193 BURRIS STREET, Hamilton (St. Clair)

$580,000

For sale: Multiplex

Multiplex at 193 BURRIS STREET, Hamilton (St. Clair)
Property type
Duplex
Bedrooms / bathrooms
4 bedrooms, 2 bathrooms
Living area
1,500 sqft
MLS®
MLS® X13517426
Neighbourhood
St. Clair

193 Burris St, Hamilton is an Investment Property (Duplex + Rooms). A two-hydro-meter property configured as a 2-bedroom main-floor-plus-basement unit and a four-room upper unit, currently 100% occupied and generating $36,031 in NOI from strong in-place room income. The real opportunity is the immediate value-add: four of the five doors rent month-to-month, allowing rents to be reset to market on standard notice. Underpinning that cash flow is genuine land value in one of Hamilton's most sought-after, appreciating pockets. The result is an investment that combines solid room-level income today with meaningful upside and long-term exit optionality.

Sold data

Multiplex homes in Hamilton (St. Clair) — recent sold market

Multiplex homes in Hamilton (St. Clair) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 114 days.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 (St. Clair)

Hamilton (St. Clair) 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 (St. Clair)

  • 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

Homes for sale near 193 BURRIS STREET