$779,000
For sale: Multiplex

INVESTMENT Property in the desirable Stinson neighbourhood of Hamilton, offering an excellent location and featuring a readily tenanted duplex with excellent tenants and both units leased at strong market value. This income-generating property offers two bright and spacious, self-contained above-grade units, with approximately 2,054 sq ft of above-grade living space plus an additional 880 sq ft of finished basement space. Each unit has a separate entrance and dedicated rear parking space. Unit 1 on the main floor features charming high ceilings, large windows, abundant natural light, one bedroom, a full bathroom with double vanity, a spacious kitchen, and a large great room combined with dining area. Private in-suite-style laundry is located in the basement. Unit 2 on the second floor has been freshly painted and offers three bedrooms, a full bathroom with double vanity, kitchen combined with dining area, a bright family room, and private in-suite laundry. An ideal opportunity for investors seeking a well-located, income-generating property with two separate residential units. Located minutes from Downtown Hamilton, Hamilton GO Centre, West Harbour GO Station, McMaster University, Mohawk College, St. Joseph's Healthcare Hamilton, and Hamilton General Hospital. Don't miss this opportunity!
Sold data
Homes in Stinson took a median of 42 days to sell over the last 365 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 77, across 34 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 87 days.
The median sale price was $444,900.
Homes sold for about 3.7% below asking on average, so there was room to negotiate.
About 3% of sales closed above the list price.
Around 35% of sellers reduced their price before finding a buyer.
Based on 34 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Hamilton (Stinson) has 130 Fraser Institute–rated schools (108 elementary and 22 secondary), averaging 5.6/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$819,888
Detached139 GLEN VALLEY DRIVE, Gershome, Hamilton

$899,900
Detached170 FENNAMORE TERRACE, 1033 - HA Harrison, Milton

$749,900
Detached641 LIMERIDGE ROAD E, Thorner, Hamilton

$739,900
Detached96 FIELDING CRESCENT, Lawfield, Hamilton

$799,900
Detached22 QUAKER CRESCENT, Quinndale, Hamilton

$669,900
Townhouse69 CEDARVILLE DRIVE, Stoney Creek Mountain, Hamilton

$665,000
Townhouse23 - 45 SEABREEZE CRESCENT, Lakeshore, Hamilton

$699,800
Townhouse53 - 1890 RYMAL ROAD E, Rural Glanbrook, Hamilton