A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 262 Robert St, Hamilton Ontario L8L 2R4
37 days on Market

262 Robert St, Hamilton, Ontario L8L 2R4

Townhouse
-
4
~2500 sqft
$1,049,900
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Townhouse
-
4
~2500 sqft

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Highlights

Property Estimate

Days on market37 days

Estimated valueNot available

Price/Sqft$419/sqft

Monthly cost

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Description

Welcome to 262 Robert Street! This meticulously updated, LEGAL 4-unit building offers 4 beautifully finished 1BR apartments, making it an excellent and rare investment opportunity. Located one block from the General Hospital and conveniently located downtown, it provides easy access to nearby amenities, shops, and restaurants. With a solid 6.41% cap rate, this property is further enhanced by recent major capital improvements, including a new roof (2024) and furnace (2024), as well as all new windows and doors (2021) and AC units (2021). Live in one unit while the other three cover your mortgage and expenses. Don’t miss this chance to own a well-maintained, income-generating property in a prime location!


Property Details

StyleResidential Income
View-
Age of property-
SqFt~2500 SqFt
Lot Size2,273 SqFt(90.77 x 25.05)
Parking Spaces2
MLS ®Number40773685
Community NameLandsdale
Data SourceITSO
Listing byRight at Home Realty

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air
Basement: Full, Unfinished

Features

Lot size: 2,273 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Population and Demographics

Overview

Total population 6097
Average household income $82,643

Age (%)

0 to 19
20%
20 to 34
29%
35 to 49
19%
50 to 64
18%
65 and plus
13%

Household composition (%)

Single family
48%
Single person
42%
Multi person
9%
Multi family
1%

Mother tongue (%)

English
76%
Portuguese
6%
Spanish
3%
Vietnamese
2%
Arabic
2%
Others
2%
French
2%
Somali
2%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Renters
67%
Owners
33%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget