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203 JOHN STREET N, Hamilton (Beasley)
2026-05-07
Quick Summary
- Location
- 203 JOHN STREET N, Hamilton (Beasley), Ontario L8L4P4
- Price
- $499,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 1500 - 2000 sqft
- Bedrooms:
- 4 bed +1
- Bathrooms:
- 3
- Garages:
- 1
MLS®#X13094994
Property Description
Welcome to 203 John Street North, a stabilized, 3-unit, turn-key investment property offering a staggering *7.85% Cap Rate* right in the heart of Hamilton. With an NOI of $39,178.19, this property is structured as a legal duplex plus a non-conforming basement unit, providing three distinct, income-producing living spaces. Completely taken down to the studs during a previous full-gut renovation, this asset offers total peace of mind. Major capital expenditures have already been addressed, including modernized electrical, updated plumbing, a newer roof (~10 years), and an upgraded furnace (under 15 years).Currently generating a robust $52,374 in Gross Annual Income ($4,364.50/month) with at-market rents, the building is perfectly optimized for operational efficiency. The suite mix includes a bright 1-bedroom main-floor unit, a spacious 2-bedroom upper unit complete with a versatile loft, and a functional 1-bedroom lower level. Main and upper tenants pay their own hydro bills.Complete with convenient rear laneway access and a dedicated parking pad, this property is a rare find. Whether you are scaling your portfolio with a high-performing, low-maintenance asset or seeking the ultimate house-hack to offset your mortgage, 203 John St N delivers unmatched financial performance and beautiful curb appeal. (id:32467)
Property Features
Building
- Amenities: Separate Electricity Meters
- Appliances: Water Heater, Water meter
- Basement Development: Finished
- Basement Features: Apartment in basement, Separate entrance
- Basement Type: N/A, N/A (Finished), N/A
- Cooling Type: Central air conditioning
- Exterior Finish: Brick, Stucco
- Fireplace: No
- Interior Size: 1500 - 2000 sqft
- Building Type: Duplex
- Stories: 2.5
- Utility Water: Municipal water
Features
- Feature: Lane
Land
- Land Size: 16.3 x 80.9 FT|under 1/2 acre
- Sewer: Sanitary sewer
Structure
- Structure: Patio(s), Porch
Information entered by PRIME REAL ESTATE BROKERAGE
Listing information last updated on: 2026-05-07 14:33:59
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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