Welcome to a fantastic investment opportunity in Hamilton. This detached home offers three self-contained units, providing a versatile option for investors, multi-generational living, or buyers looking to offset their mortgage with rental income. Extensively updated from top to bottom in 2018, each bright and well maintained unit features its own in-suite laundry and a fully equipped kitchen with fridge, stove, and dishwasher. All three units are currently tenanted, offering immediate rental income. The main-floor unit is rented for $1,599/month, while the upper unit, spanning two levels, is rented for $1,747/month and lower-level unit is rented for $1,299/month. Parking is conveniently located at the rear of the property with laneway access (and street parking available). Ideally situated close to shopping, major highways, Lake Ontario, parks, and everyday amenities, this property combines a convenient location with excellent income potential. A turnkey opportunity for investors looking to add a modernized multiunit property to their portfolio. Separately metered for hydro/gas.
Address
74 Cathcart Street
List Price
$749,000
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Duplex
Style of Home
2 1/2 Storey
Transaction Type
Sale
Area
Hamilton
Sub-Area
Beasley
Bedrooms
3 + 1
Bedrooms (Total)
4
Rooms Above Grade
7
Rooms Below Grade
2
Bathrooms
4
Floor Area
1500-2000 Sq. Ft.
Lot Size Source
GeoWarehouse
Lot Depth
220
Lot Size Range (Acres)
< .50
Lot Size Units
Feet
Lot Width
22
Parcel Number
171640139
Occupant Type
Tenant
Cross Street
Cannon St E / Wellington St N
Approx. Age
100+ Years
MLS® Number
X13811350
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Basement Area
Finished, Full, Walk-Up
Postal Code
L8R 1M5
Posession Details
FLEXIBLE
Parking
Private Double
Parking Places (Total)
2
Parking Spaces
2
Tax Amount
$4,936.00
Tax Year
2026
Site Influences
Hospital, Park, Public Transit, School
Interior Features
Carpet Free
Property Features
Hospital, Park, Public Transit, School
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
East
Fireplace
No
Foundation Details
Stone
Garage
No
Garage Type
None
Kitchens Total
3
Kitchens Above Grade
2
Kitchens Below Grade
1
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PT LT 99 PL 255 AS IN VM28108, S/T VM278043; CITY OF HAMILTON
Waterfront
No
Sewer
Sewer
Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Kitchen | 3.91 x 4.06 Meters | |
| Main | Living Room | 3.99 x 3.76 Meters | |
| Main | Bedroom | 2.84 x 3.68 Meters | |
| Main | Laundry | ||
| Main | Bathroom | 4 Pc Bath | |
| Second | Kitchen | 5 x 4.44 Meters | |
| Second | Living Room | 5 x 4.04 Meters | |
| Second | Bedroom | 3.66 x 3.17 Meters | |
| Second | Bathroom | 4 Pc Bath | |
| Third | Primary Bedroom | 3.33 x 3.71 Meters | |
| Third | Laundry | 1.57 x 2.03 Meters | |
| Basement | Living Room | 2.77 x 8.31 Meters | |
| Basement | Kitchen | 2.11 x 2.82 Meters | |
| Basement | Bedroom | 3.1 x 3.2 Meters | |
| Basement | Bathroom | 4 Pc Bath | |
| Basement | Laundry | 1.6 x 2.16 Meters |