$1,099,000 - 33 Homewood Avenue, Hamilton
Multi-Family for Sale in Hamilton
- MLS Number
- X12946052
- Property Type
- Multi-Family
- Status
- delisted
- Days on Site
- 17
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
The prettiest house on one of the best streets in Kirkendall. This is a legal duplex with a third fully self-contained lower suite and a detached 2-bay garage that adds even more upside. Multiple income streams offering great opportunity. The main floor is a well-designed 1-bedroom unit with a full living room, separate dining/den, in-suite laundry, and a walkout to a private deck. Easy to rent. Easy to keep rented. The upper unit spans the second and third floors and lives like a full home. Two bedrooms, two bathrooms, a brand new 4-piece bath (2026), kitchen and dining with new pot lights, in-suite laundry, and a walkout to a 210sqft deck plus an additional upper-level balcony. This is where your top-end rent comes from or enjoy as your new home. The basement is a proven performer. Fully self-contained with kitchen, bathroom, bedroom, and living space. Currently operating as a successful Airbnb, but flexible for mid-term or long-term use depending on your plan. The detached double garage (2017) has hydro and offering extra perks. Use it for parking, workspace, or rent out each bay for additional income. Not just storage. Actual revenue potential. There's no sacrifice with a private double-wide driveway at the front too. The beautiful exterior stands out among the rest. Covered front porch, multiple decks, patio, exposed aggregate and professionally landscaped (2023). This shows beautifully and is a huge value add for securing top tenants. Upgraded and well kept throughout he years. Buy it as a house hack. Run it as a triplex-style investment. Live in one unit and let the rest carry it. Convert back and enjoy. Few properties give you this many ways to win in a neighbourhood like this.
Estimate your monthly payments for this property
Estimated Payment
$4,861.25/mo
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.
33 Homewood 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 $733/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 17 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 $4,579 (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.