $2,500/month, a spacious upper residential apartment currently rented for $2,000/month, and a basement unit with potential to generate $2,000/month. With multiple tenancies in place, investors can benefit from immediate cash flow and long-term appreciation potential.Strategically located in Hamilton's growing east-end corridor, this property enjoys excellent visibility, steady pedestrian and vehicular traffic, and convenient access to transit, major roadways, shopping, and neighbourhood amenities. The expansive lot offers added value and future potential, subject to municipal approvals. Whether you're an investor seeking stable income or an owner-operator looking for a property with built-in rental support, this versatile mixed-use asset presents an outstanding opportunity in a thriving market.
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Turnkey Multi Family Investment Opportunity in the Heart of Hamilton! An exceptional opportunity to own a fully renovated 4-Unit, cash-flowing multi-unit property in Downtown Hamilton! This investment boasts modern finishes, strong rental income, and minimal maintenance, making it a prime investment for any savvy buyer. SUITE MIX: 2 x 2-Bedroom Units, 2 x 1-Bedroom Units - All units updated within the last 3 years featuring modern finishes such as Quartz countertops, stainless steel appliances, vinyl plank flooring, subway tile backsplashes, and brand-new bathrooms. 3 of the 4 units feature private laundry for tenant convenience!
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Attention investors! Amazing 2 1/2 storey legal Duplex + In-Law Suite, in the heart of the desirable Ottawa StreetSouth neighbourhood. Beautifully, completely renovated from top to bottom. Two of the units are currentlytenanted. New luxury vinyl floors throughout, all new windows, stainles steel appliances & contemporary woodcabinets in kitchens. In-suite laundry in each unit. Private entrance for each unit, parking, motion sensor lighting &security cameras. Walk to shopping & restaurants. 2121sqft of living space.
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Welcome to 33 East 34th! This turnkey legal duplex is the perfect opportunity for a savvy buyer looking for a large family home with a separate income-generating basement unit. Both units have been updated throughout and have separate entrances and laundry. Stepping into the upper unit you are greeted with a large open concept living and dining space with refinished hardwood flooring and loads of natural light. The eat-in kitchen was completely renovated in 2026 with modern cabinetry, tile flooring and stainless-steel appliances - a chef's paradise. Around the corner you'll find two generously sized bedrooms perfect for guests or a home office as well as an updated 4-piece bath. Head upstairs to find two more bedrooms including an inviting primary with great closet space and another 4-piece bathroom. The renovated basement unit is currently occupied by wonderful tenants and features two bedrooms, updated kitchen, living room and storage. 33 East 34th offers a private three car driveway and large backyard with space for entertaining and gardening. Located in the vibrant neighbourhood of Raleigh this wonderful home is both walkable and connected to transit routes, just blocks away from Juravinski Hospital and the bustling Concession Street with great shopping and dining options. Updates include owned HVAC, updated electrical, waterproofing with sump pump, backwater valve, basement insulation, paint, light fixtures, refinished hardwood floors and more (full list available upon request). Basement rented at $1595/m + utilities. Opportunities like this don't come along often.
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