
































$999,000 - 177 Charlton Avenue, Hamilton
Multi-Family for Sale in Hamilton
44 days on market- MLS Number
- X13086452
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 44
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
177 Charlton Street offers a compelling opportunity in the heart of Durand - a red brick century income property generating a 4.5% cap rate, anchored by a two-level upper residence that feels like a home. Configured as two residential units plus a separate street-level office, the property supports a range of ownership strategies: a straight forward investment, an owner-occupied income property, or a live/work setup with flexibility to adapt over time. Character carries throughout the home, with original detailing, stained glass, and period features that reflect its century heritage. The upper unit spans two full floors and offers a flexible layout with a bright living room with bay windows, a generous dining area (options as a third bedroom), a large eat-in kitchen, with access to a private fenced garden via front entry. Upstairs, two charming bedrooms in keeping with the home's era are complemented by an oversized bathroom with soaker tub, glass shower, and integrated laundry. On the main level, a self-contained one-bedroom suite provides reliable rental potential with its own laundry, ample storage, walk-in closet, and access to a private garden. At the front of the home, a bright spacious street-level office with private entrance, 2-piece bath, Victorian features, and original pocket doors creates a true work-from-home environment or additional income opportunity. The space also offers flexibility to be re-integrated into the main floor layout over time. Southern exposure brings consistent natural light, complemented by two private outdoor areas, five-car parking, and an unfinished basement with separate entrance offering additional flexibility and long-term potential. All just steps to Locke Street's cafés, restaurants, and wine bars, Hess Village, and downtown Hamilton, with convenient access to hospitals, transit, and the GO Station. An income property with a true owner's unit - well-located, functional, and positioned for long-term flexibility.
Estimate your monthly payments for this property
Estimated Payment
$5,125.39/mo
Includes CMHC insurance ($27,872)
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.
177 Charlton 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 $500/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 44 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.
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 $4,163 (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.