Home with brick exterior material, street for 14 Norway Ave, Hamilton Ontario L8M 2V7
19 hours on Market

14 Norway Ave, Hamilton, Ontario L8M 2V7

Townhouse
5
2
~1500-2000 sqft
$849,900
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$4,250Cashback
Townhouse
5
2
~1500-2000 sqft

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Highlights

Property Estimate

Days on market19 hours

Estimated valueNot available

Price/Sqft$495/sqft

Monthly cost

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Description

Investors Dream in Blakeley: Dual-Unit Duplex with Bonus Barn at 14 Norway Avenue. Discover this versatile and charming legal duplex nestled in Hamiltons sought-after Blakeley neighborhood. With approximately 1,900 sq ft of well-designed living space, this property offers the perfect blend of comfort, storage, and income potential. Two well-appointed units a spacious two-bedroom unit and a comfortable three-bedroom unit ideal for owner-occupiers or income-generating tenants. Along with multiple storage units which are rented. Prime location just steps away from the verdant beauty of Gage Park, the convenience of St. Peters Hospital, and the dynamic boutiques and cafés of Ottawa Street. Investor-friendly layout live in one unit while renting the other, or maximize your rental portfolio with two income streams. Standout Feature Huge Barns with Endless Possibilities. Currently rented as storage. At the rear of the property sits two large barns, offering abundant storage and exciting development potential. For savvy investors, its a prime opportunity to add an Additional Dwelling Unit (ADU) or create a unique workspace, studio, or workshop all while maintaining rental income from the main house. Strong Current Income Unit 1: $1,850 + hydro Unit 2: $1,995 + hydro Unit 3/6: $650/month Unit 4: $250/month Unit 5A: $475/month Unit 5B: $500/month Cap Rate: 6.6%


Property Details

Style2-Storey
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size1,950 Ac(75 x 26)
Parking Spaces12
MLS ®NumberX12344973
Community NameBlakeley
Data SourceTRREB
Listing byRE/MAX ESCARPMENT REALTY INC.

Features

Heating: Forced Air
Cooling: Window Unit
Basement: Unfinished, Full

Main Floor

Living

4.11 x 3.71

Dining

3.35 x 3.4

Br

2.87 x 2.69

Bathroom

1.8 x 1.6

4 Pc Bath


Features

Lot size: 1,950 Ac

Parking

Garage spaces 8

Garage type Detached

Other parking spaces 4

Total parking spaces 12


Market Data - Blakeley

Geo Zone Map ThumbnailBlakeley

Strong Seller's Market

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Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2024

0 day

New Listings

Past 30 days

0 listing

Compared to

2024

1 listing

Units sold

Past 30 days

0 unit

Compared to

2024

0 unit

Median Sold Price

Past 30 days

$0

Compared to


Population and Demographics

Overview

Total population 3280
Average household income $93,143

Age (%)

0 to 19
19%
20 to 34
24%
35 to 49
22%
50 to 64
20%
65 and plus
15%

Household composition (%)

Single family
51%
Single person
43%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
88%
Others
4%
Spanish
2%
French
2%
Polish
1%

House tenancy (%)

Renters
59%
Owners
41%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget