$799,000 - 213 Rosewood Road, Hamilton
Multi-Family for Sale in Hamilton
105 days on market- MLS Number
- X12766084
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 105
- Bedrooms
- 6
- Bathrooms
- 2
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- RIGHT AT HOME REALTY
5.57% Caprate Side-by-Side Duplex 213 & 215 Rosewood Rd on a Corner 40x96 Foot Lot. Each Side is Rented at $2,250/month + All Utilities = $54,000 Annual. Landlord Expenses are Only Boiler Rental ($2,556/year), Insurance ($1,272/year) & Property Taxes ($5,644/year), Total $9,472 Annual = $44,528 Net Annual Income. A Truly Unique Forever Home & Investment Property with a Garage in the Sought After Glenview West Neighborhood. 215 Side is Recently Renovated in 2025, and Substantial Upgrades were Completed in 2020 for the Entire Property. Live in one & Rent Out the Other Unit, or Rent Out Both and Receive Good Cashflow. If You Open One to the Other, You'll Have a Total of 6 Bedrooms & 2 Full Bathrooms! Both Sides are Nearly Identical in Their Layout, Just Mirror Images of Each Other! In 2025 Work Included New Flooring & Light Fixtures, Fresh Paint, New Countertops, Vanity, Doors, Backyard Restoration, Kitchen Cabinets Restoration, New Kitchen Countertop, New Boiler, New Toilet & Some New Fencing. In 2023 on 215 Side New Fridge & Stove. In 2020, Work on Entire Property Included New Windows, Garage Shingles, New Fascia, Soffits, Eavestroughs, Ridge Cap Singles, New Fascia Board & Vinyl Wood-share Shingle, Bath-fitter Tubs, New Bathroom Tiles, New Kitchen Floor & Sinks, Exterior Home Painting, New Carpet in Unit 213. A lot of the Timeless Older Charm & Character Has Been Preserved to Impress Your Guests! Abundance of Overnight Street Parking on Both Adjacent Streets. Unfinished Basements with Windows House the Laundry Rooms & Are Great for Storage, Workshop, and Many More Uses. Backyards are Nice and Long, Fully Fenced and Private. Ready For You Potential to Create an Extra Parking Spot in Front of Unit 215! Potential To Sever Lot Will Unlock an Extraordinary Amount of Value! Close to the Red Hill Valley Pkwy Exit, The Metro, Dollarama, and Lots of Plazas! Don't Miss Out on this Opportunity! *Photos Have Been Virtually Staged by Removing Furniture, Clutter and/or Debris*
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.
213 Rosewood 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 $400/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 105 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.
Excellent Flexibility
With 6 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.