Just Listed
Address
499 East 16th Street, Hamilton, ON
Price
$ 725,000

Your Agent

Karl Abuwalla Personal Real Estate Corporation

Broker

905-795-1900


Listing provided by Karl Abuwalla Personal Real Estate Corporation, Broker, The Goldfellas

Property Attributes
  • MLS#40867137
  • TypeSingle Family
  • Listing Status Active
  • CityHamilton
  • Area17 - Hamilton Mountain
  • Neighbourhood176 - Hill Park
  • Postal CodeL9A 4K9
  • StyleBungalow Raised
  • Year Built1955
  • Taxes$ 5559
  • Price$ 725,000
  • Bedrooms6
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1128
  • Lot Size0.11 Acres
Data Source:
Ontario Regional (ITSO)
Property Description

Amazing Investment Opportunity – Fully Legal Duplex in a Prime Location! Investors, take note! This fully legal duplex offers an exceptional opportunity to own a versatile income property in a mature, highly desirable neighbourhood with healthy monthly cash flow and strong tenant appeal. Both units have been thoughtfully updated and feature stainless steel appliances, offering modern comfort and convenience for tenants. The spacious 3-bedroom main-floor unit is complemented by a well-appointed 2-bedroom basement unit, making this property an attractive option for investors seeking multiple income streams. Enjoy the added convenience of separate hydro meters, allowing tenants to manage their own electricity usage. Even better, the basement unit offers the added bonus of no rent control, providing greater flexibility when setting the rent. The property is being offered vacant, giving the next owner the opportunity to set their own rents from day one and tailor the tenancy strategy to their investment goals. Location is another major advantage. Situated close to Lime Ridge Mall, shopping, restaurants, schools, transit, everyday amenities, and major highways, this property provides quick and easy access throughout the area. The established neighbourhood and convenient surroundings create access to a large and diverse tenant pool. Whether you're an experienced investor looking to expand your portfolio or a first-time investor searching for a property with income potential, this fully legal duplex combines updated units, desirable features, flexible rental opportunities, and an incredible location. Opportunities like this don't come along often — book your private viewing today!

Price History
9/28/2026 Listed $725,000

General Features

Living Area 1128
Sewer Sewer (Municipal)
Heating Baseboard,Gas Hot Water,Radiator
Cooling Ductless
Roof Asphalt Shing
Appliances Dishwasher,Dryer,Microwave,Refrigerator,Stove,Washer
Zoning C
Architectural Style Bungalow Raised
Construction Materials Brick
Year Built 1955
Stories Count 1
Property Subtype Single Family Residence
County Hamilton
New Construction false
Property Type Residential
Garage Y/N false
Total Rooms 13
Full Baths 2
Status Active
Directions Upper Wentworth to Mohawk to East 16th
City Hamilton
Senior Community Y/N false
Open Parking Spaces 3
MLS Area 17 - Hamilton Mountain
Lot Size Units Acres
Lot Size Square Feet 4791.6
Property Attached Y/N false
MLS Area Minor 176 - Hill Park
Building Area Units Square Feet
Standard Status Active

Interior Features

Interior Amenities In-law Capability,In-Law Floorplan,Separate Hydro Meters
Basement Full,Finished
Kitchen Level Basement,Main
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Above Grade Finished Area 1128
Total Bedrooms 6
Below Grade Finished Area 660
Main Level Bedrooms 4
Main Level Bathrooms 1
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source LBO Provided
Above Grade Finished Area Source LBO Provided
Above Grade Finished Area Unit Type Square Feet
Total Baths 2

Exterior Features

Lot Features Urban,Airport,Highway Access,Major Highway,Park,Public Transit,Rec./Community Centre,Regional Mall,School Bus Route,Schools
Water Source Municipal
Total Parking 3
Inclusions Dishwasher,Dryer,Microwave,Refrigerator,Stove,Washer
Lot Size Area 0.11
Building Area Total 1788
Lot Dimensions 50.58 x 95.87
Lot Size Acres 0.11
Frontage Length 50.58
Frontage Type East
Waterfront Y/N false
Crops Included Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in L9A 4K9

Your Agent

Karl Abuwalla Personal Real Estate Corporation

Broker

905-795-1900


Listing provided by Karl Abuwalla Personal Real Estate Corporation, Broker, The Goldfellas

Listed By
Keller Williams Complete Realty