112 m
Distance
6% 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 $71, 970 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 card 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. (id:58753)
Source: Public Records
Discover key demographics, population statistics, and environmental insights for the Hamilton (durand), ON area.
87/100
Very Walkable
Walk Score ®
78/100
Excellent Transit
Transit Score ®
84/100
Very Bikeable
Bike Score ®
Most errands can be accomplished on foot. Transit is convenient for most trips. Biking is convenient for most trips.
33 nearby routes: 32 bus, 1 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 55/100, Transit Score: 46/100, Bike Score: 53/100.
Source: Realty.com
188 190 CAROLINE STREET S, Hamilton (Durand), ON L8P3L2 in Hamilton (Durand), ON L8P3L2 is a quadruplex listed at $1,199,000. Highlights include 7 bedrooms, 5 bathrooms. 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.
The full address for this home is 188 190 CAROLINE STREET S, Hamilton (Durand), ON L8P3L2.
188 190 CAROLINE STREET S has been listed on Realty.com since Fri September 25, 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.
This content last refreshed on 2026-09-29 17:00:29. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.