217 Caroline Street S

Welcome to this fantastic Multi-Family Home for sale in Hamilton , located at 217 Caroline Street S, Hamilton. Nestled in the charming Durand neighbourhood, this legal duplex is a brilliant opportunity for both investors and those looking to occupy one of the units themselves. With two self-contained residential units currently fully tenanted, this property is a solid investment in a vibrant community.

The building itself is a striking 2 1/2 storey multiplex, constructed from robust brick, ensuring both durability and a classic aesthetic. As you step inside, you'll find a total of 10 rooms, including four spacious bedrooms and four bathrooms, making it ideal for families or groups of tenants. The main floor unit features a comfortable bedroom, while the upper unit boasts three well-appointed bedrooms spread across the second and third floors. This layout provides ample space and privacy for everyone.

One of the standout features of this Multi-Family Home for sale in Hamilton is the presence of two kitchens, allowing for independent living for each unit. Whether you're preparing a quick meal or hosting a dinner party, these kitchens offer the convenience and functionality needed for modern living. Additionally, the home is equipped with central air conditioning, ensuring a comfortable atmosphere during the warmer months.

While there is no den or additional rooms, the property does come with a full, unfinished basement, providing potential for further development or storage. The heating system is forced air, ensuring that the home stays warm and cosy during the chilly winter months. Furthermore, the property is connected to municipal water and sewer services, making it hassle-free for any homeowner or tenant.

Parking is a breeze with this Multi-Family Home for sale in Hamilton, as it includes space for up to five vehicles. Although there is no garage or driveway, the rear lane access allows for easy parking and accessibility. This feature is particularly advantageous in a bustling area like Hamilton, where parking can often be a challenge.

Situated just south of Main Street West, 217 Caroline Street S, Hamilton, is ideally located for those who enjoy the conveniences of city living. The property offers easy access to downtown Hamilton, public transport, hospitals, and a variety of nearby amenities, making it an excellent choice for tenants or owners who appreciate the hustle and bustle of urban life. The Durand community is known for its friendly atmosphere and vibrant culture, adding to the appeal of this Multi-Family Home for sale in Hamilton.

It's also worth noting that the property does not come furnished, giving you the freedom to style the units to your taste. This unfurnished aspect allows potential buyers or investors to envision their own design choices, whether for personal use or rental purposes. The absence of a pool and central vacuum system may be seen as a drawback by some, but the ample space and features offered more than compensate for these.

In summary, 217 Caroline Street S, Hamilton, presents a unique opportunity to own a well-located Multi-Family Home for sale in Hamilton. With its solid brick construction, spacious bedrooms, two kitchens, and central air conditioning, this property is ready to provide a comfortable living experience for its residents. Whether you're looking to invest or make it your own, this duplex in the heart of Durand is a fantastic choice. Don't miss out on this chance to own a piece of Hamilton's thriving real estate market!

Durand is a charming neighbourhood nestled in the heart of Hamilton, Ontario, known for its picturesque tree-lined streets and historic architecture. This area boasts a delightful mix of Victorian and Edwardian homes, creating a unique character that attracts those who appreciate heritage and aesthetics. Residents enjoy proximity to vibrant amenities, including boutique shops, cafes, and parks, all within walking distance. The community is well-connected by public transport, making it easy to explore the wider city. With its friendly atmosphere and rich cultural offerings, Durand presents an inviting option for anyone looking to settle in a lively yet tranquil urban setting.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance of just 0.4 km, you will find two public elementary schools: Central Elementary School, catering to grades JK to 5, and Ryerson Elementary School, serving grades 6 to 8. For secondary education, Westdale Secondary School is located 2.0 km away, offering grades 9 to 12 with a solid school rating of 6. Additionally, Norwood Park Elementary School, also a public institution, is 2.4 km from the property and boasts a commendable rating of 6.5. For those interested in French-language education, Cootes Paradise Elementary and Westdale Secondary School provide options as well. Furthermore, St. Joseph Catholic Elementary School, just 0.7 km away, offers a Catholic education for grades JK to 8 with a strong rating of 6.9. Cathedral CSS, a Catholic secondary school, is located 2.5 km away. With a diverse range of schooling options in close proximity, this property is well-suited for families prioritizing education.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 461 residents, with an average household size of 1.6 individuals. The demographic profile indicates an average age of 43.3 years and an average household income of $67,500. Notably, 25.2% of the population is classified as low-income. The housing market is characterized by an average property price of $800,000, with a significant portion of the community being renters, comprising 81.67% of households. Additionally, 55.17% of residents are single, and only 13.04% of households have children, reflecting a more adult-oriented community. The area also has a diverse population, with 20.88% of residents being immigrants. Educational attainment is relatively high, with 61.36% of the population holding a college or university degree. However, a notable 35.23% of residents are not in the labor force, which may influence the local economy and housing demand. The presence of condos is minimal, accounting for only 13.33% of the housing options. Overall, this demographic snapshot highlights a mature, educated, and predominantly rental-oriented community with specific socioeconomic challenges.