Legal duplex on the Hamilton Mountain, converted under permit with all permits closed. 40 Clarendon Avenue is a detached, solid-brick bungalow in Balfour, just off Upper James and Fennell, configured as two self-contained units with separate entrances, separate kitchens, in-suite laundry and separate hydro meters. The main-floor unit has three bedrooms, a four-piece bathroom, a generous size living room and an updated modern kitchen with quartz countertops. It is vacant, which gives a buyer two clean options: move in, or choose a tenant and set rent at today's market rate. The lower unit has two large bedrooms plus an additional flex space, a brand-new kitchen, a brand-new three-piece bathroom and its own entrance. It is currently rented at $2,050 per month. The work behind the walls matters as much as the finishes. Electrical has been updated, each unit is metered separately for hydro, and the conversion documentation is available to serious buyers. Gas heating and central air serve the home. The lot carries a double-wide asphalt driveway with parking for four vehicles, a practical detail for a two-unit property. Public transit, parks, schools and hospital services are close by, and Upper James puts groceries, restaurants and the LINC within a short drive. For an investor, this is a turnkey two-unit property with one rent in place and one unit ready to lease. For an owner-occupier, the lower unit's rent offsets the monthly carrying cost. Freehold, with flexible possession.
Address
40 Clarendon Avenue
List Price
$749,900
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
Sale
Area
Hamilton
Sub-Area
Balfour
Bathrooms
2
Lot Depth
100
Lot Type
Lot
Lot Size Units
Feet
Lot Width
41
Parcel Number
170240078
Total Building Area
974
Occupant Type
Tenant
Cross Street
Fennell Ave E & Upper James St.
Approx. Age
51 - 99 Years
MLS® Number
X13814790
Listing Brokerage
ROCK STAR REAL ESTATE INC.
Basement
Yes
Postal Code
L9A 3A1
Posession Details
Flexible
Parking Spaces
4
Tax Amount
$5,138.87
Tax Year
2026
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Open
Cooling Features
Yes
Garage Type
Outside/Surface
Tax Legal Description
LT 7, PL 1092 ; S/T HL19849 ; HAMILTON