$1,099,000
Unlock Price Rating!

188 190 Caroline Street S, Hamilton on L8P 3L2, Hamilton, ON L8P 3L2

 Contact
7 Beds
5 Baths
3,256 Sq Ft

6.8% cap rate. $91, 650 in annual rent from four leased units in Hamilton's popular Durand Neighbourhood. You get a legal 4-plex built, fully tenanted, producing $75, 189 in net operating income. All four tenants pay their own hydro, so your utility exposure stays small and easy to predict. The expensive work is already behind you. Parapet walls and chimney have been re-built, and the water line has been upgraded to 3/4" copper. 4 car parking sits at the rear. The unit mix protects your income: one 3 bedroom, one 2 bedroom, two 1 bedrooms. Four separate tenancies means no single vacancy takes out your cash flow. Each unit has kept its own character, which is what holds good tenants in place. Walk to Locke St S, James St S, Hess Village, St. Joseph's Hospital, downtown Hamilton, transit, parks and schools. Durand is one of the tightest rental pockets in the city, on a quiet tree-lined street. Two of the four rents are under market so there's upside for the future in the numbers. Book your showing this week.

Listing By: Sandy Mackay - Real Broker Ontario Ltd. cnitso Realty.com
  • MLS® 40862614
  • Date Listed09/17/2026
  • Days on Realty 56 Days
  • Bedrooms 7
  • Bathrooms 5 baths
  • Lot Size -
  • County Hamilton
  • Square Feet 3,256 sq. ft
  • Price Per Sq. Ft $337.53

Interior Features

  • Appliances Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Cooling Central Air
  • Heating Forced Air, Natural Gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features City Lot, Hospital, Library, Place of Worship, Public Parking, Public Transit, Schools, Shopping Nearby

Directions

From Herkimer/Queen, E on Herkimer, N on Caroline

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for L8P 3L2

Discover key demographics, population statistics, and environmental insights for the Hamilton, ON area.

Walkability in ON / L8P 3L2

Source: Walk Score

87/100

Very Walkable

Walk Score ®

78/100

Excellent Transit

Transit Score ®

84/100

Very Bikeable

Bike Score ®

Overview

Most errands can be accomplished on foot. Transit is convenient for most trips. Biking is convenient for most trips.

Transit Summary

33 nearby routes: 32 bus, 1 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 55/100, Transit Score: 46/100, Bike Score: 53/100.

Points of Interest near 188 190 Caroline Street S, Hamilton ON L8P 3L2, Hamilton, ON L8P 3L2

Frequently Asked Questions for 188 190 Caroline Street S, Hamilton ON L8P 3L2

Source: Realty.com

188 190 Caroline Street S, Hamilton ON L8P 3L2, Hamilton, ON L8P 3L2 in Hamilton, ON L8P 3L2 is a multi family listed at $1,099,000. Highlights include 7 bedrooms, 5 bathrooms, 3,256 sq. ft., $338 per sq. ft.. Realty.ca has 32 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 32 photos of 188 190 Caroline Street S, Hamilton ON L8P 3L2.

The full address for this home is 188 190 Caroline Street S, Hamilton ON L8P 3L2, Hamilton, ON L8P 3L2.

188 190 Caroline Street S, Hamilton ON L8P 3L2 has been listed on Realty.com since Thu September 17, 2026

Most errands can be accomplished on foot. Transit is convenient for most trips. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 55/100, Transit Score: 46/100, Bike Score: 53/100.

Listing provided courtesy of: Real Broker Ontario Ltd. - itso - 1839782 (tel: 888-311-1172)
Listing agent: Sandy Mackay

This content last refreshed on 2026-11-12 23:35:59. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.