550 James Street N Active

Hamilton,ON L8L 1J5

$ 875000

5 Beds

3 Baths

2358 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 2,358 sqft

Price per Sqft $371

MLS Listing ID 40741922

Bedrooms 5

Abv Grd Liv Area 2,358

Year Built 1890

Annual Tax Amount $4,413

Property Sub-Type Duplex Up/Down

Source Hamilton - Burlington

Property Description

Your dream duplex! A home that helps pay for itself. Situated in the quiet north end, steps from Bayfront Park and West Harbour GO Station, this home has limitless potential as an investment, home for yourself plus rental income, opportunity for multi-generational families, or future potential thru the high & dry basement with a separate entrance. Entire property has been thoughtfully updated from the inside out and is completely move in ready. Soaring ceilings in both units. Main floor, the owner currently runs a successful STR/BnB that can be passed onto a new owner: two large bedrooms, plenty of storage, updated laundry, an entertainer's kitchen, cozy living room with fireplace, and a bathroom to die for. The back yard here is huge with a deck and newer hot tub, all maintained impressively well. Upstairs unit has 3 bedrooms, featuring quadruple-sized closets with built in organisers in the main bedroom, a large living room with gas fireplace and built-ins, a cute balcony off the updated eat-in kitchen, and an open concept attic loft currently used as a home office and massive bedroom. Basement with separate entrance can be used as storage, workshop, home gym, or future income suite. To top it all off, ample street parking and possibility for exclusive permit from city. Updates: main floor custom closets (2021), Nest thermostat (2021), new roof + new shed roof (Nov 2021), new skylights in attic (2021), 2nd floor engineered hardwood (2021), locking back gate (2021), gas fireplace upstairs (2022), electric fireplace downstairs (2022), main floor new bathroom (2022), new sliding doors upper balcony & lower living room (2022), fire alarm system updated (2023), keyless front door lock (2023), basement partially finished (2024).

Location

Province ON

County Hamilton

Area 13 - Hamilton Centre

Zoning D

Direction North on James, property is on the right

Rooms

Basement Full,Partially Finished

Kitchen 0

Interior

Interior Features Accessory Apartment,Upgraded Insulation

Heating Forced Air,Natural Gas

Cooling Central Air

Fireplace No

Window Features Window Coverings,Skylight(s)

Appliance Built-in Microwave,Microwave,Dishwasher,Dryer,Refrigerator,Stove,Washer

Laundry In-Suite

Exterior

Roof Type Asphalt Shing

Lot Frontage 25.0

Lot Depth 101.25

Garage No

Building

Lot Description Marina,Park,Public Transit,Schools

Faces North on James, property is on the right

Story 2.5

Foundation Stone

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 171560003

Ownership Freehold/None

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