Gurvinder Nokwal REALTOR®
For Sale Multiplex 96 days on market

$875,000

Est. payment $3,874/moCalculate yours

317 Queen Street S, Hamilton, ON L8P 3T6

Durand, Hamilton, ON L8P 3T6

  • 5 + 1 Beds
  • 3 Baths
  • 2,000 Sq Ft
Map

Listing courtesy of RIGHT AT HOME REALTY MLS® X13580102

About this home

Exceptional opportunity to acquire a well-maintained three-unit income property featuring three self-contained residential units in one of Hamilton’s most desirable neighbourhoods. Offering approximately $60,000 in gross annual income potential based on current and market rents, with immediate upside through one vacant 2-bedroom unit, this property presents an excellent opportunity for investors to increase cash flow by leasing at market rent or for owner-occupiers to offset their mortgage with rental income from the remaining two units. The property offers a total of six bedrooms, three kitchens and three bathrooms. Three separate hydro meters allow tenants to pay their own electricity, while the landlord pays heat and water. Coin-operated laundry provides additional income, and one private driveway parking space is included. Ideally situated in the desirable Durand neighbourhood, on the doorstep of Kirkendall, just steps from Locke Street’s vibrant shops, cafés and restaurants, and minutes from St. Joseph’s Healthcare Hamilton, the Escarpment, parks, public transit, downtown Hamilton and convenient highway access. A rare opportunity to add a strong income-producing property with immediate upside to your portfolio in one of Hamilton’s most established rental markets.

Property details

Overview

Property Type
Multiplex
Style
2 1/2 Storey
For
For Sale
Status
New
Size
2,000 sqft

Interior

Bedrooms
5 + 1
Bathrooms
3
Kitchens
3
Basement
Apartment, Separate Entrance, Finished

Building & Systems

Heating
Forced Air (Electric)
Cooling
Central Air, Wall Unit(s)
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
25 x 130 Feet
Parking
None garage · 1 total

Financial

Property Taxes
$6,961 (2026)

Location

Neighbourhood
Durand
Cross Street
Homewood Ave/Queen St S
Direction Faces
West

Listing

MLS® Number
X13580102
Days on Market
96
Listed On
2026-07-14
Possession
flexible
Listed By
RIGHT AT HOME REALTY

Rooms

Room Level Dimensions
Primary Bedroom Main 12′ 0″ × 14′ 11″
Primary Bedroom Basement 16′ 7″ × 9′ 9″
Living Room Basement 16′ 7″ × 12′ 6″
Kitchen Basement 7′ 6″ × 11′ 2″
Bedroom Third 11′ 8″ × 19′ 8″
Bedroom Second 12′ 0″ × 12′ 5″
Living Room Second 18′ 4″ × 11′ 0″
Bedroom Main 9′ 0″ × 13′ 11″
Kitchen Second 10′ 2″ × 13′ 5″
Living Room Main 13′ 5″ × 13′ 0″
Kitchen Main 9′ 0″ × 13′ 11″
Dining Room Second 10′ 2″ × 10′ 2″
Primary Bedroom Third 12′ 8″ × 16′ 10″

Features

Interior

  • Accessory Apartment
  • Separate Hydro Meter
  • Water Heater

Pool

  • None
Included
3 refrigerators, 3 stoves, 1 coin-operated clothes washer, 1 coin-operated clothes dryer and all existing electric light fixtures.
Excluded
Tenant's belongings.
Rental items
Hot water tank (rental). Buyer to assume rental contract.

Mortgage calculator

Minimum for this price: $62,500 (7.14%)

Amortization, years

Estimated mortgage payment

$3,874 per month

Principal and interest
$3,874
Property tax
$580
Estimated monthly cost
$4,454

Your mortgage

Mortgage amount
$700,000
Mortgage insurance
Not needed
Interest over 25 years
$462,293

Cash to close

Down payment
$175,000
Land transfer tax
$13,975
Total, before legal fees
$188,975
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

317 Queen Street S, Hamilton, ON L8P 3T6 Durand, Hamilton, ON L8P 3T6
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$875,000 317 Queen Street S, Hamilton, ON L8P 3T6
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