$439,000
For sale: Multiplex

(STEP INSIDE) Three separate units on one lot in the heart of Hamilton: a 2 bedroom, a 1 bedroom & a single room apartment. This detached single storey triplex is a permitted use under the existing zoning, which is the first thing a serious buyer wants confirmed. Whether the plan is to hold, improve or both, there are three units to work with. It is a unique find, and not one that comes up often. It suits the buyer who likes to run the numbers first and then get hands-on. (UNIT 1) Laminate flooring runs through the foyer, living room & bedroom one, a practical start that sets the tone for the unit. The kitchen has a fridge, linoleum flooring & a backsplash. Bedroom one has its own 2pc ensuite, so the primary bedroom has a bathroom to itself, a real convenience. A second bedroom & a 4pc bath with ceramic flooring round out the unit. Two bedrooms, two baths, all on a single floor. (UNIT 2) The kitchen has a fridge, range hood & ceramic flooring. A bedroom with a ceiling fan, a family room, a 3pc bath with tile flooring & a laundry room complete the unit, all on the ground level. Laundry inside the unit keeps the daily routine simple, and one floor means no stairs to think about. (UNIT 3) A single room apartment with the bedroom, kitchen & living space all in one open room, plus a 3pc bath with ceramic flooring. A simple layout that is easy to understand at a glance, with plenty of room for a hands-on buyer to put their own stamp on it. (LOCATION) A very walkable pocket of Hamilton, where daily errands stay close to home. A nearby address scores 82 on Walk Score, with good transit & bike access. HSR bus routes run close by, including Cannon, King, Barton & Mohawk, so getting across the city does not depend on a car. Gage Park, Montgomery Park & Red Hill Bowl are all in the area for weekend walks & fresh air. Three units, one address & a location that works for all of them.(1,906 characters)
Sold data
Homes in Homeside took a median of 24 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 46, across 77 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 42 days.
The median sale price was $469,500.
Homes sold for about 2.9% below asking on average, so there was room to negotiate.
About 18% of sales closed above the list price.
Around 30% of sellers reduced their price before finding a buyer.
Based on 77 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 (Homeside) 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.
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