Hamilton, ON L8M 2V7,14 Norway AVE
Hamilton, ON L8M 2V7,14 Norway AVE
Hamilton, ON L8M 2V7,14 Norway AVE
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$849,900
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5 Beds
2 Baths
New

14 Norway AVE Hamilton, ON L8M 2V7

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision Blakeley

MLS Listing ID X12344973

Style 2-Storey

Bedrooms 5

Annual Tax Amount $5,150

Tax Year 2025

Property Sub-Type Duplex

Property Description

Investors Dream in Blakeley: Dual-Unit Duplex with Bonus Barn at 14 Norway Avenue. Discover this versatile and charming legal duplex nestled in Hamiltons 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. Peters 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, its 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

Community Blakeley

Area Hamilton

Rooms

Family Room Yes

Basement Unfinished, Full

Kitchen 2

Interior

Interior Features Separate Hydro Meter, Water Heater

Cooling Window Unit(s)

Fireplace No

Heat Source Gas

Exterior

Parking Features Private Triple

Garage Spaces 8.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 26.0

Lot Depth 75.0

Total Parking Spaces 12

Building

Unit Features Hospital,Park,Public Transit,School,School Bus Route

Foundation Concrete Block


Listed by RE/MAX ESCARPMENT REALTY INC.

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agent

Nigel Wong

Realtor | License ID: 9598315

+1(647) 549-1865

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14 Norway AVE