Three-story residence featuring a gabled roofline and light-toned siding Features: curbs, shingle roof, downspout, shake shingle siding, brick siding, porch More Photos

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    For Sale - 317 Queen Street, Hamilton, Ontario

    Est payment $4,202/mo
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    Views   4
    Time on Jump  68 day

    AI Summary *

    • Well-maintained three-unit income property in a desirable neighborhood.
    • Approximate $60,000 annual income potential with one vacant unit.
    • Includes six bedrooms, three kitchens, and three bathrooms for flexibility.
    • Separate hydro meters for tenant-managed electricity expenses.
    • Close to shops, cafés, parks, and public transit for convenience.




    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.
    Listing IDX13580102
    Address317 Queen Street
    CityHamilton, Ontario
    Price$875,000
    Bed / Bath6 / 3 Full
    Style2 1/2 Storey, Multiplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Accessory Apartment, Separate Hydro Meter, Water HeaterOwnership FreeholdWaterfront NoneBasement Apartment, Separate Entrance, FinishedFoundation UnknownHeating / Cooling Forced AirHeating Fuel ElectricSewer Sewer

    Parking 1.00
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    Listing Agency:  RIGHT AT HOME REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    317 Queen Street
    Hamilton , Ontario
    6 3 $875,000
    Get more info