103 Victoria Avenue S

Introducing a remarkable opportunity: a Multi-Family Home for sale in Hamilton , located at 103 Victoria Avenue S, Hamilton. This impressive Victorian-style triplex is a solid brick structure that exudes character and has been thoughtfully updated to blend modern conveniences with timeless charm. Situated in the desirable Stinson community, this property is ideally positioned near downtown, schools, and public transport, making it a prime location for both residents and investors alike.

This Multi-Family Home for sale in Hamilton boasts an expansive layout, featuring a total of 15 rooms, including five spacious bedrooms and three well-appointed bathrooms. Each of the three renovated suites comes equipped with its own laundry facilities and separate hydro meters, ensuring privacy and independence for each tenant. Notably, all units are above ground, providing ample natural light and a welcoming atmosphere.

The main level of this exquisite property houses a generous two-bedroom suite, which features a grand living room adorned with a stunning three-sided fireplace, perfect for cosy evenings. The kitchen on this level is a culinary delight, showcasing elegant quartz countertops and modern stainless steel appliances, making it an ideal space for cooking and entertaining.

Ascending to the second floor, you will find another two-bedroom unit that not only offers spacious living but also benefits from a private back entrance and a sunny patio, perfect for al fresco dining and entertaining guests. This unit is designed for comfort and convenience, with easy access from both the front and back of the building, enhancing its appeal.

On the top floor, the suite features a large eat-in kitchen and an airy living room with front-facing views, providing a lovely vantage point of the surrounding area. This unit also boasts its own private entrance from the back of the house, ensuring a sense of independence for its occupants.

The Multi-Family Home for sale in Hamilton, located at 103 Victoria Avenue S, Hamilton, also includes a low-maintenance fenced backyard, ideal for outdoor relaxation or gatherings. A handy storage shed is available for added convenience, while the full basement offers development potential, providing an excellent opportunity for further enhancements or additional living space.

Despite its age of over 100 years, this property has been well-maintained and showcases a blend of historical charm and modern functionality. The heating system is forced air, ensuring warmth during the colder months, while the municipal water and sewer services provide reliable utilities. However, it is important to note that there is no central vacuum system or air conditioning, which may be considerations for potential buyers.

Parking is not an issue with this Multi-Family Home for sale in Hamilton, as it offers space for three vehicles, although there is no garage or driveway. This aspect adds to the practicality of the property, making it suitable for families or individuals who require multiple parking spaces.

With excellent long-term tenants already in place, this property presents a lucrative cash-flow investment opportunity that truly works for you. The combination of character, practicality, and an enviable location makes this Multi-Family Home for sale in Hamilton a must-see for anyone looking to invest in the thriving Hamilton area.

In summary, 103 Victoria Avenue S, Hamilton, is not just a house; it is a home filled with potential and charm. Whether you are looking to expand your property portfolio or seeking a residence with income-generating capabilities, this Multi-Family Home for sale in Hamilton is an exceptional choice that should not be overlooked.

Stinson is a charming and picturesque neighbourhood nestled within the city of Hamilton, Ontario. Known for its tree-lined streets and historic architecture, Stinson offers a unique blend of urban convenience and suburban tranquillity. Residents enjoy close proximity to local parks, vibrant shops, and delightful cafés, all while being just a stone's throw away from the bustling downtown area. The community is characterised by its friendly atmosphere and a strong sense of belonging, making it an inviting place for families, young professionals, and retirees alike. With its rich history and ongoing revitalisation, Stinson presents an appealing option for those seeking a welcoming and vibrant place to call home.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, catering to various age groups and language preferences. The closest school is Queen Victoria Elementary School, just 0.6 km away, offering grades JK to 8 with a moderate school rating of 3.3. Another nearby option is St. Patrick CES, a Catholic elementary school located only 0.4 km from the property, although it has a lower rating of 0. For secondary education, Bernie Custis Secondary School is 2.2 km away, but it has a lower rating of 1.9. Alternatively, Westdale Secondary School, located 3.6 km away, offers a better rating of 6.0. Additionally, Bennetto and Norwood Park Elementary Schools provide French language instruction, with Norwood Park receiving a commendable rating of 6.5. Cathedral CSS, a Catholic secondary school just 0.9 km away, has a rating of 3.1. Overall, the area offers a mix of public and Catholic schools, with a variety of language options, ensuring that families have access to quality education within a short distance from the property.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small population of 742 residents, with an average household size of 1.8 individuals. The community has a median age of 47.2 years, indicating a mature population. The average household income stands at $51,600, with 23.2% of the population classified as low-income. The real estate market is characterized by high property values, with an average price of $800,000. A significant portion of the population, 69.12%, is single, while 31.58% of households include children. The area has a notable immigrant presence, accounting for 19.35% of residents. The rental market is dominant, with an impressive 89.8% of households renting their homes, and there are no condominiums available in the area. Educational attainment is relatively high, with 44.19% of residents holding a college or university degree. However, a substantial 43.02% of the population is not actively participating in the labor force, which may reflect various socio-economic factors influencing the community. Overall, this demographic snapshot highlights a unique blend of characteristics that could appeal to potential buyers or investors looking for opportunities in the area.