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Stinson, Hamilton
$679,900
Live in one suite and rent the other, or rent both. This legal non-conforming duplex, built in 1900, delivers two self-contained units on a quiet dead-end street at the base of the escarpment in Hamilton's Stinson neighbourhood. With a tenant already in place on the main floor, rental income is there from day one, while the upper unit has been updated with new flooring, fresh paint and new light fixtures, so it is ready for you to move in or rent out. Upstairs, the second floor holds a kitchen, two bedrooms and a 4-piece bath, and the attic level adds a second living area and a bonus room with potential for an additional bedroom or home office. Downstairs, the main-floor unit features a living room, kitchen, 4-piece bath and one bedroom. Separate entrances and hydro meters give each household its own space and utilities, and shared basement laundry keeps things simple. A private driveway fits 3-4 vehicles, a detached garage adds storage, and the fenced, low-maintenance backyard includes a patio. Two suites, built-in income and room to grow: book your private showing and see the value for yourself. **Upper Unit has been virtually staged
No extras listed.
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| Type | Detached |
| Style | 2 1/2 Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $4,999 |
| Lot Size | 30 ft x 101.66 ft |
| mls© Number | X13843956 |
| Listed By | Epique Realty |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,480
- Property tax
- $417
- Heat allowance
- $150
- Housing costs
- $4,047 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$125,000
gross annual household income
- Payment at 4%
- $2,861 / mo
- Cash down
- $135,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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