Key Facts
- MLS® #: 40752896
- Property ID: SIRC2532483
- Property Type: Residential, Duplex
- Living Space: 1,533 sq.ft.
- Year Built: 1890
- Bathrooms: 2
- Listed By:
- Real Broker Ontario Ltd.
Property Description
Opportunity awaits in Hamilton’s sought-after Strathcona neighbourhood. This updated and well-maintained downtown duplex is ideal for investors looking to add to their portfolio or for homeowners hoping to live in one unit while generating rental income from the other. Conveniently located within walking distance to schools, parks, public transit, downtown amenities, and with easy highway access for commuters. The upper unit is a bright and spacious 2-bedroom, featuring a charming loft with skylights, and is currently rented month-to-month for $1,733.54/month. The main floor 1-bedroom apartment will be vacant at the end of July and was previously rented for $1,750/month. Both units are in good condition and show well. A fantastic opportunity to invest in a vibrant, central neighbourhood — or a smart way to help offset your mortgage while enjoying all that Hamilton has to offer.
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Location
24 Florence Street, Hamilton, Ontario, L8R 1W4 Canada
Around this property
Information about the area within a 5-minute walk of this property.
- 27.42% 20 to 34 years
- 19.3% 35 to 49 years
- 18.61% 50 to 64 years
- 13.42% 65 to 79 years
- 6.56% 80 and over
- 5.01% 0 to 4
- 3.73% 5 to 9
- 3.01% 15 to 19
- 2.93% 10 to 14
- Households in the area are:
- 49.47% Single person
- 41.33% Single family
- 8.64% Multi person
- 0.57% Multi family
- $87,704 Average household income
- $40,390 Average individual income
- People in the area speak:
- 73.53% English
- 4.76% Arabic
- 4.12% English and non-official language(s)
- 3.64% Spanish
- 3.38% Vietnamese
- 2.56% Thai
- 2.42% Somali
- 2.14% French
- 2.03% Portuguese
- 1.44% Yue (Cantonese)
- Housing in the area comprises of:
- 67.1% Apartment 5 or more floors
- 11.07% Single detached
- 10.56% Apartment 1-4 floors
- 4.61% Row houses
- 4.43% Semi detached
- 2.24% Duplex
- Others commute by:
- 20.32% Public transit
- 15.39% Foot
- 2.15% Other
- 1.94% Bicycle
- 27.86% High school
- 23.51% Did not graduate high school
- 21.07% College certificate
- 14.53% Bachelor degree
- 7.29% Post graduate degree
- 5.14% Trade certificate
- 0.58% University certificate
- The average air quality index for the area is 2
- The area receives 309.08 mm of precipitation annually.
- The area experiences 7.39 extremely hot days (31.98°C) per year.
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- Principal and Interest $3,417 /mo
- Property Taxes n/a
- Strata / Condo Fees n/a