$700,000 - 49 Province Street, Hamilton
Multi-Family for Sale in Hamilton
138 days on market- MLS Number
- X12712684
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 138
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Hamilton
- Lot Size
- 3,261 sqft
- Listing Brokerage
- ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Step into this solid brick 2.5-storey home in the highly desirable Delta neighbourhood where historic charm meets smart opportunity! This property is ideal for those looking to live beautifully, invest wisely, or create a multi-generational haven! The spacious covered front porch invites you into the home's bright & updated spaces featuring stained glass windows, a wonderful balance of character & modern comfort! Currently designed as a two-family residence, this home offers incredible flexibility that's hard to find! MULTI-GENERATIONAL! Enjoy life close to loved ones while maintaining privacy thanks to two separate self-contained units with its own laundry! SINGLE-FAMILY HOME! With minimal changes this home can easily be converted back with the possibility of 4-5 bedrooms perfect for growing families or anyone looking for extra space to live, work & play! INVESTORS! Legal Duplex! Two distinct units means strong rental potential, stable income & the ability to live in one space while the other helps pay the mortgage! The finished loft adds even more appeal as a primary suite or retreat! Recent upgrades bring confidence & peace of mind: Roof 2020; Furnace 2018; New Garage siding, roof & side door; new kitchen window; updated main floor kitchen; 2 full bathrooms renovated; new flooring, fresh paint, ceiling & pot lights in basement; & some newer appliances! Step outside to a fully fenced backyard ideal for family barbecues, pets or relaxing! The rare, detached garage adds even more value making this home a standout in the neighbourhood! Perfectly located near top-rated schools, beautiful parks, shopping & quick HWY access, this is more than just a home, it's a chance to build your future in one of Hamilton's most loved communities! Whether you're a first-time buyer ready to offset your mortgage, an investor looking for strong returns or a family who wants to live close while keeping independence, this Delta home is the perfect blend of heart, history & opportunity!
Estimate your monthly payments for this property
Estimated Payment
$3,591.36/mo
Includes CMHC insurance ($19,530)
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.
49 Province 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 $467/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 138 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.
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 $2,917 (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.