


499 East 16th Street Hamilton, ON L9A 4K9
Description
40867137
$5,559
4,792 SQFT
Single-Family Home
1955
Bungalow Raised
Hamilton
Listed By
ITSO
Last checked Sep 29 2026 at 8:08 AM GMT+0000
- Full Bathrooms: 2
- In-Law Capability
- Separate Hydro Meters
- In-Law Floorplan
- Dishwasher
- Dryer
- Microwave
- Refrigerator
- Stove
- Washer
- Park
- Rec./Community Centre
- Schools
- Urban
- Highway Access
- Major Highway
- School Bus Route
- Public Transit
- Regional Mall
- Airport
- Baseboard
- Gas Hot Water
- Radiator
- Ductless
- Full
- Finished
- Roof: Asphalt Shing
- Sewer: Sewer (Municipal)
- Total: 3
- 1
- 1,128 sqft
Investors, take note! This fully legal duplex offers an exceptional opportunity to own a versatile income property in a mature, highly desirable neighbourhood with healthy monthly cash flow and strong tenant appeal.
Both units have been thoughtfully updated and feature stainless steel appliances, offering modern comfort and convenience for tenants. The spacious 3-bedroom main-floor unit is complemented by a well-appointed 2-bedroom basement unit, making this property an attractive option for investors seeking multiple income streams.
Enjoy the added convenience of separate hydro meters, allowing tenants to manage their own electricity usage. Even better, the basement unit offers the added bonus of no rent control, providing greater flexibility when setting the rent.
The property is being offered vacant, giving the next owner the opportunity to set their own rents from day one and tailor the tenancy strategy to their investment goals.
Location is another major advantage. Situated close to Lime Ridge Mall, shopping, restaurants, schools, transit, everyday amenities, and major highways, this property provides quick and easy access throughout the area. The established neighbourhood and convenient surroundings create access to a large and diverse tenant pool.
Whether you're an experienced investor looking to expand your portfolio or a first-time investor searching for a property with income potential, this fully legal duplex combines updated units, desirable features, flexible rental opportunities, and an incredible location.
Opportunities like this don't come along often — book your private viewing today!