228 East 25th Street, Hamilton

$849,000
228 East 25th Street

$849,000

New
7d
Duplex2-Storey

228 East 25th Street, Hamilton

Total Monthly Obligation $4,295

Beds
5
Baths
3
Park
2
Sqft
1500-2000
DOM
7d
Yield
3.5%
Cash on Cash
-9.6%
Cap Rate
2.5%
5Y IRR
8.1%
10Y IRR
8.7%
Property Type-Duplex
MLS® Number-X14088818
Beds-5
Bathrooms-3
Size-1500-2000 sqft
Lot Size-50 × 107.33 ft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Duplex
Taxes-$5,948.64 (2026)
Parking-4 - Attached
Basement-Unfinished
Heating-Forced Air (Electric)
Brokerage-REAL ESTATE HOMEWARD
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Aluminum Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-30 days
Neighbourhood-Eastmount
Title-Residential Freehold

No agent assigned

Welcome to this extensively renovated detached duplex in Hamilton's desirable Eastmount neighbourhood, offering an exceptional opportunity for investors, multi-generational families or buyers seeking additional rental income. Situated on a generous 50 x 107.33 ft lot, this versatile property features two spacious, self-contained units with separate entrances and metered utilities. The vacant main-floor unit offers three bedrooms, a full bathroom, kitchen and living room, providing an excellent opportunity for owner occupancy or rental income. The currently tenanted upper-level unit features two bedrooms, a full bathroom, kitchen, living room and access to a rooftop deck, providing an existing income stream. The unfinished basement offers additional space and potential for future development or a third unit, subject to municipal approvals. Extensively upgraded since 2022, improvements include new electrical wiring and upgraded panels, plumbing, kitchens, bathrooms, subfloors and flooring throughout. Additional upgrades include new garage doors, roofing over the garage and rooftop deck and brand-new main house shingles in 2026. Complete with a detached double garage, private double-wide driveway, central air conditioning and forced-air gas heating, this property combines modern updates with excellent functionality. An exceptional opportunity to own an extensively updated duplex with immediate occupancy potential, existing rental income and future development possibilities in an established Hamilton neighbourhood!

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Closing Costs

Mortgage Amount
$679,200
Land Transfer Taxes$13,455
Legal Fees (Est.)
$
Total cash required for closing$184,755

Total Monthly Obligation

$4,295/mo
Mortgage $3,425
Monthly Loss $3,394
Principal$901
Interest$2,523
Property Tax$496
Home Insurance$125
Variable Costs$250

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

Comparables

Properties near 228 East 25th Street

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