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BEDROOMS 4
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. All 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 and lower-level unit is rented for $1,299/month. 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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Turnkey 4-unit investment in Hamilton's Gibson neighbourhood. This legal duplex plus 2 additional units offers a total of 4 self-contained units, fully tenanted and ready for the next owner to take over. Fully renovated in 2021, all units feature modern finishes including quartz countertops, stainless steel appliances, vinyl plank flooring, subway tile backsplashes and renovated bathrooms. The main floor (Unit 1) is a 1 bed, 1 bath, the second floor (Unit 2) is a 2 bed, 1 bath, Unit 3 is a bachelor with 1 bath, and the basement (Unit 4) is a 1 bed, 1 bath. Current gross rent is $5,585/month ($67,022/year), current net operating income is approx. $53,564/year, a 7.4% cap rate. The property has 2 hydro meters and 2-car parking at the rear, accessible from both the front and the back of the property, plus street parking. Close to King St E shops and transit, the future LRT line, schools and parks, with downtown Hamilton minutes away.
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RARE DOWNTOWN HAMILTON OPPORTUNITY. TURNKEY LEGAL DUPLEX + IN-LAW SUITE. This is the kind of property buyers wait for. Exceptionally versatile and ready to move in or generate extra income! Whether you're an investor, a first-time buyer looking to offset your mortgage, or a family seeking flexible multi-generational living, this property offers an incredible combination of location, space and functionality. Fully renovated in 2020 from top to bottom, with extensive upgrades including electrical, plumbing, HVAC, windows, framing, drywall, flooring, kitchens with stainless steel appliances, bathrooms with modern finishes, trim, doors and waterproofing. Additional peace of mind comes with a roof updated in 2023, 200-amp electrical panel, and sump pump. The legal duplex with in-law suite offers an incredibly flexible layout: 1 bedroom + 4-piece bath on the main level, 3 bedrooms + 4-piece and 3-piece baths upstairs, plus 1 bedroom + 4-piece bath in the lower level. Each living space features separate hydro metering, in-suite laundry, and updated kitchens and bathrooms, providing privacy and convenience for everyone. The exterior delivers just as much value with a prime corner lot, covered front porch, freshly paved double wide, 3-car driveway and detached garage for additional parking or storage. Located in prime Downtown Hamilton, you're surrounded by shops, restaurants, transit, amenities and everyday conveniences. Whether you're looking to build wealth, reduce your monthly housing costs, or create the perfect setup for your family, this property gives you options that few homes can match.
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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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Welcome to this extensively renovated detached duplex in Hamilton's desirable Eastmount neighbourhood, offering an exceptional opportunity for investors, multi-generational families or buyers seeking additional rental income. Situated on a generous 50 x 107.33 ft lot, this versatile property features two spacious, self-contained units with separate entrances and metered utilities. The vacant main-floor unit offers three bedrooms, a full bathroom, kitchen and living room, providing an excellent opportunity for owner occupancy or rental income. The currently tenanted upper-level unit features two bedrooms, a full bathroom, kitchen, living room and access to a rooftop deck, providing an existing income stream. The unfinished basement offers additional space and potential for future development or a third unit, subject to municipal approvals. Extensively upgraded since 2022, improvements include new electrical wiring and upgraded panels, plumbing, kitchens, bathrooms, subfloors and flooring throughout. Additional upgrades include new garage doors, roofing over the garage and rooftop deck and brand-new main house shingles in 2026. Complete with a detached double garage, private double-wide driveway, central air conditioning and forced-air gas heating, this property combines modern updates with excellent functionality. An exceptional opportunity to own an extensively updated duplex with immediate occupancy potential, existing rental income and future development possibilities in an established Hamilton neighbourhood!
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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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Situated on the highly desirable south side of Gage Avenue, just footsteps from Gage Park, the Tropical Greenhouse, major transit routes, and the future LRT line, this property offers an exceptional location with strong long-term potential. An ideal investment opportunity, the home features a basement currently functioning as a third unit, creating additional income potential. This property is also an excellent option for first-time home buyers looking to offset mortgage and carrying costs while owning a home in a well-established south side neighbourhood. A rare opportunity to secure a versatile property in one of Hamilton's most desirable pockets.
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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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Excellent opportunity in Hamilton's established St. Clair neighbourhood! This tenanted duplex offers outstanding versatility for investors, multi-generational families, or buyers looking to offset their mortgage with rental income. The main floor apartment features 2 bedrooms, while the upper unit spans the second and third floors and offers 3 bedrooms. The basement features a separate entrance, providing additional possibilities. The property also includes a detached garage. The home could potentially be converted back to a single-family residence, offering flexibility to suit a variety of needs. Enjoy a convenient location close to public transit, shopping, schools, St. Peter's Hospital and Gage Park, with many everyday amenities nearby. The neighbourhood's established residential character and access to local services add to its appeal. A property with multiple living options and exciting potential for investors or homeowners looking to make the most of their investment!
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*LEGAL DUPLEX for sale in Hamilton. Grossing $4550 monthly (Main - $2600 and Lower - $1950). Separate panels and electrical meters. This renovated bungalow-duplex is the ideal investment. Each unit has a modern kitchen with quartz counters, a deep trough sink, contemporary backsplash tile, and appliances (including washers/dryers). Both bathrooms have been renovated with deep soaker tubs, new cabinets and fixtures. Stylish plank flooring over new subfloor flows throughout the main level and in the spacious lower-level bedrooms, complemented by new interior doors and hardwood trim. Electrical and plumbing have all been updated. Located in a quiet neighbourhood close to schools and parks, just 8 mins to malls and 15 mins to downtown Hamilton.
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