$824,500 - 207-209 Victoria Avenue, Hamilton
Multi-Family for Sale in Hamilton
Popular ListingNeighbourhood: Landsdale
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- MLS Number
- X13769800
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 12
- Bedrooms
- 8
- Bathrooms
- 4
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- CENTURY 21 PERCY FULTON LTD.
An exceptional real estate portfolio addition awaits at 207 & 209 Victoria St. North, Hamilton, Ontario. Being sold together, this unique package offers investors or multi-generational families the rare advantage of acquiring two adjoining, 2-story semi-detached properties side-by-side for the price of one. Featuring 3,048 sq. ft. of total living space, this turnkey residential investment package consists of 4 self-contained units distributed across the properties, with each semi-detached home housing two spacious 2-bedroom apartments. Designed for maximum returns and long-term income stability, the property also includes 2 unfinished basements primed for value-add optimization. Key Property Features: Tenant-Ready Multi-Family Layout: Comprises four well-designed, independent 2-bedroom units. Separately Metered Utilities: Equipped with 4 independent gas meters, shifting heating costs to tenants and reducing landlord overhead. Private Outdoor Spaces: Every individual apartment boasts its own dedicated deck/balcony, providing highly desirable private outdoor space. Massive Value-Add Potential: The 2 unfinished basements offer a clean slate and an outstanding opportunity to renovate, develop additional usable square footage, and dramatically scale up your monthly cash flow. Great location close to Hamilton general hospitals, Ron Joyce Children's Health Centre and Public Transit.
Estimate your monthly payments for this property
Estimated Payment
$4,230.11/mo
Includes CMHC insurance ($23,004)
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 Landsdale
Landsdale 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 Landsdale
- •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
Landsdale 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.
207-209 Victoria 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 $275/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.
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 8 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 4 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 Landsdale
I know Landsdale 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 $3,435 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.