$779,000 - 100 Grant Avenue, Hamilton
Multi-Family for Sale in Hamilton
Neighbourhood: Stinson
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- MLS Number
- X13778576
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 23
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Hamilton
- Taxes (2025)
- $5,150
- Listing Brokerage
- RE/MAX ABOUTOWNE REALTY CORP.
INVESTMENT Property in the desirable Stinson neighbourhood of Hamilton, offering an excellent location and featuring a readily tenanted duplex with excellent tenants and both units leased at strong market value. This income-generating property offers two bright and spacious, self-contained above-grade units, with approximately 2,054 sq ft of above-grade living space plus an additional 880 sq ft of finished basement space. Each unit has a separate entrance and dedicated rear parking space. Unit 1 on the main floor features charming high ceilings, large windows, abundant natural light, one bedroom, a full bathroom with double vanity, a spacious kitchen, and a large great room combined with dining area. Private in-suite-style laundry is located in the basement. Unit 2 on the second floor has been freshly painted and offers three bedrooms, a full bathroom with double vanity, kitchen combined with dining area, a bright family room, and private in-suite laundry. An ideal opportunity for investors seeking a well-located, income-generating property with two separate residential units. Located minutes from Downtown Hamilton, Hamilton GO Centre, West Harbour GO Station, McMaster University, Mohawk College, St. Joseph's Healthcare Hamilton, and Hamilton General Hospital. Don't miss this opportunity!
Estimate your monthly payments for this property
Estimated Payment
$3,996.67/mo
Includes CMHC insurance ($21,734)
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 Stinson
Stinson 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 Stinson
- •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
Stinson 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.
100 Grant 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 $390/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 23 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.
About Stinson
I know Stinson well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
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 $3,246 (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.