$609,990 - 127 East Avenue, Hamilton
Multi-Family for Sale in Hamilton
49 days on market- MLS Number
- X13001622
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 49
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- PEAK REALTY LTD.
Welcome to 127 East Avenue South, a well-maintained duplex ideally located in one of Hamilton's most central and connected neighborhoods. This versatile property offers two self-contained and separately accessed units, making it an excellent opportunity for investors, multi-generational living, or owner-occupiers looking to offset expenses with rental income. The front unit features a spacious and functional layout offering three bedrooms and two bathrooms and a fully finished basement, providing ample space for families or professional tenants. Generous room sizes and a thoughtful floor plan create comfortable living areas with flexibility for modern living. The rear unit is stunning with high lofted ceilings and natural light from the mant skylights, offering a one-bedroom layout with two bathrooms, ideal for extended family, guests, or additional rental income. Each unit is designed to function independently, enhancing privacy and usability for multiple occupants. Situated just minutes from downtown Hamilton, hospitals, public transit, parks, schools, shopping, dining, and major commuter routes, this property delivers exceptional convenience and walkability. The location is especially attractive for tenants and homeowners alike due to its proximity to the hospital corridor, GO Transit, and vibrant urban amenities. Whether you are looking to expand your investment portfolio, live in one unit while renting the other, or accommodate multi-family living, 127 East Avenue South presents strong long-term potential in a sought-after area of the city. A rare duplex opportunity offering flexibility, income potential, and an unbeatable central location.
Estimate your monthly payments for this property
Estimated Payment
$3,129.56/mo
Includes CMHC insurance ($17,019)
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.
127 East Avenue, 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 $407/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.
Negotiation Opportunity
At 49 days on site, this property has exceeded the typical selling timeline for Hamilton. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Hamilton. Good resale value as demand remains consistent.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $2,542 (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.