72 & 74 Delawana Drive, Hamilton

Price: $777,400

6 bedrooms, 2 bathrooms

2,000 - 2,499 sqft

Property Type: Multi-Family

MLS#: X13014150

TWO HOMES FOR THE PRICE OF ONE! Live in one and enjoy the flexibility of having a second fully self-contained home under the same roof. Welcome to 72 & 74 Delawana Drive, a rare front-and-back attached duplex designed for real life living, with separate entrances. The unique layout provides enhanced privacy, dedicated outdoor space, and two front-yard parking spots per residence. One home has just been beautifully professionally renovated and is completely move-in ready, while the other is currently tenanted, offering the opportunity to help offset household expenses now, with the potential to make it your own in the future. Each unit offers a four-piece bathroom, a bright kitchen, spacious living and dining areas, a partially finished basement and includes a new wooden backyard fence (valued at $7,500). Conveniently located just off Centennial Parkway, you are minutes away from public transit, the Confederation GO Station, highway access, shopping, and schools.

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$777,400 - 72 & 74 Delawana Drive, Hamilton

Multi-Family for Sale in Hamilton

60 days on market
6Beds
2Baths
2,000 - 2,499Sq Ft
Multi-Family
Property Details
MLS Number
X13014150
Property Type
Multi-Family
Status
active
Days on Site
60
Bedrooms
6
Bathrooms
2
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Hamilton
Listing Brokerage
ROYAL LEPAGE MACRO REALTY
Description

TWO HOMES FOR THE PRICE OF ONE! Live in one and enjoy the flexibility of having a second fully self-contained home under the same roof. Welcome to 72 & 74 Delawana Drive, a rare front-and-back attached duplex designed for real life living, with separate entrances. The unique layout provides enhanced privacy, dedicated outdoor space, and two front-yard parking spots per residence. One home has just been beautifully professionally renovated and is completely move-in ready, while the other is currently tenanted, offering the opportunity to help offset household expenses now, with the potential to make it your own in the future. Each unit offers a four-piece bathroom, a bright kitchen, spacious living and dining areas, a partially finished basement and includes a new wooden backyard fence (valued at $7,500). Conveniently located just off Centennial Parkway, you are minutes away from public transit, the Confederation GO Station, highway access, shopping, and schools.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,988.46/mo

Includes CMHC insurance ($21,689)

$
$
5%10%50%

5-yr fixed avg.

Principal: $699,660Interest: $475,190
Mortgage Amount$721,349
Total Interest$475,190
Est. Property Tax$551/mo
Total Cost$1,196,539

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

72 & 74 Delawana Drive, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,100/mo
Range: $3,485 - $4,715
Cap Rate (ROI)
5.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$4,100
Maintenance Fees-$0
Property Tax (est.)-$551
Insurance (est.)-$162
Net Cash Flow+$3,387

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 $389/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 60 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 $3,239 (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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    72 & 74 Delawana Drive, Hamilton | $777,400 | Battaglia Team