8 ST. MATTHEWS Avenue
Hamilton, Ontario
8 bed • 4 bath • Multi-family
Turn-Key 4-Unit Investment Property in a Prime, Established Neighbourhood. Well-maintained and fully functional fourplex ideally located near schools, public transit, and shopping amenities. The property features five separate hydro meters, four individual furnaces, and four hot water heaters, offering independent utility setups for each unit. All Units are currently leased; Situated on a good sized lot with three parking space, 2 of which are in the garage. The property also includes a walk-up basement with a shared laundry area and additional space. Ideal for investors seeking reliable cash flow in a high-demand rental area. Interior photos are for Unit #3 ONLY when it was vacant
Price History
Schools
Elementary
- Cathy Wever Elementary Public School0.4 km
Public · Hamilton-Wentworth DSB · 540 students
Grade 3 reading: 56% met the provincial standard · Grade 6 math: 23% met the provincial standard
- St. Patrick Catholic Elementary School1 km
Catholic · Hamilton-Wentworth CDSB · 405 students
Grade 3 reading: 80% met the provincial standard · Grade 6 math: 41% met the provincial standard
- Dr. J. Edgar Davey Elementary Public School1 km
Public · Hamilton-Wentworth DSB · 585 students
Grade 3 reading: 65% met the provincial standard · Grade 6 math: 14% met the provincial standard
Secondary
- Cathedral High School1.1 km
Catholic · Hamilton-Wentworth CDSB · 1650 students
Grade 10 literacy: 64% met the provincial standard
- System Alternative Education Sir Isaac Brock Secondary School1.1 km
Public · Hamilton-Wentworth DSB · 65 students
- Bernie Custis Secondary School Secondary School1.9 km
Public · Hamilton-Wentworth DSB · 955 students
Grade 10 literacy: 65% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L8L
- Population
- 32,312
- Private dwellings
- 14,444
- Median age
- 36.4
- Average household size
- 2.4
- Median household income
- $65,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Multi-family in Hamilton · last 12 months
- Median sold price
- $682,825
- Homes sold
- 4,992
- Median days on market
- 27
- Sale-to-list price
- 97.1%
Based on 4,992 recorded sales of multi-family properties in Hamilton over the last 12 months.
Location
Mortgage Calculator
$195,000
Estimated Monthly Payment
$4,790
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,790/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $244/mo
Estimates only. Consult a financial advisor.
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