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40 CLARENDON AVENUE, Hamilton (Balfour) — listed at $749,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
Legal duplex on the Hamilton Mountain, converted under permit with all permits closed. 40 Clarendon Avenue is a detached, solid-brick bungalow in Balfour, just off Upper James and Fennell, configured as two self-contained units with separate entrances, separate kitchens, in-suite laundry and separate hydro meters. The main-floor unit has three bedrooms, a four-piece bathroom, a generous size living room and an updated modern kitchen with quartz countertops. It is vacant, which gives a buyer two clean options: move in, or choose a tenant and set rent at today's market rate. The lower unit has two large bedrooms plus an additional flex space, a brand-new kitchen, a brand-new three-piece bathroom and its own entrance. It is currently rented at $2,050 per month. The work behind the walls matters as much as the finishes. Electrical has been updated, each unit is metered separately for hydro, and the conversion documentation is available to serious buyers. Gas heating and central air serve the home. The lot carries a double-wide asphalt driveway with parking for four vehicles, a practical detail for a two-unit property. Public transit, parks, schools and hospital services are close by, and Upper James puts groceries, restaurants and the LINC within a short drive. For an investor, this is a turnkey two-unit property with one rent in place and one unit ready to lease. For an owner-occupier, the lower unit's rent offsets the monthly carrying cost. Freehold, with flexible possession. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 5.46 x 3.35 meters |
| Kitchen | Main level | 4.75 x 3.45 meters |
| Primary Bedroom | Main level | 3.81 x 2.72 meters |
| Bedroom | Main level | 3.3 x 3.51 meters |
| Bedroom | Main level | 3 x 3.51 meters |
| Living room | Basement | 4.55 x 3.84 meters |
| Dining room | Basement | 2.03 x 3.35 meters |
| Kitchen | Basement | 2.77 x 3.35 meters |
| Bedroom | Basement | 4.09 x 3.23 meters |
| Bedroom | Basement | 3.2 x 2.84 meters |
Is 40 CLARENDON AVENUE a good fit for a growing family?+
With 5 bedrooms and 2 bathrooms, there's room for kids plus a guest room or home office.
Does it have a basement, and is it finished?+
Yes — Finished, Full, Apartment in basement, Separate entrance, N/A, N/A, N/A. A finished basement adds meaningful living space beyond the listed square footage.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $5,138.87, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Could this work as an investment property?+
The basement description mentions: Finished, Full, Apartment in basement, Separate entrance, N/A, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Hamilton (Balfour) before counting on it.
What's the parking situation?+
This property includes 4 spaces — No Garage.
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