193 Burris Street Hamilton, Ontario L8M 2J7
$700,000
193 Burris St, Hamilton - Investment Property (Duplex + Rooms). A two-hydro-meter property configured as a 2-bedroom main-floor-plus-basement unit and a four-room upper unit, currently 100% occupied and generating $36,031 in NOI from strong in-place room income. The real opportunity is the immediate value-add: four of the five doors rent month-to-month, allowing rents to be reset to market on standard notice. Underpinning that cash flow is genuine land value in one of Hamilton's most sought-after, appreciating pockets, where nearby homes have sold well above $750,000 - including 197 Burris next door, which sold for $769,000. The result is an investment that combines solid room-level income today with meaningful upside and long-term exit optionality. (id:56248)
Property Details
| MLS® Number | X13517426 |
| Property Type | Multi-family |
| Community Name | St. Clair |
| Features | Lane |
| Parking Space Total | 1 |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 4 |
| Basement Features | Walk-up |
| Basement Type | N/a |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick Veneer |
| Half Bath Total | 2 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 1,100 - 1,500 Sqft |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 100 Ft |
| Size Frontage | 20 Ft ,2 In |
| Size Irregular | 20.2 X 100 Ft |
| Size Total Text | 20.2 X 100 Ft |
https://www.realtor.ca/real-estate/29983840/193-burris-street-hamilton-st-clair-st-clair
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July 03 2026 01:38:55
Toronto Regional Real Estate Board
Exp Realty