499 East 16th Street Hamilton, ON L9A 4K9
Listing Courtesy of: ITSO / Listed By: Keller Williams Complete Realty

  499 East 16th Street Hamilton, ON L9A 4K9

Active (1 Days)
$725,000 (CAD)
5
BED
2
BATH
1,128
SQFT

Description

Amazing Investment Opportunity – Fully Legal Duplex in a Prime Location!
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!

MLS®:
40867137
Taxes
$5,559
Lot Size
4,792 SQFT
Type
Single-Family Home
Year Built
1955
Style
Bungalow Raised
County
Hamilton

Listed By

Nyle Brown, Keller Williams Complete Realty
Source
ITSO
Last checked Sep 29 2026 at 8:08 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Interior Features
  • In-Law Capability
  • Separate Hydro Meters
  • In-Law Floorplan
  • Dishwasher
  • Dryer
  • Microwave
  • Refrigerator
  • Stove
  • Washer
Lot Information
  • Park
  • Rec./Community Centre
  • Schools
  • Urban
  • Highway Access
  • Major Highway
  • School Bus Route
  • Public Transit
  • Regional Mall
  • Airport
Heating and Cooling
  • Baseboard
  • Gas Hot Water
  • Radiator
  • Ductless
Basement Information
  • Full
  • Finished
Exterior Features
  • Roof: Asphalt Shing
Utility Information
  • Sewer: Sewer (Municipal)
Parking
  • Total: 3
Stories
  • 1
Living Area
  • 1,128 sqft
Location
   
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Disclaimer: Listing content protected by copyright and licensed by Information Technology Systems Ontario: Data last updated: 9/29/26 01:08