Last Sold Price
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Overview
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
Bedroom 1:Third Floor5.99 × 3.56 ft
Master Bedroom:Third Floor5.13 × 3.85 ft
Kitchen:Second Floor4.1 × 3.1 ft
Living Room:Second Floor3.35 × 5.59 ft
Dining Room:Second Floor3.1 × 3.1 ft
Price History
Appreciation
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Avg. Days Listed
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Today, For Sale for $875,000
For Sale · 0 days
$875,000
MLS® X13580102
7 hours ago
Not Sold Yet
July 2026, For Sale for $875,000
For Sale · 0 days
$875,000
MLS® X13580102
7 hours ago
Not Sold Yet
September 2024, Expired for $995,000
Expired · 55 days
$995,000
MLS® X8421498
2 years ago
Canceled on Sep 9, 2024
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Home Estimate Zoopraisal®
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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