188-190 Caroline Street, Hamilton, ON
Property Highlights
Welcome to this remarkable 2-Storey fourplex located in the coveted neighborhood of Durand. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,149,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 7 Bedrooms and 5 Bathrooms with 4 functional kitchens
- Generous living space spanning 3000-3500 sqft on a premium 39 x 95 ft lot
- Ample parking with 0.0 garage spaces (4.0 total parking spaces)
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
6.5% cap rate. $91,650 in annual rent from four leased units in Hamilton's popular Durand Neighbourhood. You get a legal 4-plex built, fully tenanted, producing $75,189 in net operating income. All four tenants pay their own hydro, so your utility exposure stays small and easy to predict. The expensive work is already behind you. Parapet walls and chimney have been re-built, and the water line has been upgraded to 3/4" copper. 4 car parking sits at the rear. The unit mix protects your income: one 3 bedroom, one 2 bedroom, two 1 bedrooms. Four separate tenancies means no single vacancy takes out your cash flow. Each unit has kept its own character, which is what holds good tenants in place. Walk to Locke St S, James St S, Hess Village, St. Joseph's Hospital, downtown Hamilton, transit, parks and schools. Durand is one of the tightest rental pockets in the city, on a quiet tree-lined street. Two of the four rents are under market so there's upside for the future in the numbers. Book your showing this week.
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Property Summary
This fourplex located at 188-190 Caroline Street, Hamilton is currently for sale and has been available on SousaSells for 15 days. This property is listed at $1,149,000 with an estimated mortgage of $3,825* per month. It has 7 beds, 5 bathrooms, and is 3000-3500 square feet. 188-190 Caroline Street, Hamilton is in the Durand neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 7 bedrooms and 5 bathrooms, this home offers ample space and comfort for growing families in Durand, Hamilton.
- •7 spacious bedroom layout offering versatile living space
- •5 well-appointed bathrooms
- •3000-3500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Durand, Hamilton.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Hospital
- Library
- Public Transit
- Place Of Worship
Interior Features
- None
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Hamilton?
If you are looking for a house in Hamilton or researching Hamilton real estate for sale, this 7-bedroom fourplex at 188-190 Caroline Street, Hamilton, ON offers an exceptional opportunity to buy a home in Hamilton, Ontario. Whether you are a first-time Hamilton home buyer or comparing active Hamilton MLS® homes for sale, working with a dedicated Hamilton buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Hamilton realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Hamilton Buyer Budget & Costs
Estimated mortgage: $3,825*/month*. Estimated Ontario Land Transfer Tax: $19,455. First-time Hamilton home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Hamilton
Frequently Asked Questions about 188-190 Caroline Street, Hamilton, ON
Q.What is the asking price for 188-190 Caroline Street, Hamilton, ON ?
The current listing price for 188-190 Caroline Street, Hamilton, ON in Durand, Hamilton is $1,149,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 7 bedrooms and 5 bathrooms across approximately 3000-3500 sqft.
Q.What property type and architectural style is 188-190 Caroline Street, Hamilton, ON ?
188-190 Caroline Street, Hamilton, ON is a Fourplex (2-Storey) featuring a None basement.
Q.What key property features does 188-190 Caroline Street, Hamilton, ON offer?
Key property features include: Hospital, Library, Public Transit, Place Of Worship.
Q.What interior features are included in this home?
Interior highlights include: None.
Q.Is parking available at this property?
Yes, this property offers parking space for 4.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Durand, Hamilton
18 assaults (138.5/100k)
11 B&E (84.6/100k)
14 thefts (107.7/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 188-190 Caroline Street S, Hamilton, ON L8P 3L2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Hamilton, ON
For a property listed at $1,149,000 in Hamilton, the legal minimum down payment is $229,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $19,455 for this transaction. As this listing is in Hamilton (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $19,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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