220 Caroline Street S Hamilton (Durand), Ontario L8P 3L4
$1,799,000
Incredible investment opportunity in the heart of Hamilton's desirable Durand North neighbourhood! This legal fourplex is ideally located near hospitals, public transit, and the city's trendiest shops, restaurants, and amenities. Generating strong gross monthly rents of $8,280, the property features four separately metered units, each with its own hydro meter and tankless hot water heater. Tenants pay their own heat, hydro, and water, offering a low-maintenance and cost-efficient ownership structure. A private driveway leads to a rear parking lot, providing convenient off-street parking for residents. As an added bonus, enjoy six months of free professional property management - making this a turnkey opportunity for investors seeking value and steady income. (id:41954)
Property Details
| MLS® Number | X12290504 |
| Property Type | Multi-family |
| Community Name | Durand |
| Amenities Near By | Hospital, Public Transit, Schools |
| Community Features | Community Centre |
| Parking Space Total | 4 |
Building
| Bathroom Total | 5 |
| Bedrooms Above Ground | 8 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 10 |
| Appliances | Dishwasher, Dryer, Stove, Washer, Refrigerator |
| Basement Development | Finished |
| Basement Type | N/a (finished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Foundation Type | Unknown |
| Half Bath Total | 2 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 3000 - 3500 Sqft |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Land Amenities | Hospital, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 99 Ft |
| Size Frontage | 40 Ft |
| Size Irregular | 40 X 99 Ft |
| Size Total Text | 40 X 99 Ft |
| Zoning Description | De-3 |
https://www.realtor.ca/real-estate/28617933/220-caroline-street-s-hamilton-durand-durand
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July 17 2025 03:15:33
Toronto Real Estate Board
Keller Williams Complete Realty