$749,900
For sale: Detached

Discover a rare investment opportunity in a prime Hamilton Mountain location. Complete with drawings for three future triplexes for a total of 9 income producing units. This property combines immediate potential rental income with exceptional development potential, offering the best of both worlds for savvy investors or visionaries ready to build. The existing 4-bedroom home has been thoughtfully updated, blending functionality with inviting, contemporary charm. The bright, open layout includes a spacious living area, a well-equipped kitchen with generous cabinetry, and a finished loft perfect for a home office, studio, or creative retreat. With three-car parking plus a garage, there's no shortage of space for family or tenants alike. The lower level provides additional flex space, ideal for a potential second unit. Conveniently located just minutes from the LINC, public transit, schools, shopping, and major amenities, this property is perfectly positioned for both comfort and connectivity. Previously rented for $2,616.25 per month, it can deliver strong, steady cash flow while offering the exciting prospect of a multi-residential future. Whether you choose to hold, enhance, or build, this is an address where opportunity meets potential.
Sold data
Detached homes in Hamilton (Thorner) took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 45, across 952 recorded sales.
The median sale price was $769,250.
Homes sold for about 2.9% below asking on average, so there was room to negotiate.
About 16% of sales closed above the list price.
Around 25% of sellers reduced their price before finding a buyer.
Based on 952 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Hamilton (Thorner) 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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