$799,997 - 146 Forest Avenue, Hamilton
Multi-Family for Sale in Hamilton
New — Listed yesterday- MLS Number
- X13452906
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 1
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- COLDWELL BANKER COMMUNITY PROFESSIONALS
Proof that quality duplexes still exist. This stylish Victorian corner property 2-family home seamlessly blends modern updates with stunning period details. Featuring soaring ceilings, exposed brick, abundant natural light, private entrances, parking, and in-suite laundry in both units, this is an exceptional investment opportunity. Unit 1 offers a spacious 1-bedroom layout with soaring ceilings, an updated kitchen, generous living room and bedroom, in-suite laundry, and a private entrance off the driveway. Unit 2 is a character-filled 2-bedroom suite with a combined living and dining room, exposed brick, updated kitchen, impressive ceiling heights, and a charming entrance showcasing original staircase details. Updates include a 3/4" water supply, separate hydro and gas meters, two water heaters, and newer washers and dryers for each unit (2022/2026). Fair market rents, A+++ tenants, and pride of ownership throughout make this a standout property. Ideally located steps to St. Joseph's Healthcare Hamilton, the Hunter Street GO Station, and directly across from beautiful Corktown Park. Enjoy easy access to vibrant cafés, restaurants along Augusta and James Street South, and all the amenities that make Corktown one of Hamilton's most sought-after neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$4,104.40/mo
Includes CMHC insurance ($22,320)
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.
146 Forest 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 $533/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Hamilton's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $3,333 (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.