550 James St N, Hamilton, Ontario

Multi-Family for Sale in Hamilton

550 James St N, Hamilton, ON

  • CA$749,900
  • 5+1 BEDS
  • 3 BATHS

Multi-Family for Sale in Hamilton

550 James St N, Hamilton, ON

  • CA$749,900
  • 5+1 BEDS
  • 3 BATHS

Key Facts

  • MLS® #: X13423124
  • Property ID: SIRC3407308
  • Property Type: Residential, Duplex
  • Lot Size¹: 101.25x25 ft.
  • Year Built: 100
  • Bedrooms: 5+1
  • Bathrooms: 3
  • Additional Rooms: Den
  • Listed By:
  • RE/MAX ESCARPMENT GOLFI REALTY INC.

Property Description

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.

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Rooms

  • TypeLevelDimensionsFlooring
  • OtherMain13' 3" x 11' 6.9"Other
  • BedroomMain13' 3" x 10' 2.8"Other
  • KitchenMain11' 6.9" x 15' 8.1"Other
  • BathroomMain0' x 0'Other
  • Living roomMain10' 11.8" x 13' 8.1"Other
  • Living room2nd floor12' 6" x 14' 4"Other
  • Kitchen2nd floor12' 6" x 14' 7.9"Other
  • Bedroom2nd floor11' 8.1" x 13' 3"Other
  • Bedroom2nd floor6' 11" x 12' 4.8"Other
  • Bathroom2nd floor0' x 0'Other
  • Loft3rd floor16' 8" x 43' 9.1"Other
  • BedroomBasement13' 6.9" x 15' 11"Other
  • SittingBasement16' 8" x 43' 1.4"Other
  • BathroomBasement0' x 0'Other

Listing Agents

RE/MAX ESCARPMENT GOLFI REALTY INC.

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Location

550 James St N, Hamilton, Ontario, L8L 1J5 Canada

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