500 Main Street E

Introducing a remarkable opportunity to acquire a Multi-Family Home for sale in Hamilton , located at 500 Main Street, Hamilton. This impressive property, boasting a rich history of over 100 years, is situated in the vibrant community of Stinson, making it an ideal investment for those seeking a versatile living arrangement or rental income potential.

The building is a well-maintained 2 1/2 storey multiplex constructed of sturdy brick, providing both durability and classic appeal. With a total of 10 rooms, this Multi-Family Home for sale in Hamilton features four self-contained units, including two spacious two-bedroom units and two charming one-bedroom units. This thoughtful configuration allows for a variety of living arrangements, catering to families, professionals, or even students looking for accommodation in the heart of Hamilton.

One of the standout features of this property is its four kitchens, each equipped to meet the needs of the respective units. This is a significant advantage for tenants who value independence and convenience. However, it is worth noting that there is no additional kitchen or den space, ensuring that each unit remains distinct and self-sufficient.

The property comprises six bedrooms and five bathrooms, providing ample space for residents. The absence of a family room may be seen as a limitation, but the layout of the units allows for comfortable living without compromising on privacy. Each unit is unfurnished, giving new owners the freedom to personalise their space according to their tastes and preferences.

In terms of amenities, the Multi-Family Home for sale in Hamilton does not include air conditioning, a pool, or a fireplace. However, it does offer internet connectivity, which is essential for modern living. The heating system is powered by forced air, ensuring that residents remain warm during the colder months. The property is serviced by municipal water and sewer, providing reliable utilities for all occupants.

The basement of the building features a separate entrance and is finished, offering additional potential for storage or further development. Although there is no central vacuum system, the private driveway accommodates up to three parking spaces at the rear, a valuable asset in urban living where parking can often be a challenge.

Situated on a lot measuring 23 by 100 feet, the property has ample outdoor space, although there is no garage available. The absence of additional land may limit expansion possibilities, but the existing structure provides a solid foundation for any future enhancements or renovations.

It is important to note that the property is being sold on an "as is, where is" basis, meaning that the seller makes no representations or warranties regarding the condition of the property. This should be taken into consideration by prospective buyers, as it may require some level of investment to bring the property up to modern standards.

In conclusion, this Multi-Family Home for sale in Hamilton at 500 Main Street, Hamilton, presents an exceptional investment opportunity. With its strategic location in the Stinson community, diverse unit configurations, and significant historical charm, this property is poised to attract a variety of buyers. Whether you are looking to invest in rental properties or seeking a spacious home for multiple families, this property offers the flexibility and potential you need. Don’t miss your chance to own a piece of Hamilton’s history—explore this Multi-Family Home for sale in Hamilton today!

Stinson is a charming neighbourhood nestled within the city of Hamilton, Ontario, characterised by its picturesque tree-lined streets and a rich tapestry of historic homes that reflect the area’s architectural heritage. This vibrant enclave offers a delightful blend of urban convenience and suburban tranquillity, making it an appealing choice for prospective residents. With easy access to local parks, shops, and public transport, Stinson provides a welcoming atmosphere for families and individuals alike. The community's proximity to the bustling downtown area ensures that residents can enjoy the best of both worlds, combining the serenity of a close-knit neighbourhood with the vibrancy of city life.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, catering to various age groups and language preferences. Within a short distance, you will find Cathy Wever Elementary School, just 0.8 km away, offering English instruction for grades JK to 8, though it has a moderate school rating of 2.8. For secondary education, Bernie Custis Secondary School is 1.6 km away, but it has a lower rating of 1.9. Alternatively, St. Patrick CES, a Catholic elementary school, is only 0.5 km from the property, though it currently holds a rating of 0. For those seeking French-language education, Bennetto Elementary School and Norwood Park Elementary School are 2.1 km and 3.1 km away, respectively, with Norwood Park boasting a solid rating of 6.5. Sherwood Secondary School, also offering French instruction, is 3.3 km from the property and has a favorable rating of 6.9. Cathedral CSS, a nearby Catholic secondary school, is just 0.5 km away with a rating of 3.1. Overall, the area offers a range of educational options, though prospective buyers may want to consider the varying school ratings when making their decision.