507 WILSON STREET, Hamilton (Gibson)

$799,900

For sale: Multiplex

Multiplex at 507 WILSON STREET, Hamilton (Gibson)
Property type
Duplex
Bedrooms / bathrooms
6 bedrooms, 4 bathrooms
Living area
3,000 sqft
MLS®
MLS® X13640372
Neighbourhood
Gibson

Turnkey Multi Family Investment Opportunity in the Heart of Hamilton! An exceptional opportunity to own a fully renovated 4-Unit, cash-flowing multi-unit property in Downtown Hamilton! This investment boasts modern finishes, strong rental income, and minimal maintenance, making it a prime investment for any savvy buyer. SUITE MIX: 2 x 2-Bedroom Units, 2 x 1-Bedroom Units - All units updated within the last 3 years featuring modern finishes such as Quartz countertops, stainless steel appliances, vinyl plank flooring, subway tile backsplashes, and brand-new bathrooms. 3 of the 4 units feature private laundry for tenant convenience!

Sold data

Multiplex homes in Hamilton (Gibson) — recent sold market

Multiplex homes in Hamilton (Gibson) took a median of 41 days to sell over the last 365 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 66, across 88 recorded sales.

The median sale price was $776,150.

Homes sold for about 3.6% below asking on average, so there was room to negotiate.

About 9% of sales closed above the list price.

Around 22% of sellers reduced their price before finding a buyer.

Median days to sell
41
Median sale price
$776,150
Sale-to-list ratio
96.4%
Sold above asking
9%

Based on 88 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 (Gibson)

Hamilton (Gibson) 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 (Gibson)

  • 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 507 WILSON STREET