$1,275,000 - 119 Ottawa Street, Hamilton
Multi-Family for Sale in Hamilton
New — Listed yesterdayNeighbourhood: Crown Point
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- MLS Number
- X13867358
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 1
- Bedrooms
- 12
- Bathrooms
- 8
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Hamilton
- Taxes (2026)
- $18,332
- Listing Brokerage
- RE/MAX REAL ESTATE CENTRE INC.
Welcome to 119 Ottawa Street North, a multi-unit investment opportunity ideally situated in the heart of Hamilton's vibrant Ottawa Street district. Located in an established and highly accessible neighbourhood, this property offers investors an opportunity to own in one of the city's most recognizable and evolving communities. Tenants can enjoy the convenience of a walkable location just steps from Ottawa Street's popular shops, restaurants, cafés and everyday amenities. Public transit is nearby, with convenient access to major transportation routes, Centre on Barton and Gage Park. An excellent opportunity for investors looking to add a well-located multi-unit property to their portfolio in a neighbourhood that continues to attract residents seeking convenience, character and accessibility.
Estimate your monthly payments for this property
Estimated Payment
$5,639.76/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 Crown Point
Crown Point 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 Crown Point
- •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
Crown Point 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.
119 Ottawa 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 $425/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Hamilton's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 12 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.
Bathroom Count Matters
With 8 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.
About Crown Point
I know Crown Point 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.