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Investment signal

$749,900

324 EAST 33RD STREET

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Beds

Baths

Sqft

—

Year

—

Type

Single Family

Suite

Suite potential

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Location nearby

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

About this home

Welcome to this well?maintained duplex located in a sought?after Hamilton Mountain neighbourhood. The bright and spacious main floor has been freshly painted, offering a clean, move in ready space ideal for families or owner?occupiers. Thoughtful layout, ample natural light, and comfortable living areas make this unit easy to call home.The lower level features a separate unit currently occupied by a great long?term family, providing steady rental income and making this an excellent opportunity for buyers looking to offset mortgage costs or add a solid investment property to their portfolio.Situated close to schools, parks, public transit, shopping, and quick highway access, this property offers both convenience and versatility. Whether you are looking for a home with income potential or a smart duplex investment in an established area, this property delivers strong value and flexibility.A fantastic opportunity in a growing Hamilton market. (id:65958)

Subtype: Single Family
Architectural style: Bungalow
Structure: House
Community: Macassa
Common interest: Freehold
Lot dimensions: 43 x 98.1 FT
Bedrooms: 3 above grade, 2 below grade
Parking: 3 total
Stories: 1
On market: Apr 17, 2026
Status changed: Apr 17, 2026
Annual tax: $4,446.48 (2026)
Photos: 29
MLS#: X13010928
Area: HAMILTON_(MACASSA)

Features and systems

Parking

No Garage

Basement

FinishedFullApartment in basementSeparate entranceN/AN/AN/A

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick

Foundation

Unknown

Lot

In-Law Suite

Negative cash flow ~$838/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

-6.71%

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 17, 2026.