1 / 14
MultiplexListed 89 days ago

$875,000

317 Queen Street S, Hamilton, ON L8P 3T6

Durand · Hamilton · L8P 3T6

Listing brokerage: RIGHT AT HOME REALTY

Beds
5+1
Baths
3
Sq ft
2000–2500
Parking
1

Monthly costs

Property taxes

$580/mo

$6,961 a year (2026)

The home

Lot size
25 × 130 ft
Style
2 1/2 Storey
Basement
Apartment, Separate Entrance, Finished
Parking
1 spot
Faces
West
Heating · cooling
Forced Air, Central Air, Wall Unit(s)
Possession
flexible

About this home

Exceptional opportunity to acquire a well-maintained three-unit income property featuring three self-contained residential units in one of Hamilton's most desirable neighbourhoods. Offering approximately $60,000 in gross annual income potential based on current and market rents, with immediate upside through one vacant 2-bedroom unit, this property presents an excellent opportunity for investors to increase cash flow by leasing at market rent or for owner-occupiers to offset their mortgage with rental income from the remaining two units. The property offers a total of six bedrooms, three kitchens and three bathrooms. Three separate hydro meters allow tenants to pay their own electricity, while the landlord pays heat and water. Coin-operated laundry provides additional income, and one private driveway parking space is included. Ideally situated in the desirable Durand neighbourhood, on the doorstep of Kirkendall, just steps from Locke Street's vibrant shops, cafés and restaurants, and minutes from St. Joseph's Healthcare Hamilton, the Escarpment, parks, public transit, downtown Hamilton and convenient highway access. A rare opportunity to add a strong income-producing property with immediate upside to your portfolio in one of Hamilton's most established rental markets.

All details22 more from the listing · Interior, Heating, Parking, Exterior, Utilities, Taxes, Listing

Interior

Bedrooms
5+1
Bathrooms
3
Kitchens
3
Rooms
9
Size
2000-2500 sq ft
Fireplace
Natural Gas

Features

  • Accessory Apartment
  • Separate Hydro Meter
  • Water Heater

Heating & Cooling

Heat source
Electric

Parking

Covered spaces
0

Features

  • Available
  • Private

Exterior & Lot

Exterior
Brick
Roof
Asphalt Shingle

Utilities

Sewer
Sewer

Taxes & Fees

HST
Included In

Listing

MLS® number
X13580102
Type
Multiplex
Transaction
For Sale
Neighbourhood
Durand
Cross streets
Homewood Ave/Queen St S
Rooms · 16Living Room ×3, Primary Bedroom ×3, Bedroom ×3, Kitchen ×3, Dining Room, Washroom ×3
  • Living Room

    Main

    4.10 × 3.95 m · 13′5″ × 13′0″

    Combined w/Dining

  • Primary Bedroom

    Main

    3.65 × 4.55 m · 12′0″ × 14′11″

  • Bedroom

    Main

    2.74 × 4.25 m · 9′0″ × 13′11″

  • Kitchen

    Main

    2.74 × 4.25 m · 9′0″ × 13′11″

    Walk-Out

  • Living Room

    Second

    5.59 × 3.35 m · 18′4″ × 11′0″

  • Dining Room

    Second

    3.10 × 3.10 m · 10′2″ × 10′2″

  • Kitchen

    Second

    3.10 × 4.10 m · 10′2″ × 13′5″

    Walk-Out

  • Bedroom

    Second

    3.65 × 3.78 m · 12′0″ × 12′5″

  • Primary Bedroom

    Third

    3.85 × 5.13 m · 12′8″ × 16′10″

  • Bedroom

    Third

    3.56 × 5.99 m · 11′8″ × 19′8″

  • Living Room

    Basement

    5.05 × 3.80 m · 16′7″ × 12′6″

  • Kitchen

    Basement

    2.29 × 3.40 m · 7′6″ × 11′2″

  • Primary Bedroom

    Basement

    5.05 × 2.97 m · 16′7″ × 9′9″

  • 3-piece washroom

    Basement

  • 4-piece washroom

    Main

  • 4-piece washroom

    Second

History

Past listings and sales for this home and building.

Location

317 Queen Street S, Hamilton, ON L8P 3T6 · Near Homewood Ave/Queen St S

Monthly cost

Estimated monthly cost

$4,454/mo

Mortgage
$3,874
Property tax
$580
Down payment$175,000 · 20%
Interest rate4.50%

Amortization

Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.

Cash to close

Cash to close

$191,068

$175,000 down + $16,068 to $17,318 in closing costs

Ontario land transfer tax
$13,975
Legal fees and disbursements
$1,500 to $2,500
Title insurance
$250 to $500
Property tax adjustment
$343

Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.

The listing information is deemed reliable but is not guaranteed accurate by PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

$875,000

Tour in person or by video

Book a viewing