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Investment signal

$599,000

175 BURRIS Street

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Beds

Baths

Sqft

—

Year

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Type

Multi-family

Suite

Investment signal

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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

Fantastic opportunity in the sought-after St. Clair area. This solid brick 2-family duplex is conveniently located close to all amenities in a friendly, walkable neighbourhood. 9' ceilings on the main floor, hardwood and banister stairwells make this a unique property. Over 1,400 square feet split across two self-contained units plus finished basement. 1): Main floor 1-bedroom unit includes use of the lower level which provides an additional 425 sq. ft, private laundry and large 4-piece bathroom. 2): Second floor + loft: 3-bedroom unit with 2 bathrooms and lots of living space. Currently generating $34,627.44 in gross revenue. A great investment or chance to make this your own personal character home with growing demand for this pocket of Hamilton. Features: Separate entrances, close to Gage Park, transit, schools, and downtown core. (id:65958)

Subtype: Multi-family
Structure: Duplex
Community: 220 - St. Clair/Blakeley
Common interest: Freehold
Living area: 1,911 square feet
Stories: 2.5
On market: Sep 4, 2025
Status changed: Apr 21, 2026
Annual tax: $4,027.31
Zoning: C
Photos: 37
MLS#: 40766127
Area: HAMILTON

Features and systems

Parking

None

Basement

Partially finishedFull

Heating

Forced air

Cooling

None

Exterior

BrickStoneAluminum siding

Negative cash flow ~$681/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.82%

Cap rate

3.50%

GRM

16.6

Break-even rent

$3,717

Financing

Down payment$119,800

Loan amount$479,200

Mortgage$2,428/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$275

Insurance$80

Maintenance$499

CapEx reserve$250

Vacancy loss$150

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 $2,428/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 21, 2026.