$589,000
For sale: Detached

An exceptional investment and development opportunity in the heart of Hamilton's desirable Corktown neighbourhood. Situated on an impressive 44 108 ft lot, this fully rented two-unit property offers immediate rental income together with exciting long-term potential.The property features two self-contained residential units, each offering two bedrooms and one bathroom. Both units are currently rented, providing investors with income from day one. The home offers spacious interiors, updated finishes, heating and air conditioning, and two on-site parking spaces.Ideally located minutes from downtown Hamilton, major transit routes, the Hamilton GO Centre, shopping, restaurants, parks and everyday amenities. Redevelopment plans are available for prospective buyers to review. The large lot may offer opportunities for future expansion or redevelopment, subject to municipal zoning, required approvals and the buyer's own due diligence.A rare opportunity to acquire a beautiful income-producing property with a generous lot in a high-demand central location-ideal for investors, developers or buyers looking for immediate income and excellent future potential. A minimum of 24 hours' notice is required for showings.
Sold data
Homes in Corktown took a median of 34 days to sell over the last 365 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 79, across 40 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 106 days.
The median sale price was $356,950.
Homes sold for about 4.5% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 32% of sellers reduced their price before finding a buyer.
Based on 40 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 (Corktown) 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.
Currently for sale

$629,900
Detached98 SANFORD AVENUE S, St. Clair, Hamilton

$575,000
Detached330 WAVERLY STREET, McQuesten, Hamilton

$490,000
Detached23 NIGHTINGALE STREET, Landsdale, Hamilton

$629,900
Detached248 GLENHOLME AVENUE, Glenview, Hamilton

$549,900
Detached255 WEIR STREET N, Homeside, Hamilton

$619,900
Detached788 UPPER GAGE AVENUE, Macassa, Hamilton

$599,900
Detached80 PEARCE AVENUE, 441 - Bunting/Linwell, St. Catharines

$699,900
Detached1 WELBOURN DRIVE, Balfour, Hamilton