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$499,000
Ontario,Hamilton (Beasley)
For Sale Active
203 JOHN STREET N, Hamilton (Beasley), Ontario L8L4P4
  • 5
  • 3
  • 1500 - 2000Square Feet
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Basic Details
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:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X13094994
  • Price: $499,000
  • Bedrooms: 5
  • Bathrooms: 3
  • Square Footage: 1500 - 2000 Sqft
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 276302
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Central air conditioning
  • Basement: Finished, N/A, Apartment in basement, Separate entrance
  • Parking: No Garage
  • Exterior Features: Brick, Stucco
  • Sewer: Sanitary sewer
  • Utilities: Electricity, Sewer, Cable
Address Map
  • Location: CA, Ontario, Hamilton (Beasley), L8L4P4
  • Street: John
  • Street Number: 203
  • Street Suffix: Street
  • Longitude: W80° 8' 9.5''
  • Latitude: N43° 15' 43.5''
  • Street Dir Suffix: North
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 16.3 x 80.9 FT
  • Stories: 2.5
Financial
  • Tax Annual Amount: 3525.89
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Listing updated: 2026-07-04 14:10:51
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Listing Information
  • List Agent Key: 2255544
  • List Office Key: 276302
  • Modification Timestamp: 2026-05-07T14:40:54Z
  • Originating System Name: London and St. Thomas Association of REALTORS®
  • Status Change Timestamp: 2026-05-07T14:33:59Z
Powered by REALTOR.ca
Listing updated: 2026-07-04 14:10:52
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