550 JAMES Street N, Hamilton, ON L8L1J5
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550 JAMES Street N, Hamilton, ON L8L1J5
550 JAMES Street N, Hamilton, ON L8L1J5
550 JAMES Street N, Hamilton, ON L8L1J5
550 JAMES Street N, Hamilton, ON L8L1J5
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550 JAMES Street N Hamilton, ON L8L1J5

6 Beds

3 Baths

3,273 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3273

Square Footage 3,273 sqft

Price per Sqft $229

Subdivision 132 - North End

MLS® Listing ID 40838339

Bedrooms 6

Half Baths 1

Year Built 1890

Property Sub-Type Freehold

Property Description

Your dream duplex awaits—a home that can help pay for itself. Ideally located in Hamilton's desirable North End, just steps from Bayfront Park, West Harbour GO, and trendy James Street North restaurants, cafés and galleries. Whether you're an investor, owner-occupier seeking rental income, a multi-generational family, or someone looking to explore future development opportunities, this property checks all the boxes. Thoughtfully renovated from top to bottom, this legal duplex is currently generating $4700/mth in gross rental income. The main floor unit was previously operated as a successful short-term rental/Air B&B. It offers two spacious bedrooms, abundant storage, updated laundry facilities, an entertainer's kitchen, a cozy living room with a fireplace, and a stunning spa-inspired bathroom. Outside, you'll find an expansive backyard complete with a large deck and newer hot tub, all meticulously maintained. The upper unit features three bedrooms and, including a primary bedroom with oversized built-in closet organizers, a generous living room with a gas fireplace and custom built-ins, an updated eat-in kitchen with access to a charming balcony, and a bright open-concept attic loft ideal for a bedroom, home office, studio or cozy sitting area. The high-and-dry basement is the perfect space for a home gym, studio, recreation room or additional living space and benefits from having a separate entrance. Parking will never be an issue for your tenants and guests with ample free street parking on both sides of the street as well as the adjacent side streets. Updates: 2021- main floor custom closets, nest thermostat, new roof, new shed roof, new skylights, 2nd floor engineered hardwood, locking back gate, gas fireplace upper unit, electric fireplace lower unit living room. 2022- new sliding doors upper balcony/lower living room, fire alarm system. 2023- keyless front door lock, 2024–basement partially finished. 2026-lower unit engineered hardwood. (id:24570)

Location

Province ON

Rooms

Kitchen 1.0

Extra Room 1 Second level Measurements not available 4pc Bathroom

Extra Room 2 Second level 12'5'' x 6'11'' Bedroom

Extra Room 3 Second level 13'3'' x 11'8'' Bedroom

Extra Room 4 Second level 14'8'' x 12'6'' Kitchen

Extra Room 5 Second level 14'4'' x 12'6'' Living room

Extra Room 6 Third level 43'9'' x 16'8'' Bedroom

Interior

Heating Forced air,

Cooling Central air conditioning

Fireplaces Number 2

Fireplaces Type Other - See remarks

Exterior

Parking Features No

View Y/N No

Attached Garage No

Garage No

Private Pool No

Building

Story 2.5

Sewer Municipal sewage system

Others

Ownership Freehold

Virtual Tour https://youtu.be/DFkr-jmRbTw


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Listed by RE/MAX Escarpment Golfi Realty Inc.

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550 JAMES Street N