220 CAROLINE STREET S, Hamilton, Ontario, L8P 3L4

MLS® # X12534332

Investment For Sale In Durand, Hamilton, Ontario

$1,499,000

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220 Caroline Street S, Hamilton, ON - Outdoor With Facade

220 Caroline Street S, Hamilton, ON - Outdoor

220 Caroline Street S, Hamilton, ON - Indoor

220 Caroline Street S, Hamilton, ON - Indoor Photo Showing Living Room

220 Caroline Street S, Hamilton, ON - Indoor Photo Showing Bathroom

220 Caroline Street S, Hamilton, ON - Indoor Photo Showing Bedroom

220 Caroline Street S, Hamilton, ON - Indoor Photo Showing Other Room

220 Caroline Street S, Hamilton, ON - Indoor Photo Showing Kitchen

220 Caroline Street S, Hamilton, ON - Indoor Photo Showing Gym Room

220 Caroline Street S, Hamilton, ON - Indoor Photo Showing Kitchen With Double Sink

220 Caroline Street S, Hamilton, ON - Indoor Photo Showing Office

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220 CAROLINE STREET S, Hamilton, Ontario, L8P 3L4

$1,499,000

Property Information:

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:27)

Building Features:

Style: Multiplex
Building Type: Fourplex
Basement Development: Finished
Basement Type: N/A
Exterior Finish: Brick
Floor Space: 3000 - 3500 sqft
Foundation Type: Unknown
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning
Appliances: Dishwasher, Dryer, Stove, Washer, Refrigerator

Property Features:

Property Type: Multi-family
Bedrooms: 8+2
Bathrooms: 5
Half Bathrooms: 2
Amenities Nearby: Hospital, Public Transit, Schools
Community Features: Community Centre
Floor Space (approx): 3000 - 3500 Square Feet
Irregular: Yes
Lot Depth: 99.0 Feet
Lot Frontage: 40.0 Feet
Lot Size: 40 x 99 FT
Zoning: DE-3
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 4

Courtesy of: KELLER WILLIAMS COMPLETE REALTY

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Market Price Trends

Location of 220 CAROLINE STREET S, Hamilton, Ontario, L8P 3L4

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

30 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

30 hot days expected in 2050

47/100

Moderate

ClimateCheck®

Current data

This property, 220 CAROLINE STREET S , experiences 7 hot days per year at around 32 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 35.5 degrees Celsius.

Projected Avg. Temperature

Past

32℃

2050

35.5℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

59/100

Moderate

ClimateCheck®

Current data

This property, 220 CAROLINE STREET S , experiences 11 significant 2-day storms per year, with about 309.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 384.1mm of precipitation per year.

Precipitation Per Storm

Past

309.1mm

2050

384.1mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 220 CAROLINE STREET S, Hamilton, Ontario, L8P 3L4

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$96,165.81

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.0 %

High school certificate or equivalent

24.13 %

Apprenticeship trade certificate/diploma

3.96 %

College/non-university certificate

19.87 %

University certificate (below bachelor)

2.53 %

University Degree

37.52 %

Commuter

Travel To Work

By Car

60.04 %

By Public Transit

20.35 %

By Walking

15.75 %

By Bicycle

0.21 %

By Other Methods

3.65 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

89.55 %

Houses

10.45 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 220 CAROLINE STREET S, Hamilton, Ontario, L8P 3L4

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 220 CAROLINE STREET S, Hamilton, Ontario, L8P 3L4

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

220 CAROLINE STREET S, Hamilton, Ontario, L8P 3L4

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing