$3,100,000
For sale: Multiplex

Strategically positioned in Hamilton's historic Stinson neighbourhood, this 16-unit multi-residential asset offers investors a rare blend of scale, stability, and upside. With 12 on-site parking spaces, strong tenant appeal, and frontage along a major arterial route, the property is primed for consistent cash flow and long-term appreciation. Located at 468-476 Main Street East, the building sits within a high-demand rental pocket just minutes from downtown Hamilton, transit hubs, hospitals, and schools.
Sold data
Multiplex homes in Hamilton (Stinson) took a median of 39 days to sell over the last 365 days, with the quickest quarter selling within 22 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 117 days.
The median sale price was $769,900.
Homes sold for about 3.3% 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.
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
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.
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