218-222 John Street N

If you’re on the lookout for a fantastic investment opportunity, then you really ought to check out this Multi-Family Home for sale in Hamilton . Nestled at 218-222 John Street N, Hamilton, this property is a real gem, boasting an impressive eight residential units (five of which are legal) and three spacious garages. With its prime location in the Beasley community, this multiplex is just a stone's throw away from Downtown Hamilton, making it an ideal spot for tenants who want to be close to all the action.

The building itself is a charming two-storey structure with a mix of alum siding and brick, giving it a solid and attractive exterior. Spanning a generous lot of 68 by 158 feet, this Multi-Family Home for sale in Hamilton offers ample space for various activities. The property features a total of 17 rooms, including nine bedrooms and eight bathrooms, which is perfect for accommodating multiple families or groups. While there’s no central vacuum system or air conditioning, the forced air heating will keep everyone cosy during those chilly Hamilton winters.

As you explore the property, you’ll find that each unit is designed to maximise space and functionality. The kitchens are well-equipped, with a total of eight kitchens available across the units. This is a significant advantage for potential tenants who value the convenience of cooking at home. However, it’s worth noting that there’s no additional kitchen or family room, so the layout is straightforward and focused on residential living.

The property does not come furnished, which allows new owners to put their personal touch on the units. With no pool or fireplace, the focus here is on practicality and space. The lack of a family room may be a consideration for some, but with such a large number of bedrooms and bathrooms, there’s plenty of room for everyone to find their own space.

Parking is a breeze with this Multi-Family Home for sale in Hamilton, as it features a detached garage with space for up to ten vehicles, plus a driveway that can accommodate additional parking for seven more. This is a significant perk in a bustling area like Hamilton, where parking can often be a challenge.

The basement is partially finished and offers additional potential for development, although it is currently unfinished. This could be an opportunity for the new owner to create more living space or storage options. The property is connected to municipal water and sewers, ensuring that all essential services are readily available.

One of the standout features of this property is its zoning status. The building at 218 John Street N has legal non-conforming status for two units, while 222 John Street N is commercially zoned and also offers legal non-conforming status for three units. This opens up a range of possibilities for future development or modifications, making it a versatile investment.

With approximately 4,700 square feet of building space and around 2,400 square feet of garage space, this Multi-Family Home for sale in Hamilton presents a rare opportunity for investors looking to tap into the growing market in Hamilton. The area is experiencing significant growth, and this property is well-positioned to benefit from ongoing developments in the vicinity.

In summary, if you’re searching for a solid investment in a thriving community, look no further than 218-222 John Street N, Hamilton. This Multi-Family Home for sale in Hamilton is not just a property; it’s a chance to secure your future in a rapidly developing area. Be sure to verify all details with the available Zoning Verification, and don’t miss out on this incredible opportunity to make your mark in Hamilton’s real estate market!

Beasley is a charming neighbourhood nestled within the city of Hamilton, Ontario, characterised by its blend of residential and commercial spaces. This area offers a welcoming atmosphere with tree-lined streets, parks, and local amenities that cater to everyday needs. The community is well-connected, providing easy access to public transport and major roadways, making it convenient for commuting to nearby areas. Beasley is also home to a diverse population, contributing to a vibrant local culture, with various shops, eateries, and recreational facilities that enhance the quality of life for its residents. Whether you're seeking a quiet place to settle down or a lively environment with plenty of activities, Beasley presents an appealing option for prospective residents.

Schools in the Neighbourhood

This property is ideally located near several educational institutions, making it a great choice for families. Within just 0.6 km, you will find Bennetto Elementary School, which offers both English and French programs for grades JK to 8 and has a respectable school rating of 3.2. Additionally, St. Lawrence CES, a Catholic elementary school, is only 0.8 km away and boasts a higher rating of 5.1, serving grades JK to 8 in English. For secondary education, Bernie Custis Secondary School is located 3.0 km away, though it currently holds a rating of 0. In contrast, Westdale Secondary School, 3.1 km from the property, has a much better rating of 6.8. Other nearby schools include Cootes Paradise Elementary and Cathedral CSS, both offering diverse programs and ratings that reflect their quality. With a mix of public and Catholic options, as well as a variety of language programs, this area provides excellent educational opportunities for children of all ages.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 453 residents, with an average household size of 2.3 individuals. The demographic profile reveals an average age of 39.2 years and an average household income of $85,000. Notably, 23.6% of the population is classified as low-income. The real estate market reflects an average property price of $580,000, with 55.26% of the population being single and 45.45% living in households with children. A significant portion of the community, 38.89%, comprises immigrants, and renters make up 56.1% of the housing arrangements, while there are no condominiums available in the area. Educational attainment is relatively high, with 43.62% of residents holding a college or university degree. However, there is a notable portion of the population, 42.55%, that is not participating in the labor force. This demographic snapshot highlights a diverse community with a mix of families, singles, and a significant immigrant presence, alongside a predominance of renters and a strong educational background.