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550 JAMES Street N, Hamilton, Ontario, L8L 1J5

MLS® # 40838339
House For Sale In North End East, Hamilton, Ontario
$749,900 QuickQuoteTM: $657K - $831K

5+1 Beds

3 Baths

550 James Street N, Hamilton, ON
550 James Street N, Hamilton, ON
550 James Street N, Hamilton, ON
Unit A - 550 James Street N, Hamilton, ON
Unit A - 550 James Street N, Hamilton, ON
Unit A - 550 James Street N, Hamilton, ON
Unit A - 550 James Street N, Hamilton, ON
Unit A - 550 James Street N, Hamilton, ON
Unit A - 550 James Street N, Hamilton, ON
Unit A - 550 James Street N, Hamilton, ON
Unit A - 550 James Street N, Hamilton, ON
Unit A - 550 James Street N, Hamilton, ON
Unit A - 550 James Street N, Hamilton, ON
Unit B - 550 James Street N, Hamilton, ON
Unit B - 550 James Street N, Hamilton, ON
Unit B - 550 James Street N, Hamilton, ON
Unit B - 550 James Street N, Hamilton, ON
Unit B - 550 James Street N, Hamilton, ON
Virtually Staged- Unit B - 550 James Street N, Hamilton, ON
Virtually Staged- Unit B - 550 James Street N, Hamilton, ON
Unit B - 550 James Street N, Hamilton, ON
Unit B - 550 James Street N, Hamilton, ON
Basement - 550 James Street N, Hamilton, ON
Basement - 550 James Street N, Hamilton, ON
Basement - 550 James Street N, Hamilton, ON
Basement - 550 James Street N, Hamilton, ON
Basement - 550 James Street N, Hamilton, ON
Basement - 550 James Street N, Hamilton, ON
550 James Street N, Hamilton, ON
550 James Street N, Hamilton, ON
550 James Street N, Hamilton, ON
550 James Street N, Hamilton, ON
550 James Street N, Hamilton, ON
550 James Street N, Hamilton, ON
550 James Street N, Hamilton, ON
550 James Street N, Hamilton, ON
550 James Street N, Hamilton, ON
Video
550 James Street N, Hamilton, ON
550 James Street N, Hamilton, ON
550 James Street N, Hamilton, ON
Unit A - 550 James Street N, Hamilton, ON
Unit A - 550 James Street N, Hamilton, ON
Unit A - 550 James Street N, Hamilton, ON
Unit A - 550 James Street N, Hamilton, ON
Unit A - 550 James Street N, Hamilton, ON
Unit A - 550 James Street N, Hamilton, ON
Unit A - 550 James Street N, Hamilton, ON
Unit A - 550 James Street N, Hamilton, ON
Unit A - 550 James Street N, Hamilton, ON
Unit A - 550 James Street N, Hamilton, ON
Unit B - 550 James Street N, Hamilton, ON
Unit B - 550 James Street N, Hamilton, ON
Unit B - 550 James Street N, Hamilton, ON
Unit B - 550 James Street N, Hamilton, ON
Unit B - 550 James Street N, Hamilton, ON
Virtually Staged- Unit B - 550 James Street N, Hamilton, ON
Virtually Staged- Unit B - 550 James Street N, Hamilton, ON
Unit B - 550 James Street N, Hamilton, ON
Unit B - 550 James Street N, Hamilton, ON
Basement - 550 James Street N, Hamilton, ON
Basement - 550 James Street N, Hamilton, ON
Basement - 550 James Street N, Hamilton, ON
Basement - 550 James Street N, Hamilton, ON
Basement - 550 James Street N, Hamilton, ON
Basement - 550 James Street N, Hamilton, ON
550 James Street N, Hamilton, ON
550 James Street N, Hamilton, ON
550 James Street N, Hamilton, ON
550 James Street N, Hamilton, ON
550 James Street N, Hamilton, ON
550 James Street N, Hamilton, ON
550 James Street N, Hamilton, ON
550 James Street N, Hamilton, ON
550 James Street N, Hamilton, ON
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Are you a real estate investor?
550 JAMES Street N, Hamilton, Ontario, L8L 1J5
$749,900

6 Beds

3 Baths

Property Information:

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 high-and-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. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Basement Development: Partially finished
  • Basement Type: Full
  • Construction Style - Attachment: Semi-detached
  • Exterior Finish: Brick
  • Fireplace Fuel: Electric
  • Fireplace Type: Other - See remarks
  • Floor Space: 3273 sqft
  • Foundation Type: Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Dishwasher, Dryer, Refrigerator, Washer, Microwave Built-in, Hot Tub

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Half Bathrooms: 1
  • Amenities Nearby: Marina, Park, Public Transit, Schools, Shopping
  • Built in: 1890
  • Features:
  • Floor Space (approx): 3273 Square Feet
  • Lot Depth: 101 Feet
  • Lot Frontage: 25 Feet
  • Structure Type: Porch
  • Zoning: D
  • Sewer: Municipal sewage system

Rooms:

  • Bathroom 2nd Level Measurements not available
  • Bedroom 2nd Level 12'5'' x 6'11''
  • Bedroom 2nd Level 13'3'' x 11'8''
  • Kitchen 2nd Level 14'8'' x 12'6''
  • Living 2nd Level 14'4'' x 12'6''
  • Bedroom 3rd Level 43'9'' x 16'8''
  • Sitting Basement Level 43'0'' x 16'8''
  • Bathroom Basement Level Measurements not available
  • Bedroom Basement Level 15'1'' x 13'7''
  • Living Main Level 13'8'' x 11'0''
  • Bathroom Main Level Measurements not available
  • Kitchen Main Level 15'8'' x 11'7''
  • Bedroom Main Level 10'3'' x 13'3''
  • Primary Bedroom Main Level 11'7'' x 13'3''

Courtesy of: RE/MAX Escarpment Golfi Realty Inc.

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Market Price Trends

Single family detached

-1.29%

Price change (1 year)

23.52%

Price change (5 years)

All Properties

-1.15%

Price change (1 year)

24.03%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 550 JAMES Street N, Hamilton, Ontario, L8L 1J5

Demographic Information of 550 JAMES Street N, Hamilton, Ontario, L8L 1J5

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$104,615.04

Average Number of Children

1.64

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

26.18 %

High school certificate or equivalent

26.84 %

Apprenticeship trade certificate/diploma

4.61 %

College/non-university certificate

21.25 %

University certificate (below bachelor)

0.16 %

University Degree

20.97 %

Commuter

Travel To Work

By Car

77.82 %

By Public Transit

7.39 %

By Walking

7.66 %

By Bicycle

1.32 %

By Other Methods

5.81 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

25.21 %

Houses

74.79 %

Own Vs. Rent

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