
Hamilton, ON L8P 2C8
177 Charlton Street offers a compelling opportunity in the heart of Durand - a red brick century income property generating a ~4.5% cap rate, anchored by a two-level upper residence that feels like a home. Configured as two residential units plus a separate street-level office, the property supports a range of ownership strategies: a straight forward investment, an owner-occupied income property, or a live/work setup with flexibility to adapt over time. Character carries throughout the home, with original detailing, stained glass, and period features that reflect its century heritage. The upper unit spans two full floors and offers a flexible layout with a bright living room with bay windows, a generous dining area (options as a third bedroom), a large eat-in kitchen, with access to a private fenced garden via front entry. Upstairs, two charming bedrooms in keeping with the home's era are complemented by an oversized bathroom with soaker tub, glass shower, and integrated laundry. On the main level, a self-contained one-bedroom suite provides reliable rental potential with its own laundry, ample storage, walk-in closet, and access to a private garden. At the front of the home, a bright spacious street-level office with private entrance, 2-piece bath, Victorian features, and original pocket doors creates a true work-from-home environment or additional income opportunity. The space also offers flexibility to be re-integrated into the main floor layout over time. Southern exposure brings consistent natural light, complemented by two private outdoor areas, five-car parking, and an unfinished basement with separate entrance offering additional flexibility and long-term potential. All just steps to Locke Street's cafés, restaurants, and wine bars, Hess Village, and downtown Hamilton, with convenient access to hospitals, transit, and the GO Station. An income property with a true owner's unit - well-located, functional, and positioned for long-term flexibility.
TRREB MLS® Attribution
MLS® X12979784
Listed by CHESTNUT PARK REAL ESTATE LIMITED
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$5,318
/month · $871,200 mortgage
Amortization
Total Interest
$724,119
Total Cost
$1,595,319
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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CHESTNUT PARK REAL ESTATE LIMITED