287 Hunter Street, Hamilton

Price: $600,000

4 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Multi-Family

MLS#: X12557112

Recently renovated, turn-key Legal Duplex Investment Opportunity on a quiet dead-end street in Prime downtown location! This fully legal duplex offers exceptional convenience-steps to transit, minutes to highway access and mountain access. Both 2-bedroom / 1-bath units feature private entrances, in-suite laundry, and are within walking distance to all major amenities. Unit 1: Two-level layout with a private rear entrance, bright main floor with 9 ft ceilings, and a fully finished basement. Unit 2: Private front entrance with living space on two floors. Major upgrades include: electrical, plumbing, kitchens, bathrooms, and flooring in 2021 and Roof, Furnace and A/C in 2025. Perfect for investors or owner-occupants seeking rental income in a high-demand area. Some photos are VS staged.

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$600,000 - 287 Hunter Street, Hamilton

Multi-Family for Sale in Hamilton

135 days on market
4Beds
2Baths
1,500 - 1,999Sq Ft
Multi-Family
Property Details
MLS Number
X12557112
Property Type
Multi-Family
Status
active
Days on Site
135
Bedrooms
4
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Hamilton
Listing Brokerage
RE/MAX WEST REALTY INC.
Description

Recently renovated, turn-key Legal Duplex Investment Opportunity on a quiet dead-end street in Prime downtown location! This fully legal duplex offers exceptional convenience-steps to transit, minutes to highway access and mountain access. Both 2-bedroom / 1-bath units feature private entrances, in-suite laundry, and are within walking distance to all major amenities. Unit 1: Two-level layout with a private rear entrance, bright main floor with 9 ft ceilings, and a fully finished basement. Unit 2: Private front entrance with living space on two floors. Major upgrades include: electrical, plumbing, kitchens, bathrooms, and flooring in 2021 and Roof, Furnace and A/C in 2025. Perfect for investors or owner-occupants seeking rental income in a high-demand area. Some photos are VS staged.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,078.31/mo

Includes CMHC insurance ($16,740)

$
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5-yr fixed avg.

Principal: $540,000Interest: $366,753
Mortgage Amount$556,740
Total Interest$366,753
Est. Property Tax$425/mo
Total Cost$923,493

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.

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Neighbourhood Guide: Hamilton

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

287 Hunter Street, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
5.3%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$425
Insurance (est.)-$125
Net Cash Flow+$2,650

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

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 135 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.

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 $2,500 (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.

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    287 Hunter Street, Hamilton — $600,000 | Battaglia Team