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Investment signal

$749,900

324 EAST 33RD STREET

Beds

Baths

Sqft

—

Year

—

Location

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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 ~$1,479/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-11.83%

Cap rate

3.52%

GRM

16.7

Break-even rent

$5,307

Financing

Down payment$149,980

Loan amount$599,920

Mortgage$3,680/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: 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.

Lifestyle 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.

Mortgage estimate

Estimated $3,680/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 17, 2026.