$849,999
For sale: Multiplex

Attention Investors! Exceptional mixed-use opportunity in a high-visibility Hamilton location. This property features 4 self-contained units, including 1 commercial unit and 3 residential units, offering excellent income potential. The building is equipped with separate hydrometers and separate water shut-offs for added convenience and management efficiency. A detached garage and storage shed, both with hydro, provide additional functionality and storage options. Parking includes 2 spaces at the front and 2 spaces at the rear of the property. A street-facing sign connected to hydro offers valuable advertising exposure along busy Main Street East, enhancing visibility for commercial occupants. Being sold with vacant possession, providing the opportunity for a purchaser to establish future tenancies and rental rates. Conveniently located near transit, amenities, and major commuter routes. A versatile addition to any investment portfolio.
Sold data
Multiplex homes in Hamilton (Blakeley) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 114 days.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 (Blakeley) 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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