$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
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
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
Estimated mortgage payment
$3,874 per month
- Principal and interest
- $3,874
- Property tax
- $580
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $188,975
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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