$725,000
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499 East 16Th Street, Hamilton, ON L9A4K9

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5 Beds
2 Baths
1,788 Sq Ft

Amazing Investment Opportunity Fully Legal Duplex in a Prime Location! Investors, take note! This fully legal duplex offers an exceptional opportunity to own a versatile income property in a mature, highly desirable neighbourhood with healthy monthly cash flow and strong tenant appeal. Both units have been thoughtfully updated and feature stainless steel appliances, offering modern comfort and convenience for tenants. The spacious 3-bedroom main-floor unit is complemented by a well-appointed 2-bedroom basement unit, making this property an attractive option for investors seeking multiple income streams. Enjoy the added convenience of separate hydro meters, allowing tenants to manage their own electricity usage. Even better, the basement unit offers the added bonus of no rent control, providing greater flexibility when setting the rent. The property is being offered vacant, giving the next owner the opportunity to set their own rents from day one and tailor the tenancy strategy to their investment goals. Location is another major advantage. Situated close to Lime Ridge Mall, shopping, restaurants, schools, transit, everyday amenities, and major highways, this property provides quick and easy access throughout the area. The established neighbourhood and convenient surroundings create access to a large and diverse tenant pool. Whether you're an experienced investor looking to expand your portfolio or a first-time investor searching for a property with income potential, this fully legal duplex combines updated units, desirable features, flexible rental opportunities, and an incredible location. Opportunities like this don't come along often book your private viewing today! (id:58753)

  • MLS® 40867137
  • Date Listed09/28/2026
  • Days on Realty 1 Day
  • Bedrooms 5
  • Bathrooms 2 baths
  • Lot Size 4,792 sq. ft
  • Sewer Public Sewer
  • Subdivision 176 - Hill Park
  • Property Type Single Family Residence
  • Year Built 1955
  • Water Public
  • Square Feet 1,788 sq. ft
  • Price Per Sq. Ft $405.48

Interior Features

  • Appliances Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
  • Cooling Ductless
  • Heating Hot water radiator heat, Baseboard heaters

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 4,791.60
  • Lot Features In- Law Suite

Directions

Upper Wentworth to Mohawk to East 16th

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for L9A4K9

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

Walkability in ON / L9A4K9

Source: Walk Score

72/100

Very Walkable

Walk Score ®

52/100

Good Transit

Transit Score ®

53/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. Many nearby public transportation options. Some bike infrastructure.

Transit Summary

9 nearby routes: 9 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 56/100, Transit Score: 48/100, Bike Score: 52/100.

Points of Interest near 499 EAST 16TH Street, Hamilton, ON L9A4K9

Frequently Asked Questions for 499 EAST 16TH Street

Source: Realty.com

499 EAST 16TH Street, Hamilton, ON L9A4K9 in 176 - Hill Park, Hamilton, ON L9A4K9 is a single family residence listed at $725,000. Highlights include 5 bedrooms, 2 bathrooms, 1,788 sq. ft., built in 1955, $405 per sq. ft.. Realty.ca has 43 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 43 photos of 499 EAST 16TH Street.

Our records indicate that 499 EAST 16TH Street was built in 1955.

The full address for this home is 499 EAST 16TH Street, Hamilton, ON L9A4K9.

499 EAST 16TH Street has been listed on Realty.com since Mon September 28, 2026

Most errands can be accomplished on foot. Many nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 56/100, Transit Score: 48/100, Bike Score: 52/100.

This content last refreshed on 2026-09-29 09:56:15. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.