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    For Sale - 550 James Street, Hamilton, Ontario

    Est payment $3,601/mo
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    Views   2
    Time on Jump  26 day

    AI Summary *

    • Dream duplex offering rental income potential in a prime location.
    • Close to Bayfront Park and trendy dining on James Street North.
    • Thoughtfully renovated with updated kitchens and spacious living areas.
    • Expansive backyard with a deck and well-maintained hot tub.
    • Ample street parking available for tenants and guests.




    Your dream duplex awaits-a home that can help pay for itself. Ideally located in hamilton's desirable north end, just steps from bayfront park, west harbour go, and trendy james street north restaurants, cafés and galleries. Whether you're an investor, owner-occupier seeking rental income, a multi-generational family, or someone looking to explore future development opportunities, this property checks all the boxes. Thoughtfully renovated from top to bottom, this legal duplex is currently generating $4700/mth in gross rental income. The main floor unit was previously operated as a successful short-term rental/air b&b. It offers two spacious bedrooms, abundant storage, updated laundry facilities, an entertainer's kitchen, a cozy living room with a fireplace, and a stunning spa-inspired bathroom. Outside, you'll find an expansive backyard complete with a large deck and newer hot tub, all meticulously maintained. The upper unit features three bedrooms and, including a primary bedroom with oversized built-in closet organizers, a generous living room with a gas fireplace and custom built-ins, an updated eat-in kitchen with access to a charming balcony, and a bright open-concept attic loft ideal for a bedroom, home office, studio or cozy sitting area. The highand-dry basement is the perfect space for a home gym, studio, recreation room or additional living space and benefits from having a separate entrance. Parking will never be an issue for your tenants and guests with ample free street parking on both sides of the street as well as the adjacent side streets. Updates: 2021- main floor custom closets, nest thermostat, new roof, new shed roof, new skylights, 2nd floor engineered hardwood, locking back gate, gas fireplace upper unit, electric fireplace lower unit living room. 2022- new sliding doors upper balcony/lower living room, fire alarm system. 2023- keyless front door lock, 2024-basement partially finished. 2026-lower unit engineered hardwood.
    Listing IDX13423124
    Address550 James Street
    CityHamilton, Ontario
    Price$749,900
    Bed / Bath6 / 3 Full
    Style2 1/2 Storey, Duplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype DuplexIndoor Features Accessory Apartment, Separate Hydro Meter, Storage, Upgraded InsulationOutdoor Features Deck, Hot Tub, Patio, PorchAmenities Beach, Fenced Yard, Marina, Park, Public Transit, SchoolOwnership FreeholdBasement Apartment, Separate Entrance, Full, Walk-Up, Partially FinishedFoundation StoneHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Agency:  RE/MAX ESCARPMENT GOLFI REALTY INC.

    * 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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    550 James Street
    Hamilton , Ontario
    6 3 $749,900
    Get more info