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194 DELAWARE Avenue, Hamilton — listed at $689,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
Excellent opportunity in Hamilton’s established St. Clair neighbourhood! This tenanted duplex offers outstanding versatility for investors, multi-generational families, or buyers looking to offset their mortgage with rental income. The main floor apartment features 2 bedrooms, while the upper unit spans the second and third floors and offers 3 bedrooms. The basement features a separate entrance, providing additional possibilities. The property also includes a detached garage. The home could potentially be converted back to a single-family residence, offering flexibility to suit a variety of needs. Enjoy a convenient location close to public transit, shopping, schools, St. Peter’s Hospital and Gage Park, with many everyday amenities nearby. The neighbourhood’s established residential character and access to local services add to its appeal. A property with multiple living options and exciting potential for investors or homeowners looking to make the most of their investment! (id:60164)
What's the parking situation?+
This property includes 3 spaces — Detached Garage.
How is the space laid out across floors?+
This is a 2.5-storey multi-family. The 5 bedrooms and 2 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $6,587.1, heating is radiant heat, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the home heated? Is it efficient?+
Heating is radiant heat, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
This home was built in 1919 — what should I watch for?+
Homes from this era may have original wiring, plumbing, or insulation. Key checks: electrical panel (100 vs 200 amp), roof age, furnace age, and whether the basement has ever had water issues. A thorough home inspection is essential.
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