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CAONHamiltonDurand317 Queen St S
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317 Queen St S, Hamilton, ON

House

For Sale

$X
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631

MLS® X13580102

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type 
Levels Residential Income
Size -
Garage Yes
Taxes $6,961
Days Active 0
Lot Size 
Approx. Age 
MLS® Number X13580102

Property Address: 317 Queen St S, Hamilton, ON, L8P3T6

Average square foot calculated using Size range provided by listing agent.

Description

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:58753)Show Description
MLS® NumberX13580102
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementFinished, Apartment in basement, Separate entrance, N/A
DrivewayNo Garage
Garage Spaces
HeatHeat Pump, Forced air, Electric, Natural gas
A/CCentral air conditioning, Wall unit

Extras

Rooms

Show Details
Living Room:Second Floor3.35 × 5.59 ft
Kitchen:Second Floor4.1 × 3.1 ft
Master Bedroom:Third Floor5.13 × 3.85 ft
Bedroom 1:Third Floor5.99 × 3.56 ft
Dining Room:Second Floor3.1 × 3.1 ft

Price History

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How Much House Can I Afford?

Home Estimate Zoopraisal®

This property is estimated to sell between: $875,000 and $1,665,000.
Similar properties in this area sold on average for: $1,401,250
Expected to sell in 46 days. Similar properties sold in 46 days. This home has been on Zoocasa for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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Destination Address
317 Queen St S, Hamilton, ON

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