14 Norway Avenue Hamilton, ON L8M 2V7
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,904 sqft
Price per Sqft $446
MLS Listing ID 40760293
Style Two Story
Bedrooms 5
Full Baths 2
Abv Grd Liv Area 1,904
Year Built 1915
Annual Tax Amount $5,150
Property Sub-Type Detached
Source Cornerstone
Property Description
Discover this versatile and charming legal duplex nestled in Hamilton's sought-after Blakeley neighborhood. With approximately 1,900 sq ft of well-designed living space, this property offers the perfect blend of comfort, storage, and income potential.
Two well-appointed units — a spacious two-bedroom unit and a comfortable three-bedroom unit — ideal for owner-occupiers or income-generating tenants. Along with multiple storage units which are rented.
Prime location — just steps away from the verdant beauty of Gage Park, the convenience of St. Peter's Hospital, and the dynamic boutiques and cafés of Ottawa Street.
Investor-friendly layout — live in one unit while renting the other, or maximize your rental portfolio with two income streams.
Standout Feature — Huge Barns with Endless Possibilities. Currently rented as storage.
At the rear of the property sits two large barns, offering abundant storage and exciting development potential. For savvy investors, it's a prime opportunity to add an Additional Dwelling Unit (ADU) or create a unique workspace, studio, or workshop — all while maintaining rental income from the main house.
Strong Current Income
Unit 1: $1,850 + hydro
Unit 2: $1,995 + hydro
Unit 3/6: $650/month
Unit 4: $250/month
Unit 5A: $475/month
Unit 5B: $500/month
Cap Rate: 6.6%
Location
Province ON
County Hamilton
Area 22 - Hamilton Centre
Zoning D
Direction East of Sherman, South of Maplewood
Rooms
Other Rooms Barn(s), Shed(s), Storage
Basement Full, Unfinished
Main Level Bedrooms 2
Bedroom 2 3
Kitchen 2
Interior
Heating Forced Air
Cooling Window Unit(s)
Fireplace No
Window Features Window Coverings
Appliance Water Heater, Dishwasher, Dryer, Range Hood, Refrigerator, Stove, Washer
Exterior
Parking Features Detached Garage
Garage Spaces 8.0
Roof Type Asphalt Shing
Lot Frontage 26.04
Lot Depth 149.22
Garage Yes
Building
Lot Description Urban, Hospital, Park, Public Transit, Schools
Faces East of Sherman, South of Maplewood
Foundation Concrete Block
Sewer Sewer (Municipal)
Water Municipal
Architectural Style Two Story
Structure Type Aluminum Siding,Brick Veneer,Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 172060181
Ownership Freehold/None