70 WELLINGTON STREET S, Hamilton (Corktown)

$589,000

For sale: Detached

Detached at 70 WELLINGTON STREET S, Hamilton (Corktown)
Property type
Detached
Bedrooms / bathrooms
4 bedrooms, 2 bathrooms
Living area
2,000 sqft
MLS®
MLS® X14030516
Neighbourhood
Corktown

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 — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 106 days.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.

Median days to sell
34
Median sale price
$356,950
Sale-to-list ratio
95.5%
Sold above asking
8%

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

Schools in Hamilton (Corktown)

Hamilton (Corktown) 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 (Corktown)

  • 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 70 WELLINGTON STREET S