72 days on Market

859 Upper Ottawa St, Hamilton, Ontario L8T 3V4

Other
-
2
~1007 sqft
$•••,•••
$799,900
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Other
-
2
~1007 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$794/sqft

Est. Mortgage$3,435/mo

Tax Amount (2024)$4,716/yr

Days On Market72 days


Description

Discover the perfect blend of style and functionality in this LEGAL DUPLEX. With almost $1K per month positive cash flow this home boasts a total of 5 bedrooms and 2 bathrooms across two fully independent units. Ideal for investors or multi-generational families, this property was skillfully converted into a legal duplex in 2022, complete with all necessary permits. The main floor dazzles with an open-concept layout featuring 3 spacious bedrooms, a contemporary bathroom, and in-suite laundry. The kitchen is equipped with sleek stainless steel appliances and pristine quartz countertops. The lower unit, established in 2022 with its own separate entrance, offers a smart, modern living space including 2 bedrooms and modern bathroom. Like its upstairs counterpart, it features a stylish kitchen with quartz countertops and stainless steel appliances, and in-suite laundry - designed for both comfort and privacy. Each unit has separate hydro meters, adding to the investment appeal by simplifying utility management. Located in the desirable Berrisfield neighborhood, this home is just minutes from parks, schools, and public transit, seamlessly combining lifestyle convenience with lucrative investment potential. Whether youre seeking a mortgage helper or a profitable income property, this turnkey legal duplex is an opportunity not to be missed. Make a smart move - invest in a property that keeps on giving.


Property Details

StyleApartment
View-
Age of property-
SqFt~1007 SqFt
Lot Size4,600 SqFt(100 x 46)
Parking Spaces7
MLS ®NumberX11979005
Community NameLisgar
Data SourceTRREB
Listing byROCK STAR REAL ESTATE INC.

Features

Heating: Gas Forced Air Open
Cooling: Y

Features

Lot size: 4,600 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 7


Property listed by ROCK STAR REAL ESTATE INC., Brokerage

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Market Data - Lisgar

Geo Zone Map ThumbnailLisgar

Balanced Market

View Market Data

Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

9 days

Compared to

2024

56 days

2023

35 days

2022

6 days

New Listings

Past 30 days

8 listings

Compared to

2024

4 listings

2023

0 listing

2022

7 listings

Units sold

Past 30 days

2 units

Compared to

2024

2 units

2023

5 units

2022

4 units

Median Sold Price

Past 30 days

$460,000

Compared to

2024

$912,500

2023

$825,000

2022

$841,000


Population and Demographics

Overview

Total population 2983
Average household income $111,166

Age (%)

65 and plus
22%
0 to 19
21%
50 to 64
21%
20 to 34
20%
35 to 49
16%

Household composition (%)

Single family
71%
Single person
25%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
78%
Italian
5%
Arabic
4%
Others
2%
Spanish
2%
Tagalog (Pilipino, Filipino)
2%
French
1%
Polish
1%
Portuguese
1%

House tenancy (%)

Owners
70%
Renters
30%

Schools and amenities

Estimated Budget