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$849,900
Est. payment /mo
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.