$879,900
For sale: Multiplex

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.
Sold data
Homes in Durand took a median of 52 days to sell over the last 365 days, with the quickest quarter selling within 22 days and the slowest quarter taking more than 93, across 57 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 89 days.
The median sale price was $455,000.
Homes sold for about 5.0% below asking on average, so there was room to negotiate.
About 4% of sales closed above the list price.
Around 33% of sellers reduced their price before finding a buyer.
Based on 57 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 (Durand) 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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