$1,120,000

6 + 1 Bed, 5 Bath, 2,500 ft², 2 1/2 Storey home is located near Main St E/ Grant Ave in Stinson.

Discover this beautiful Victorian house that has been extensively updated and modernized, offering a unique multifamily investment opportunity. Fully rented, this property allows you to enjoy immediate positive cash flow from day one. Over $78,000 gross rental income per year. Featuring new electrical, plumbing, and HVAC systems, it combines modern conveniences with the historical charm and character that define Victorian architecture. This turnkey investment presents a rare chance to acquire a well-maintained, income-generating asset in a desirable Hamilton location. Don't miss out on this exceptional opportunity. Contact today for more details!

498 Main St E, Hamilton is a 6 + 1 bedroom, 5 bathroom residential 2 1/2 Storey semi-detached home. 498 Main St E, Hamilton is conveniently located in the Stinson neighbourhood of Hamilton Ontario. 498 Main St E, Hamilton is an MLS®-Listed home with an asking price of $1,120,000. This residential property has been listed on ctfrealty.com for 1 days. Based on the Listing Price of 498 Main St E, Hamilton, the estimated monthly mortgage payment would be $5,411. This Mortgage payment is calculated on a 5 year fixed mortgage with 25 year amortization and an interest rate of 5.39% with a down payment of 20%. The Annual property taxes for 498 Main St E, Hamilton are approximately $4,900/year based on 2024 assessment.

This 2 1/2 Storey semi-detached home located at 498 Main St E, Hamilton features a Brick exterior. The lot size of this South facing property is 23 x 100 feet. The property has 2 parking spaces. The home has Gas fueled Forced Air heating.