$399,000
↓ $25,900 from $424,900
Est. payment $1,767/moCalculate yours
105 Cheever Street, Hamilton, ON L8L 5R8
Industrial Sector, Hamilton, ON L8L 5R8
- 5 Beds
- 2 Baths
- 1,500 Sq Ft
Listing courtesy of REAL BROKER ONTARIO LTD. MLS® X13228014
About this home
Welcome to this fully tenanted 2.5-storey semi-detached duplex in a convenient Hamilton location, offering excellent value at an accessible price point. With two self-contained units already in place, this property presents a strong opportunity for buyers looking to enter the investment market, offset future carrying costs, or secure a multi-unit property with built-in rental income. Unit 1 is located on the main floor, features 2 bedrooms, and is currently rented for $1,525 per month, with access from Burton Street as well as a convenient side entrance from the rear driveway. Unit 2 is accessed from Burton Street and spans the upper levels, offering its own laundry, second-floor living space, and a third-floor/attic area with 1 bedroom on the main upper level and 2 additional bedrooms above, currently rented for $1,799 per month. Together, the property generates a Net Operating Income of approximately $30,969 annually, making it a compelling option for buyers seeking affordability, income support, and long-term upside. The unfinished basement provides useful storage and future potential. Ideally located near Hamilton General Hospital, parks, the library, restaurants, transit, and everyday amenities, this property offers strong value in a central Hamilton neighbourhood.
Property details
Overview
- Property Type
- Duplex
- Style
- 2 1/2 Storey
- For
- For Sale
- Status
- Price Change
- Size
- 1,500 sqft
Interior
- Bedrooms
- 5
- Bathrooms
- 2
- Kitchens
- 2
- Basement
- Unfinished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 20 x 60 Feet
- Parking
- None garage · 1 total
Financial
- Property Taxes
- $3,924 (2026)
Location
- Neighbourhood
- Industrial Sector
- Cross Street
- Burton St
- Direction Faces
- East
Listing
- MLS® Number
- X13228014
- Days on Market
- 138
- Listed On
- 2026-06-02
- Possession
- Flexible
- Listed By
- REAL BROKER ONTARIO LTD.
Features
Interior
- None
Property
- Hospital
- Library
- Public Transit
- Rec./Commun.Centre
- School
Pool
- None
- Rental items
- Hot Water Heater
Mortgage calculator
Estimated mortgage payment
$1,767 per month
- Principal and interest
- $1,767
- Property tax
- $327
- Condo fees
- $0
- Estimated monthly cost
- $2,094
Your mortgage
- Mortgage amount
- $319,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $210,806
Cash to close
- Down payment
- $79,800
- Land transfer tax
- $4,460
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $84,260
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
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