74 Locke Street N, Hamilton

$1,049,000
74 Locke Street N

$1,049,000

Price Change
34d
Multiplex2-Storey

74 Locke Street N, Hamilton

Total Monthly Obligation $6,067

Beds
8
Baths
8
Park
5
Sqft
3500-5000
DOM
34d
Property Type-Multiplex
MLS® Number-X13824728
Beds-8
Bathrooms-8
Size-3500-5000 sqft
Lot Size-54.25 × 82.5 ft
Listed on site-Sep 19, 2026
Style-2-Storey
Building Type-Multiplex
Taxes-$17,532 (2026)
Parking-5 - None
Basement-Unfinished, Partial Basement
Heating-Radiant (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Other
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Aluminum Siding, Brick Front
Roof-Asphalt Rolled, Asphalt Shingle
Foundation-Unknown
Sewer-Sewer
Possession-FLEXIBLE
Neighbourhood-Strathcona
Title-Residential Freehold

No agent assigned

Excellent investment opportunity in a prime central Hamilton location. Situated on a prominent corner lot at Locke St N and Peter St, this 3-storey multi-residential property features 8 self-contained residential units consisting of 4 two-bedroom and 4 one-bedroom units, each with separate hydro meters. Offering approximately 4,220 sq ft of living space, 5 parking spaces, coin-operated laundry, boiler heating system and additional basement space. Fully tenanted with established rental income and significant future upside as tenancies turn over. Conveniently located minutes from Victoria Park, Bayfront Park, West Harbour GO, public transit, downtown Hamilton and the shops and restaurants of Locke Street. An opportunity for investors to acquire an established income-producing property in one of Hamilton's most convenient and desirable central locations. Property being sold under Power of Sale on an "as is, where is" basis.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$839,200
Land Transfer Taxes$17,455
Legal Fees (Est.)
$
Total cash required for closing$228,755

Total Monthly Obligation

$6,067/mo
Mortgage $4,231
Monthly Loss $4,954
Principal$1,113
Interest$3,118
Property Tax$1,461
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

Assumptions & Inputs
$/mo
%
$
yr
%

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 74 Locke Street N

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.