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Investment signal

$749,900

144 OTTAWA Street S

Save this home

Beds

3

Baths

3

Sqft

Year

1923

Type

Multi-family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Hamilton. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Attention investors! Amazing 2 1/2 storey legal Duplex + In-Law Suite, in the heart of the desirable Ottawa St South neighbourhood. Beautifully, completely renovated from top to bottom. Two of the units are currently tenanted. Basement Unit is currently available. New luxury vinyl floors throughout, all new windows, stainless steel appliances & contemporary wood cabinets in kitchens. In-suite laundry in each unit. Private entrance for each unit, parking, motion sensor lighting & security cameras. Walk to shopping & restaurants. 2121sqft of living space. (id:65958)

Subtype
Multi-family
Structure
Triplex
Community
221 - Gage Park
Common interest
Freehold
Living area
1,488 square feet
Parking
3 total
Stories
3
On market
Apr 27, 2026
Status changed
Apr 27, 2026
Annual tax
$4,940
Zoning
D
Photos
28
MLS#
40824194
Area
HAMILTON

Features and systems

Basement

FinishedFull

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick

Foundation

Block

Lot

Paved driveway

Community

High Traffic Area
Negative cash flow ~$838/mo at these assumptions

Cash on cash

-6.71%

Cap rate

3.52%

GRM

16.7

Break-even rent

$4,632

Financing

Down payment$149,980
Loan amount$599,920
Mortgage$3,040/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$344
Insurance$80
Maintenance$625
CapEx reserve$312
Vacancy loss$188

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $3,040/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 27, 2026.

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