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$515,000

1617 Main Street E, Hamilton, ON, L8H 1C4

QuickQuoteTM: $516K - $616K
MLS® # 40689105

3 Beds

2 Baths

809 FEETSQ sqft

Property Information:

Attention Investors & First-Time Home Buyers!This property offers an incredible investment opportunity in a prime Hamilton East location—perfect for future growth and development potential.This detached bungalow is designed as two separate units, making it ideal for generating rental income or multi-family living. The main floor features an updated kitchen, new flooring, a family and dining room, laundry, and 2 bedrooms, along with a 4-piece bathroom. The lower level is a fully equipped 1-bedroom in-law suite with its own separate entrance, kitchen, family room, laundry, and 4-piece bathroom.Currently rented , this property provides a turnkey investment opportunity with income potential from day one.Outside, enjoy a large, fully fenced backyard and ample front parking. Conveniently located within walking distance to parks, schools, transit, and shopping.Don’t miss out on this exceptional opportunity!

Inclusions: Window Coverings,2 Fridges,2 Stoves, 1 Washer, 1 Dryer (Main Floor)& All Elf’s.

Building Features:

  • Floor Space: 809 Square Feet

Property Features:

  • Bedrooms: 3
  • Bathrooms: 2+0
  • Acres Range: < 0.5
  • Architectural Style: Bungalow
  • Basement: Separate Entrance, Full, Finished
  • Built in: 1939
  • Construction Materials: Brick
  • Cooling: Central Air
  • Driveway Parking: Private Drive Triple+ Wide
  • Fireplace Features: Gas
  • Floor Space (approx): 809 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Other
  • Laundry Features: In-Suite
  • Lot Depth: 90 Feet
  • Lot Features: Urban, Irregular Lot, Park, Public Transit, Schools
  • Lot Frontage: 40.00 Feet
  • Parking Features: Asphalt
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Window Features: Window Coverings
  • Zoning: TOC1 ZONED
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 3

Rooms:

  • Eat-in Kitchen Main Level 3.05 X 3.66
  • Bedroom Main Level 3.05 X 3.35
  • Living Main Level 3.35 X 6.71
  • Primary Bedroom Main Level 3.05 X 3.66
  • Bedroom Other level :Lower 3.05 X 3.66
  • Bathroom Main Level
  • Recreation Room Other level :Lower 3.05 X 6.10
  • Laundry Other level :Lower
  • Bathroom Other level :Lower
  • Other Other level :Lower Note: Cold Room
  • Kitchen Other level :Lower 3.05 X 6.10

Courtesy of: RE/MAX Escarpment Golfi Realty Inc.

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Location of 1617 Main Street E, Hamilton, ON, L8H 1C4

Demographic Information of 1617 Main Street E, Hamilton, ON, L8H 1C4

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$104,906.03

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.99 %

High school certificate or equivalent

37.5 %

Apprenticeship trade certificate/diploma

6.52 %

College/non-university certificate

25.09 %

University Degree

9.9 %

Commuter

Travel To Work

By Car

88.43 %

By Public Transit

6.39 %

By Walking

1.43 %

By Bicycle

0.0 %

By Other Methods

3.75 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

5.74 %

Houses

94.26 %

Own Vs. Rent