No photos available
Investment signal

$639,900

127 EAST Avenue S

Beds

4

Baths

4

Sqft

Year

1888

About this home

Welcome to 127 East Avenue South, a well-maintained duplex ideally located in one of Hamilton’s most central and connected neighborhoods. This versatile property offers two self-contained and separately accessed units, making it an excellent opportunity for investors, multi-generational living, or owner-occupiers looking to offset expenses with rental income. The front unit features a spacious and functional layout offering three bedrooms and two bathrooms and a fully finished basement, providing ample space for families or professional tenants. Generous room sizes and a thoughtful floor plan create comfortable living areas with flexibility for modern living. The rear unit is stunning with high lofted ceilings and natural light from the mant skylights, offering a one-bedroom layout with two bathrooms, ideal for extended family, guests, or additional rental income. Each unit is designed to function independently, enhancing privacy and usability for multiple occupants. Situated just minutes from downtown Hamilton, hospitals, public transit, parks, schools, shopping, dining, and major commuter routes, this property delivers exceptional convenience and walkability. The location is especially attractive for tenants and homeowners alike due to its proximity to the hospital corridor, GO Transit, and vibrant urban amenities. Whether you are looking to expand your investment portfolio, live in one unit while renting the other, or accommodate multi-family living, 127 East Avenue South presents strong long-term potential in a sought-after area of the city. A rare duplex opportunity offering flexibility, income potential, and an unbeatable central location. (id:65958)

Subtype
Single Family
MLS#
40820491
Area
HAMILTON
Negative cash flow ~$1,274/mo at these assumptions

Cash on cash

-11.94%

Cap rate

3.50%

GRM

16.7

Break-even rent

$4,541

Financing

Down payment$127,980
Loan amount$511,920
Mortgage$3,141/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$293
Insurance$80
Maintenance$533
CapEx reserve$267
Vacancy loss$160

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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 $3,141/mo at 5.49% with 20% down, 25-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 16, 2026.

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