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317 Queen Street S Hamilton, Ontario L8P 3T6

6 Bedroom 3 Bathroom 2000 - 2500 sqft
Fireplace Central Air Conditioning, Wall Unit Forced Air, Heat Pump

$875,000

Exceptional opportunity to acquire a well-maintained three-unit income property featuring three self-contained residential units in one of Hamilton's most desirable neighbourhoods. Offering approximately $60,000 in gross annual income potential based on current and market rents, with immediate upside through one vacant 2-bedroom unit, this property presents an excellent opportunity for investors to increase cash flow by leasing at market rent or for owner-occupiers to offset their mortgage with rental income from the remaining two units. The property offers a total of six bedrooms, three kitchens and three bathrooms. Three separate hydro meters allow tenants to pay their own electricity, while the landlord pays heat and water. Coin-operated laundry provides additional income, and one private driveway parking space is included. Ideally situated in the desirable Durand neighbourhood, on the doorstep of Kirkendall, just steps from Locke Street's vibrant shops, cafés and restaurants, and minutes from St. Joseph's Healthcare Hamilton, the Escarpment, parks, public transit, downtown Hamilton and convenient highway access. A rare opportunity to add a strong income-producing property with immediate upside to your portfolio in one of Hamilton's most established rental markets. Full financials available upon request. (id:60365)

Property Details

MLS® Number X13580102
Property Type Multi-family
Community Name Durand
EquipmentType Water Heater
ParkingSpaceTotal 1
RentalEquipmentType Water Heater

Building

BathroomTotal 3
BedroomsAboveGround 5
BedroomsBelowGround 1
BedroomsTotal 6
Amenities Fireplace(s), Separate Electricity Meters
Appliances Water Heater, Dryer, Stove, Washer, Refrigerator
BasementDevelopment Finished
BasementFeatures Apartment In Basement, Separate Entrance
BasementType N/a, N/a, N/a (finished)
CoolingType Central Air Conditioning, Wall Unit
ExteriorFinish Brick
FireplacePresent Yes
FireplaceTotal 1
FoundationType Unknown
HeatingFuel Electric, Natural Gas
HeatingType Forced Air, Heat Pump
StoriesTotal 3
SizeInterior 2000 - 2500 Sqft
Type Other
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 130 Ft
SizeFrontage 25 Ft
SizeIrregular 25 X 130 Ft
SizeTotalText 25 X 130 Ft

Rooms

Level Type Dimensions
Second Level Living Room 5.59 m x 3.35 m
Second Level Dining Room 3.1 m x 3.1 m
Second Level Kitchen 3.1 m x 4.1 m
Second Level Bedroom 3.65 m x 3.78 m
Third Level Primary Bedroom 3.85 m x 5.13 m
Third Level Bedroom 3.56 m x 5.99 m
Basement Living Room 5.05 m x 3.8 m
Basement Kitchen 2.29 m x 3.4 m
Basement Primary Bedroom 5.05 m x 2.97 m
Main Level Living Room 4.1 m x 3.95 m
Main Level Primary Bedroom 3.65 m x 4.55 m
Main Level Bedroom 2.74 m x 4.25 m
Main Level Kitchen 2.74 m x 4.25 m

Utilities

Cable Available
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/30051750/317-queen-street-s-hamilton-durand-durand

Hana Klimczak
Salesperson


Right At Home Realty
5111 New Street Unit 104
Burlington, Ontario L7L 1V2

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