499 EAST 16TH Street
Hamilton
L9A 4K9
$725,000
Multi-family
beds: 5
baths: 2.0
1,128 sq. ft.
built: 1955
- Status:
- Active
- Prop. Type:
- Multi-family
- MLS® Num:
- 40867445
- Bedrooms:
- 5
- Bathrooms:
- 2
- Year Built:
- 1955
- Photos (42)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
Cancel any time.
Investors and owner-occupiers, take note! This fully legal duplex offers an incredible opportunity to build equity while generating rental income — whether you're looking to expand your portfolio or live in one unit and rent out the other for an additional source of income. This property features two updated, self-contained units: a spacious 3-bedroom main-floor unit and a well-appointed 2-bedroom basement unit. Both units feature stainless steel appliances and offer comfortable, modern living spaces that are attractive to today's tenants. With separate hydro meters, tenants can be responsible for their own electricity usage. The basement unit also offers the added bonus of no rent control, providing greater flexibility for future rental income. The property is being offered vacant, giving the new owner the flexibility to set their own rents from day one. For an owner-occupier, this creates an especially attractive opportunity: live in one unit while renting the other, generating rental income that can help offset your monthly mortgage payment and make home ownership more affordable. For investors, the property's layout provides the potential for healthy monthly cash flow, while its location helps attract a large and diverse tenant pool. Situated in a mature and established neighbourhood, this property is conveniently located close to Lime Ridge Mall, shopping, restaurants, schools, transit, everyday amenities, and major highways. With quick and easy highway access, getting around the city is a breeze — making this a highly convenient location for both homeowners and tenants. Whether you're looking to house-hack your way into home ownership, reduce your monthly carrying costs, or add a strong income-producing property to your portfolio, this fully legal duplex offers flexibility, rental income potential, updated units, and an incredible location all in one package. (id:2493)
- Property Type:
- Multi-family
- Common Interest:
- Freehold
- Property Attached:
- Yes
- Total Living Area:
- 1,128 sq. ft.
- Finished Area Above Grade:
- 1,128 sq. ft.
- Zoning:
- C
- Taxes:
- $5,559 / -
- Community:
- 176 - Hill Park
- Exterior Features:
- Brick
- Community Features:
- School Bus, Community Centre
- Structure Type:
- Duplex
- Appliances Included:
- Microwave
- Bedrooms:
- 5
- Bathrooms:
- 2.0
- Cooling:
- Ductless
- Fireplace:
- No
- Heating:
- Baseboard heaters
- # Storeys:
- 1.0
- Water:
- Municipal water
- Sewer:
- Municipal sewage system
- Basement:
- Finished, Full
- Lot Frontage:
- 51'
- Lot Size:
- 4,792 sq. ft.
- Lot Details:
- 0.11
- Total Parking Spaces:
- 3
-
Brick exterior with white shutters and a covered porch -
Red brick exterior with white trim, featuring a front deck with white railings and steps
-
Brick exterior with a gabled roof, a white front deck with railings, and a paved driveway leading to a wooden fence
-
Recessed lighting, crown molding, wood-finish flooring, and a paneled entry door with frosted glass insert
-
Wood-finish flooring, recessed ceiling lights, an arched doorway, and a decorative rectangular light fixture
-
Spacious room with wood-finish flooring, recessed lighting, crown molding, and an arched entryway
-
Kitchen featuring light-toned cabinetry, stainless steel appliances, recessed lighting, and tile flooring
-
Modern kitchen featuring light cabinetry, stainless steel appliances, a single-basin sink, and recessed lighting
-
Neutral painted walls, wood-finish flooring, a baseboard heating unit, and a single light fixture
-
Wood-finish flooring, neutral wall paint, and white trim throughout
-
Wood-finish flooring with a horizontal grain pattern
-
Wood-finish flooring, neutral wall paint, and horizontal window blinds
-
Wood-finish flooring, neutral wall tones, white trim, and a window with horizontal blinds
-
Wood-finish flooring, light-toned wall paint, and white trim
-
Wood-finish flooring with light-toned walls
-
Wood-finish flooring, white trim, rectangular window with blinds, ceiling-mounted light fixture, light-toned walls
-
Wood-finish flooring, neutral wall tones, and white trim
-
Porcelain bathtub with tiled surround featuring an accent border, black countertop with an integrated sink, and a wall-mounted mirror
-
White vanity with a black integrated sink and chrome faucet
-
Wood-finish staircase, white interior doors, and light tile flooring
-
Hallway featuring wood-finish flooring, white trim, and light-toned walls
-
Spacious area featuring wood-finish flooring, recessed lighting, and a kitchen with stainless steel appliances and white cabinetry
-
Laminate wood-finish flooring, recessed lighting, white cabinetry, stainless steel appliances, and a solid surface countertop
-
Spacious room featuring light wood-finish flooring, recessed ceiling lighting, a white panel door, and a horizontal window
-
Wood-finish flooring, white trim, recessed ceiling light, white walls, and a solid interior door
-
Wood-finish flooring, white trim, horizontal window, white flush-mount ceiling light, and a white door with a silver knob
-
Recessed lighting, wood-finish flooring, white baseboards, and white interior doors
-
Wood-finish flooring, white trim, recessed window, white paneled door, and overhead lighting
-
Wood-finish flooring, white trim, and a white ceiling with an overhead light fixture
-
Wood-finish flooring, white trim, recessed lighting, and a white interior door
-
Bathroom featuring white subway tile shower surround, single vanity with integrated sink, white cabinetry with silver hardware, and a wall-mounted medicine cabinet
-
White vanity with brushed nickel hardware, mirror with silver-finish frame, subway tile shower surround, integrated bathtub, and light-toned floor tiling
-
White subway tile bath surround, white built-in tub, white vanity with storage, wall-mounted mirrored medicine cabinet, and white wall-mounted storage cabinet
-
Tile flooring, white walls, and two built-in storage closets
-
Washer and dryer appliances with tile flooring, white baseboards, and built-in storage
-
Additional content
-
Brick exterior with multiple windows, a prominent chimney, and a paved driveway leading to the rear
-
Brick exterior with a prominent chimney, complemented by a herringbone pattern paver driveway
-
Red brick exterior with multiple windows and a prominent chimney
-
Brick exterior with a gabled roof, rear wood deck, and detached garage
-
Additional content
-
Shed structure featuring horizontal siding, a paneled entry door, and a single-pane window
Listed by Keller Williams Complete Realty
Data was last updated October 22, 2026 at 01:45 AM (UTC)
- PHIL WADDEN
- KELLER WILLIAMS COMPLETE BROKERAGE
- 1 (416) 2208017
- Contact by Email
