Re-listed 20 days ago

49 Proctor Blvd, Hamilton, Ontario L8M 2M5

Other
-
-
~3214 sqft
$•••,•••
$779,900
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Other
-
-
~3214 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$242/sqft

Est. Mortgage$3,349/mo

Tax Amount (2024)$5,455/yr

Days On Market20 days

Total Days On Market66 days


Description

Investor Alert! Welcome to 49 Proctor Ave! This HUGE 3200sq ft LEGAL DUPLEX has a TON of potential! Projected Gross rents of 5500/month makes this home an amazing Cashflow opportunity. Home has great bones with lots of character. The basement has ceilings over 8' high, and would be perfect for adding another unit and turning this home into a legal Triplex! (there is already a separate entrance). Units are as follows: Main Floor - 2 bedroom/1 bath unit with a large living/dining rm. Upper Unit - 5 bed / 2 bath (over two floors). Basement is partially finished and used for storage/laundry. The Location is amazing, with everything in close proximity, and just steps to Main/King bus and future LRT stop. Perfect home for investors, or those looking to live in one unit and rent out the others!


Property Details

StyleApartment
View-
Age of property-
SqFt~3214 SqFt
Lot Size3,499 SqFt(94.58 x 37)
Parking Spaces-
MLS ®NumberX12067966
Community NameGibson
Data SourceTRREB
Listing byROCK STAR REAL ESTATE INC.

Features

Heating: Gas Hot Water
Cooling: N

Features

Lot size: 3,499 SqFt

Property listed by ROCK STAR REAL ESTATE INC., Brokerage

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Market Data - Gibson

Geo Zone Map ThumbnailGibson

Buyer's Market

View Market Data

Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

26 days

Compared to

2024

39 days

2023

20 days

2022

8 days

New Listings

Past 30 days

16 listings

Compared to

2024

11 listings

2023

13 listings

2022

20 listings

Units sold

Past 30 days

6 units

Compared to

2024

9 units

2023

8 units

2022

9 units

Median Sold Price

Past 30 days

$580,000

Compared to

2024

$490,000

2023

$466,000

2022

$750,000


Population and Demographics

Overview

Total population 7422
Average household income $86,536

Age (%)

20 to 34
26%
0 to 19
23%
35 to 49
20%
50 to 64
19%
65 and plus
12%

Household composition (%)

Single family
51%
Single person
40%
Multi person
9%
Multi family
0%

Mother tongue (%)

English
81%
Spanish
3%
Arabic
2%
Portuguese
2%
Somali
2%
Vietnamese
2%
Others
2%
French
1%
Italian
1%

House tenancy (%)

Renters
60%
Owners
40%

Schools and amenities

Estimated Budget