Home with brick exterior material, street for 42 Florence St, Hamilton Ontario L8R 1W6
58 days on Market

42 Florence St, Hamilton, Ontario L8R 1W6

Townhouse
5
5
- sqft
$750,000
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Townhouse
5
5
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$3,221/mo

Tax Amount (2024)$5,397/yr

Days On Market58 days


Description

Exceptional investment opportunity in Hamilton's sought-after Strathcona neighborhood! This fully tenanted fourplex offers strong, consistent rental income with excellent cash flow potential. Located in a prime area near parks, schools, and transit, it ensures high rental demand and long-term appreciation. Investors will appreciate the steady returns and minimal vacancies. Located in a prime area near school, University, and parks. Showings require at least 48 hours' notice, and all tenants must be notified in advance.


Property Details

Style3-Storey
View-
Age of property-
SqFt-
Lot Size1,789 SqFt(66.17 x 27.05)
Parking Spaces4
MLS ®NumberX11989958
Community NameStrathcona
Data SourceTRREB
Listing byEXECUTIVE HOMES REALTY INC.

Features

Heating: Forced Air
Basement: Apartment

Features

Lot size: 1,789 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Feb 26, 2025
ListedActive
$750,000
58 days on market
history photo preview1
Listing by trreb®
Property listed by EXECUTIVE HOMES REALTY INC., Brokerage

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Market Data - Strathcona

Geo Zone Map ThumbnailStrathcona

Strong Seller's Market

View Market Data

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

2023

0 day

2022

3 days

New Listings

Past 30 days

2 listings

Compared to

2024

2 listings

2023

1 listing

2022

1 listing

Units sold

Past 30 days

0 unit

Compared to

2024

0 unit

2023

0 unit

2022

1 unit

Median Sold Price

Past 30 days

$0

Compared to

2022

$950,000


Population and Demographics

Overview

Total population 5848
Average household income $92,939

Age (%)

20 to 34
26%
65 and plus
20%
50 to 64
19%
35 to 49
19%
0 to 19
16%

Household composition (%)

Single person
50%
Single family
42%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
77%
Arabic
3%
Others
3%
Portuguese
3%
Spanish
2%
Vietnamese
2%
Yue (Cantonese)
1%
Mandarin
1%
French
1%
Somali
1%
Italian
1%

House tenancy (%)

Renters
63%
Owners
37%

Schools and amenities

Estimated Budget