$899,997 - 270 Queen Street, Hamilton
Multi-Family for Sale in Hamilton
New — Listed yesterday- MLS Number
- X13453078
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 1
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- COLDWELL BANKER COMMUNITY PROFESSIONALS
The loveliest Victorian in one of Hamilton's most cherished neighbourhoods. Nestled in Kirkendall and bordering the Historic Durand neighbourhood, this triplex presents an exceptional opportunity to diversify your portfolio and invest in a timeless asset. All three units are above grade and currently occupied by A+++ tenants. The main floor offers a thoughtfully designed 1-bedroom suite featuring a spacious living room, high ceilings, separate dining room/den, 4pc bath, spacious kitchen, and walkout to a private 204 sq. ft. deck. The second-floor 1-bedroom unit is filled with natural light, and features a large combined living and dining area with decorative fireplace, plenty of storage in kitchen, and walkout to a 161 sq. ft. deck, an updated shower, high ceilings, and abundant Victorian charm. The third-floor 1-bedroom suite with living room and well-sized kitchen offers its own private deck with lovely westerly views. This 2.5-storey all-brick Victorian offers three outdoor decks, a rear fire escape, shared laundry, storage and utility space in the basement, and parking for three vehicles at the rear. Minimal exterior maintenance makes this an attractive option for busy investors, with original slate roof on the main structure and shingles on the rear addition. Ideally located within walking distance to Locke Street South shops, restaurants, cafés, parks, trails, excellent schools, and the Hamilton GO Centre, with easy cycling to McMaster University and close proximity to Hamilton's major hospitals. Income and expense statement, floor plans, and existing survey available upon request. Building records dated April 8, 2019 indicate the recognized use as a three-family dwelling. Vendor advises that all City and Fire Department work orders have been completed to the satisfaction of the applicable inspectors. A rare opportunity to own a character-filled income property in one of Hamilton's most sought-after neighbourhoods. Come and see what all the fuss is about.
Estimate your monthly payments for this property
Estimated Payment
$4,617.45/mo
Includes CMHC insurance ($25,110)
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.
270 Queen Street, 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 $360/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.
Bathroom Count Matters
With 3 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 $3,750 (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.