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Investment signal

$999,900

509 ABERDEEN AVENUE

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Beds

Baths

Sqft

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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 (Kirkendall). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Charming Tudor-style legal duplex offering an exceptional opportunity for both investors and end-users alike! This well-maintained property features two self-contained 2-bedroom units, each complete with a full kitchen, spacious living and dining areas, a 4-piece bathroom, and the added convenience of separate hydro meters. Both units enjoy their own private front and side entrances, providing excellent flexibility and privacy for tenants or multi-generational living. An unfinished basement includes two sets of laundry, adding further functionality and potential. The exterior boasts a front single-car driveway along with a rare 5-car driveway at the rear, plus a private backyard space to enjoy. Ideally located just minutes from McMaster University, this property is perfectly positioned for strong rental demand and long-term growth. Situated in the highly sought-after Kirkendall South community, you'll love the convenience of public transit right at your doorstep, making commuting simple for tenants and owners alike. This vibrant area is known for its charm, walkability, and proximity to parks, schools, trendy shops, and local restaurants, with easy access to major routes connecting you throughout the city. A fantastic opportunity in one of Hamilton's most desirable neighbourhoods! (id:65958)

Subtype: Multi-family
Structure: Duplex
Community: Kirkendall
Lot dimensions: 38.7 x 110 FT
Bedrooms: 4 above grade
Parking: 5 total
Stories: 2
Fireplace: Yes
On market: Apr 20, 2026
Status changed: Apr 20, 2026
Annual tax: $6,632.21
Zoning: D
Photos: 26
MLS#: X13021486
Area: HAMILTON_(KIRKENDALL)

Features and systems

Parking

No Garage

Basement

UnfinishedFull

Appliances

WasherDishwasherDryerTwo stovesTwo Refrigerators

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick

Foundation

Block

Lot

Conservation/green beltLane

Negative cash flow ~$1,091/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

-6.55%

Cap rate

3.55%

GRM

16.7

Break-even rent

$6,149

Financing

Down payment$199,980

Loan amount$799,920

Mortgage$4,053/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$458

Insurance$80

Maintenance$833

CapEx reserve$417

Vacancy loss$250

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 $4,053/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 20, 2026.