$777,000 - 351 East 27th Street, Hamilton
Multi-Family for Sale in Hamilton
35 days on marketNeighbourhood: Burkholme
- MLS Number
- X13582020
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 35
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- BAY STREET GROUP INC.
*Legal Duplex w/ Garage Ideal For Investors & Homeowners Looking For In-Law Suite* Your opportunity to own a fully renovated legal duplex in Hamilton's desirable Central Mountain community! This turnkey property features separate entrances and self-contained living spaces, making it ideal for investors, multi-generational families, or owner-occupants seeking rental income. The main level offers three spacious bedrooms, an open-concept living and dining area, a modern kitchen with a gas stove, stainless steel appliances, and convenient in-suite laundry. The bright lower-level suite features two generous bedrooms, a full kitchen, a spacious living area, in-suite laundry, a full bathroom with ample storage, and egress windows for added safety and natural light. Enjoy a private backyard with a large lawn, perfect for outdoor entertaining and family gatherings. A rare detached garage provides exceptional space for vehicle parking, a workshop, or additional storage. Conveniently located just minutes from shopping, hospitals, schools, colleges, parks, and public transit, this is an outstanding opportunity in a sought-after neighbourhood.
Estimate your monthly payments for this property
Estimated Payment
$3,986.41/mo
Includes CMHC insurance ($21,678)
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 Burkholme
Burkholme 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 Burkholme
- •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
Burkholme 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.
351 East 27th Street, Hamilton
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Rental income estimator & ROI calculator
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 $706/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 35 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.
Excellent Flexibility
With 5 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.
About Burkholme
I know Burkholme 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 $3,238 (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.