Incredible investment opportunity in the heart of Hamilton's desirable Durand neighbourhood! This legal fourplex is ideally located near hospitals, public transit, and the city's trendiest shops, restaurants, and amenities. Generating strong gross monthly rents of $8,280, the property features four separately metered units, each with its own hydro meter and tankless hot water heater. Tenants pay their own heat, hydro, and water, offering a low-maintenance and cost-efficient ownership structure. A private driveway leads to a rear parking lot, providing convenient off-street parking for residents. As an added bonus, enjoy six months of free professional property management—making this a turnkey opportunity for investors seeking value and steady income.
For sale
C$1,799,000
220 Caroline St S, Hamilton, ON L8P 3L4
11beds
8baths
3,142sqft
Multi-4 Unit, Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
C$573/sqft
C$-- HOA
What's special
Private drivewayRear parking lot
- 23 days
- on Zillow |
- 25 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: July 24, 2025 at 11:19am
Listed by:
Sandy Mackay, Salesperson,
Keller Williams Complete Realty
Source: ITSO,MLS®#: 40751960Originating MLS®#: REALTORS® Association of Hamilton-Burlington
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 8
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Stove, Washer
- Laundry: In-Suite
Features
- None
- Basement: Full,Finished
- Has fireplace: No
Interior area
- Total structure area: 4,236
- Total interior livable area: 3,142 sqft
- Finished area above ground: 3,142
- Finished area below ground: 1,094
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Private Drive Single Wide
- Uncovered spaces: 4
Features
- Frontage length: 40.00
Lot
- Size: 3,960 Square Feet
- Dimensions: 40 x 99
- Features: City Lot, Hospital, Library, Park, Place of Worship, Public Parking, Public Transit, Rec./Community Centre, Schools
Details
- Parcel number: 171350337
- Zoning: DE-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi-4 Unit, Multi Family
Materials
- Brick
- Roof: Asphalt Shing
Condition
- 31-50 Years
- New construction: No
Utilities & green energy
- Sewer: Sewer (Municipal)
- Water: Municipal
Community & HOA
Location
- Region: Hamilton
Financial & listing details
- Price per square foot: C$573/sqft
- Annual tax amount: C$11,003
- Date on market: 7/17/2025
- Inclusions: Other, 4 Stoves, 4 Fridges, 4 Dishwashers, 4 Washers, 4 Dryers.
- Exclusions: Tenant Belongings
- Loading