694 Wilson Street

Introducing a remarkable opportunity to acquire a house for sale in Hamilton , located at 694 Wilson Street, Hamilton. This impressive detached house, with its distinctive 2.5-storey design, is not only a legal duplex but also features a fully finished basement with a separate entrance, making it a versatile investment for any discerning buyer. The property is currently vacant, allowing for easy showings and providing the new owner with the exciting chance to select their own tenants and establish their own rental rates.

The house for sale in Hamilton boasts a total of 11 rooms, including a well-appointed main level that features one spacious bedroom and a convenient three-piece bathroom. The layout is designed for both comfort and functionality, ensuring that residents can enjoy their living space to the fullest. Ascending to the second level, you will find an additional two bedrooms and a four-piece bathroom, perfect for families or those who enjoy having extra space. There is also an unfinished attic area that presents an excellent opportunity for further development, whether you envision a cosy reading nook or additional storage.

The basement unit is a bachelor suite, complete with a four-piece bathroom, although some finishing touches may be required to bring it to its full potential. This area is ideal for generating rental income or providing accommodation for family members. The separate side entrance adds to the privacy and convenience of this space. Furthermore, the laundry facilities are conveniently located in the basement, making daily chores a breeze.

Situated on a generous lot measuring 23 by 80 feet, this house for sale in Hamilton features a large, fenced yard that is perfect for outdoor gatherings or simply enjoying some fresh air. While there is no pool, the expansive outdoor space offers plenty of room for children to play or for gardening enthusiasts to cultivate their green thumbs. The property also benefits from good street parking, and there is potential for a future front driveway, which could further enhance the convenience of this lovely home.

When it comes to amenities, this house for sale in Hamilton is equipped with two kitchens, including a refrigerator and stove, making meal preparation a delight. The property is unfurnished, allowing the new owner to personalise the space to their taste. Heating is provided by a forced air system, ensuring warmth during the colder months. While there is no central vacuum system or air conditioning, the house is well-structured and offers a comfortable living environment.

In terms of location, 694 Wilson Street, Hamilton, is situated within the vibrant community of 200 - Gibson/Stipley, in the heart of Hamilton Centre. This area is known for its accessibility and proximity to various amenities, including shops, schools, and parks. The future LRT line is just steps away, promising even greater connectivity for residents.

The roof was replaced in 2015, and the furnace was updated in 2009, providing peace of mind regarding the essential systems of the home. This house for sale in Hamilton represents a fantastic investment opportunity, whether you choose to rent out the basement and reside in the main unit or seek tenants for both spaces. With its ideal location, ample space, and potential for rental income, this property is ready for a new owner or tenant to occupy and make it their own.

Don’t miss your chance to explore this exceptional house for sale in Hamilton at 694 Wilson Street, Hamilton. Whether you’re an investor looking for a lucrative opportunity or a homeowner seeking a charming residence, this property is sure to meet your needs. Schedule a viewing today and discover the possibilities that await!

Gibson/Stipley is a vibrant neighbourhood nestled within the city of Hamilton, Ontario, characterised by its diverse mix of residential options and community amenities. This area boasts a rich tapestry of architectural styles, from charming older homes to more modern developments, providing a welcoming atmosphere for families, young professionals, and retirees alike. The community is well-served by local shops, parks, and schools, fostering a sense of connectivity among residents. With its convenient access to public transport and proximity to downtown Hamilton, Gibson/Stipley offers a balanced lifestyle, combining the tranquility of suburban living with the energy of urban amenities, making it an appealing choice for those seeking a dynamic yet comfortable place to call home.

Schools in the Neighbourhood

This property is ideally situated near several educational institutions, making it a great choice for families. Within a short distance of just 0.4 to 0.8 km, you will find both Prince of Wales Elementary School and St. Ann (Hamilton) CES, offering quality education for grades JK to 8. St. Ann boasts a commendable school rating of 4.6, reflecting its strong academic performance. For secondary education, Bernie Custis Secondary School is only 0.8 km away, although it has a lower rating of 0. In contrast, Cathedral CSS, a Catholic secondary school, is also within 0.7 km and has a solid rating of 4.2. Additionally, Bennetto Elementary School, A.M. Cunningham Elementary School, and W.H. Ballard Elementary School provide options for elementary education, with W.H. Ballard achieving a notable rating of 4.4. For those seeking French-language instruction, several schools offer this option, including Bennetto and A.M. Cunningham. Overall, the area is rich in educational opportunities, catering to various needs and preferences, making it an attractive location for families prioritizing education.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small population of 463 residents, with an average household size of 2.2 individuals. The community is relatively young, with an average age of 37.1 years. Economic indicators show an average household income of $59,200, although 23.2% of the population falls under the low-income bracket. The average property price in the area is approximately $460,000. A significant portion of the population is single, comprising 64%, while 40% of households include children. The area is also home to a diverse community, with 23.17% of residents being immigrants. Housing trends indicate that 57.14% of residents are renters, and there are no condominiums available in the area. Educational attainment is notable, with 31.88% of the population holding a college or university degree. However, a considerable 50.72% of the residents are not participating in the labor force, highlighting potential challenges in employment opportunities. Overall, this demographic snapshot provides insight into a vibrant, yet economically diverse community with a mix of families and single individuals.