Home with brick exterior material, street for 2 Lydia St, Hamilton Ontario L8K 3B9
Re-listed 16 hours ago

2 Lydia St, Hamilton, Ontario L8K 3B9

Detached
4 + 2
3
~1100-1500 sqft
$•••,•••
$799,000
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Detached
4 + 2
3
~1100-1500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$629/sqft

Est. Mortgage$3,431/mo

Tax Amount (2024)$3,887/yr

Days On Market16 hours

Total Days On Market64 days


Description

Welcome to 2 Lydia Street a TURNKEY triplex nestled on a quiet residential street just minutes from downtown, transit, park and school on a highly desirable Rosedale area of Hamilton . Whether you're an investor seeking cash flowing rental income or a homeowner looking to live in one unit while renting out the others, this property offers unmatched flexibility and value. This exceptional property features 4+2 bedrooms, 3 bathrooms, 3 kitchens, and is spread across three finished levels, offering a versatile layout perfect for investors, multi-generational families, or homeowners seeking a mortgage helper. The main floor offers 3 bedrooms, a 4-piece bathroom, and a full kitchen, currently vacant but can be rented out for $2,100/month. The upper level has a self-contained 1-bedroom unit with a 3-piece bathroom and kitchen, rented for $1,500/month. The fully finished basement features 2 bedrooms, a 4-piece bathroom, and a kitchen, rented for $1,700/month. Thats a total gross annual income of $64,800, with potential for even more. Triple A tenants are in good standing and willing to stay. The buyer may choose to occupy the main unit and rent out the others. Extensive updates have been completed, including new appliances, flooring, and plumbing, furnace and AC (2021), hot water tank (2020), a new deck, upgraded 200-amp electrical panel (2020), 18 replaced windows (2021), newer roof, and a whole home water filtration system. Capitalize on Hamilton's strong rental demand with this ready-to-go income property. Add to your portfolio with minimal effort, or explore owner-occupancy while tenants help cover the mortgage!


Property Details

Style1 1/2 Storey
View-
Age of property51-99
SqFt~1100-1500 SqFt
Lot Size4,400 SqFt(110 x 40)
Parking Spaces1
MLS ®NumberX12241599
Community NameRosedale
Data SourceTRREB
Listing byRIGHT AT HOME REALTY

Features

Heating: Forced Air
Cooling: Central Air
Basement: Finished, Sep Entrance

Main Floor

Br

3.28 x 3.28

Br

3.35 x 3.81

Br

2.46 x 2.95

Kitchen

3.4 x 3.12


Features

Lot size: 4,400 SqFt

Parking

Garage spaces 1

Garage type Attached

Other parking spaces 0

Total parking spaces 1


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
16 hours on market
history photo preview19
Listing by trreb®
Property listed by RIGHT AT HOME REALTY, Brokerage

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Market Data - Rosedale

Geo Zone Map ThumbnailRosedale

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

20 days

Compared to

2024

57 days

2023

14 days

2022

11 days

New Listings

Past 30 days

13 listings

Compared to

2024

9 listings

2023

9 listings

2022

13 listings

Units sold

Past 30 days

10 units

Compared to

2024

4 units

2023

12 units

2022

7 units

Median Sold Price

Past 30 days

$704,000

Compared to

2024

$743,500

2023

$787,500

2022

$790,000


Population and Demographics

Overview

Total population 4106
Average household income $102,028

Age (%)

50 to 64
22%
0 to 19
21%
20 to 34
20%
35 to 49
19%
65 and plus
18%

Household composition (%)

Single family
64%
Single person
30%
Multi person
4%
Multi family
1%

Mother tongue (%)

English
86%
Italian
2%
Others
2%
Spanish
2%
Croatian
2%
French
1%
Polish
1%
Arabic
1%

House tenancy (%)

Owners
66%
Renters
34%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget