$799,000 - 1141 Mohawk Road, Hamilton
Multi-Family for Sale in Hamilton
40 days on market- MLS Number
- X13092734
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 40
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- REVEL REALTY INC.
*LEGAL DUPLEX* Full vacant possession by June 10th! Welcome to this upscale legal duplex in a premier East Hamilton Mountain neighbourhoodsteps to the Mountain Brow, offering exceptional versatility and refined finishes throughout. The main level features approximately 1,200 squarefeet of thoughtfully designed living space, complete with 3 spacious bedrooms and 1 bathroom, highlighted by designer-quality finishes and amodern aesthetic. The fully self contained LEGAL lower level offers an additional ~900 square feet, featuring a 2-bedroom, 1-bathroom layout,ideal for extended family or strong rental income potential. Situated on a generous 50 x 100 foot lot, the property includes separate hydrometers for each unit and a detached 1.5-car garage, presenting an excellent opportunity for a potential ADU (Accessory Dwelling Unit) oradditional (as-is) rental income. Perfect for live-and-rent buyers or investors, with the potential to generate strong cash flow at approximately80% loan-to-value, further enhanced by garage lease or future third-unit upside. A rare offering combining style, functionality, and long-termincome potential in one of Hamilton Mountain's most desirable pockets. $40,000 Hamilton ADU Grant Eligible!
Estimate your monthly payments for this property
Estimated Payment
$4,099.28/mo
Includes CMHC insurance ($22,292)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Hamilton
Hamilton is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Hamilton
- •Convenient location in Hamilton
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Hamilton offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1141 Mohawk Road, Hamilton
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $726/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 40 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Hamilton.
Investment Perspective
Looking at this as an investment: Hamilton properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.