Bianca Marijan

Broker of Record/Owner

New Investment Opportunities: 12 Hamilton Properties Under $1M

Discover prime investment opportunities designed for both new and seasoned investors. Explore a curated selection of income-generating multi-residential properties, each offering strong returns, solid fundamentals, and long-term growth potential in some of Hamilton’s most promising neighbourhoods.

Main

1047 Main Street E

$615,000

1 Commercial Units

2 Residential Units

NOI (Monthly) – $3,750 (approx)

NOI (Annually) – $45,000 (approx)

This versatile property offers over 2,300 sq ft of total space and includes a street-facing main floor commercial unit, a self-contained rear residential apartment, and a spacious 3-bedroom upper unit, all with separate entrances for added flexibility. Flexible C2 zoning permits a wide range of commercial and residential uses. Recent capital improvements include roof (2024), boiler (2021), new rear deck (2025), renovated bathrooms, updated flooring, and refreshed commercial interiors, helping reduce near-term capital expenses.

Rosslyn

224 Rosslyn Avenue N

$879,000

5 Units

NOI (Monthly) – $4,934.75 (approx)

NOI (Annually) – $59,217 (approx)

Rare opportunity to acquire a renovated five-plex that consists of a semi-detached three-bedroom home, two 2 bedroom and two one bedroom units. The property consists of two attached buildings. The primary four-unit building features two fully renovated main-floor suites with modern kitchens, stainless steel appliances, updated bathrooms, and new flooring. All five units are currently tenanted, providing reliable cash flow from day one. A fully renovated two-storey, three-bedroom semi-detached home adds premium rental appeal.

East Ave

58 East Avenue S

$719,000

3 Units

NOI (Monthly) – $3,571.75 (approx)

NOI (Annually) – $42,861.02 (approx)

Well-maintained triplex with three self-contained units across three levels, offering strong rental income potential for investors or owner-occupiers. Features include a large 4-bedroom main-floor unit, a 1-bedroom second-floor unit, and a newly finished bachelor basement suite, each with functional layouts and modern updates.

Lottridge

19 Lottridge Street

$675,000

3 Units

NOI (Monthly) – $3,416.07 (approx)

NOI (Annually) – $40,992.84 (approx)

The updated suites feature modern fixtures and improved energy efficiency and separate meters for ease of management. The basement offers clear potential to convert into an additional self-contained rental suite to increasing cash flow. Unit 1 rents: $930 + hydro, Unit 2: $1450 + hydro , Unit 3: $1400 + hydro. Detached garage rented for $500/month.

Homewood

147 Homewood Avenue

$899,900

2 Units

NOI (Monthly) – $2,701.53 (approx)

NOI (Annually) – $32,418.36 (approx)

Tenants pay their own hydro, & financials are available upon request. The charming covered front porch sets a welcoming tone, while the front vestibule w/ 2 separate unit entry doors provides private access to each suite. At the rear of the property, surfaced parking for 2 vehicles is conveniently accessed via the alley.

East 18

286 East 18th Street

$969,999

2 Units

NOI (Monthly) – $3,641.67 (approx)

NOI (Annually) – $43,700 (approx)

Fully renovated with two completely separate living units. The bright, open-concept upper unit features a spacious kitchen overlooking the dining and living areas, along with three generous bedrooms. The lower unit offers its own private entrance, full kitchen, private laundry and two bedrooms. Additional highlights include five bedrooms and four bathrooms, a professionally underpinned basement with full ceiling height and parking for three vehicles.

Fairleigh

17 Fairleigh Avenue S

$559,900

3 Units

Duplex close to downtown Hamilton and all major amenities. Features three units: one 3-bedroom and two 1-bedroom suites. All units are updated and have separate entrances. Provides a great opportunity for investors or extended families. Sold ” as is, where is” basis. Seller makes no representation and/ or warranties. All room sizes are approx.

Garrow

16 Garrow Drive

$749,900

2 Units

NOI (Monthly) – $3,634.58 (approx)

NOI (Annually) – $43,615 (approx)

Two separate, income producing units with their own hydro meters and in suite laundry. The main floor boasts three bright bedrooms and one full bathroom. The lower unit has two generously sized bedrooms and one full bathroom.

Gibson

29 Gibson Avenue

$749,900

4 Units

NOI (Monthly) – $4,357 (approx)

NOI (Annually) – $52,284 (approx)

Includes brand-new electrical, plumbing, and windows. Each unit includes new kitchens and bathrooms. The basement has been fully waterproofed with a sump pump installed, while exterior upgrades include new eavestroughs, downspouts, and leaf guards for long-term durability. All appliances have been replaced since 2020, and a convenient coin laundry box adds additional income potential. Hot water tank is owned.

Rosewood

213 Rosewood Road

$799,000

2 Units

NOI (Monthly) – $3,710.67 (approx)

NOI (Annually) – $44,528 (approx)

Unique duplex investment opportunity with two mirror-image units offering up to 6 bedrooms and 2 full bathrooms, ideal for strong rental income or living in one unit while renting the other. Extensively updated with major upgrades in 2020 and additional renovations in 2025, plus a garage and unfinished basements providing added storage and value potential.

Sherman

90 Sherman Avenue

$499,900

2 Units

Corner lot all-brick 2.5-storey duplex in a prime Hamilton location, close to schools, grocery stores, transit, and the future Hamilton LRT line. The main floor 2-bedroom unit rents for $1,500/month, while the upstairs 5-bedroom unit is rented per bedroom at $750 each, generating $3,750/month, for a total annual income of $63,000. The property features a large front porch and upper balcony/patio, perfect for tenants. Separate hydro meters simplify utility management. This duplex offers strong cash flow, low operating costs, and long-term appreciation potential in a high-demand, transit-accessible neighborhood.

Spadina

115 Spadina Avenue

$699,000

3 Units

NOI (Monthly) – $3,369.79 (approx)

NOI (Annually) – $40,437.47 (approx)

The main floor unit includes a living room, kitchen, one bedroom, and a 4-piece bathroom. On the second level, there’s a two-bedroom unit with a living room, kitchen, and another 4-piece bathroom. The upper-level studio boasts a living room/bedroom, kitchen, 4-piece bath, and access to a balcony with stairs leading to the backyard. All units are separately metered, with on-site coin-operated laundry facilities making for easy management and enhanced cash flow.