1 MADISON Avenue
Hamilton, Ontario
4 bed • 4 bath • Multi-family
Exceptional turnkey investment opportunity in the heart of Hamilton! This legal duplex features three self-contained units, each occupying its own level for maximum privacy and easy management. The property includes three 1-bedroom units. Fully renovated throughout with modern kitchens, updated bathrooms, flooring, and finishes, offering strong tenant appeal and minimal maintenance for years to come. Solid brick exterior, separately metered hydro, and upgraded systems add lasting value and efficiency. Centrally located just minutes from Hamiltons downtown core and the future LRT line, ensuring steady rental demand and long-term appreciation. Ideal for investors seeking a clean, income-generating asset in a rapidly developing area. A true set-and-forget property in one of Hamiltons fastest-growing corridors
Price History
Property
- Lot Size
- 0.07 acres
Schools
Elementary
- Cathy Wever Elementary Public School0.3 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 School0.8 km
Catholic · Hamilton-Wentworth CDSB · 405 students
Grade 3 reading: 80% met the provincial standard · Grade 6 math: 41% met the provincial standard
- St. Ann (Hamilton) Catholic Elementary School0.9 km
Catholic · Hamilton-Wentworth CDSB · 375 students
Grade 3 reading: 73% met the provincial standard · Grade 6 math: 52% met the provincial standard
Secondary
- Cathedral High School0.7 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 School1.6 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
- $681,000
- Homes sold
- 4,999
- Median days on market
- 27
- Sale-to-list price
- 97.1%
Based on 4,999 recorded sales of multi-family properties in Hamilton over the last 12 months.
Location
Mortgage Calculator
$130,980
Estimated Monthly Payment
$3,217
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,217/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $164/mo
Estimates only. Consult a financial advisor.
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