$1,099,000 - 282 Hess Street, Hamilton
Multi-Family for Sale in Hamilton
New — Listed 2 days agoNeighbourhood: Durand
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- MLS Number
- X13862390
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 2
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Hamilton
- Lot Size
- 2,465 sqft
- Taxes (2026)
- $6,665
- Listing Brokerage
- ROYAL LEPAGE STATE REALTY
This circa 1912 Victorian triplex is the kind of property that makes you stop scrolling! Set in one of Durand's most sought-after locations, it combines timeless character, smart updates, exceptional living spaces and an outstanding tenant setup. The main-level 1-bedroom suite features tall ceilings, preserved character, hardwood floors, a stylish kitchen and walkout to the rear patio. Unit 2 is truly exceptional-a two-level suite with exposed brick, wood floors, soaring ceilings, huge character windows and a striking staircase. The open-concept main level offers a stunning eat-in kitchen with peninsula, spacious living/dining areas, 2-piece bath, in-suite laundry and room for a home office overlooking the trees. Upstairs, the impressive primary retreat features a spa-like bath with skylight, large walk-in closet with built-ins and walkout to a private deck-your own perch among the trees. The lower-level bachelor suite offers a private entrance, open-concept living/dining area, Euro kitchen, separate bedroom and 3-piece bath. Common laundry adds convenience. Three suites, excellent parking, lovely outdoor space and A+ tenants. Just a short stroll to GO, AGH, shopping, parks and all that Durand has to offer. A rare investment opportunity with character, income and location in one standout package.
Estimate your monthly payments for this property
Estimated Payment
$4,861.25/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 Durand
Durand 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 Durand
- •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
Durand 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.
282 Hess 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 $550/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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 Durand
I know Durand 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 $4,579 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.