$1,489,900
For sale: Multiplex

Amazing investment with this beautiful 5-unit building located just steps from trendy James St and the new Go Station. A few minutes walk to the beautiful Hamilton Harbour and the Bayfront. Located on main Bus Route. Incredible full building upgraded 8+/- years ago, including roof, fully renovated Res units include kitchen with granite counters, s/s appliances including B/I dishwasher and microwave & en-suite washer/dryers, soft close cupboards, replaced furnaces and A/C, Tankless water heaters, newer electric meters and plumbing, windows & doors, fire retrofit w/partial sprinkler system. 4 residential units and 1 commercial storefront. Units are separately metered and tenant pay their of Gas and Electricity. If you are looking for an easy, turn key, simple-to-run-for-years-to-come Multi-unit building, this is the one!
Sold data
Multiplex homes in Hamilton (Beasley) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 114 days.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.
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 (Beasley) 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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