105 CHEEVER STREET, Hamilton (Industrial Sector)
$399,000
For sale: Multiplex
- Property type
- Duplex
- Bedrooms / bathrooms
- 5 bedrooms, 2 bathrooms
- Living area
- 2,000 sqft
- MLS®
- MLS® X13228014
- Neighbourhood
- Industrial Sector
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.
Sold data
Multiplex homes in Hamilton (Industrial Sector) — recent sold market
Multiplex homes in Hamilton (Industrial Sector) took a median of 42 days to sell over the last 365 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 67, across 87 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 114 days.
The median sale price was $769,900.
Homes sold for about 3.4% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 24% of sellers reduced their price before finding a buyer.
- Median days to sell
- 42
- Median sale price
- $769,900
- Sale-to-list ratio
- 96.6%
- Sold above asking
- 8%
Based on 87 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
Schools in Hamilton (Industrial Sector)
Hamilton (Industrial Sector) has 130 Fraser Institute–rated schools (108 elementary and 22 secondary), averaging 5.6/10.
- Rated schools
- 130
- Elementary
- 108
- Secondary
- 22
- Average rating
- 5.6 / 10
Top-rated schools in Hamilton (Industrial Sector)
- Corpus Christi — elementary, HamiltonFraser rating 10.0/10
- Norwood Park — elementary, HamiltonFraser rating 8.4/10
- Pope John Paul II — elementary, HamiltonFraser rating 8.0/10
- Our Lady of Lourdes — elementary, HamiltonFraser rating 7.3/10
- Westmount — secondary, HamiltonFraser rating 7.3/10
- Sacred Heart — elementary, HamiltonFraser rating 7.2/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
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