131 PARK Row
Hamilton, Ontario
7 bed • 4 bath • Multi-family
THE ULTIMATE HOUSE HACK OR TURNKEY INVESTMENT! This exceptional property features two separate, legal homes on one lot, situated just steps from the vibrant shops and restaurants of Ottawa Street. The front residence is a spacious 2.5-story home offering 4 bedrooms, 1.5 baths, and a full basement. It has been extensively modernized with a 2026 refresh including a new kitchen with stainless appliances, updated flooring, trim, interior doors, and lighting, plus new exterior soffits, eaves, and fascia. The rear home is a 2-story dwelling with 3 bedrooms, 1.5 baths, and a finished basement featuring a secondary living room. Recent updates to the back house include a high-efficiency heat pump and AC (2023) and new main floor flooring and paint (2026). Outdoor highlights include a long 3-car driveway and a fully fenced backyard, perfect for privacy between units. Both homes are equipped with their own basements and separate gas and hydro meters, ensuring tenants pay their own utilities. Attached but competently separate. Live in one and let the other pay your mortgage, or rent both in this prime Hamilton location!
Price History
Schools
Elementary
- Queen Mary Public School0.2 km
Public · Hamilton-Wentworth DSB · 530 students
Grade 3 reading: 70% met the provincial standard · Grade 6 math: 33% met the provincial standard
- Memorial Elementary School Public School0.5 km
Public · Hamilton-Wentworth DSB · 360 students
Grade 3 reading: 52% met the provincial standard · Grade 6 math: 30% met the provincial standard
- Holy Name of Jesus Catholic Elementary School0.7 km
Catholic · Hamilton-Wentworth CDSB · 450 students
Grade 3 reading: 87% met the provincial standard · Grade 6 math: 31% met the provincial standard
Secondary
- Bernie Custis Secondary School Secondary School1.2 km
Public · Hamilton-Wentworth DSB · 955 students
Grade 10 literacy: 65% met the provincial standard
- Sir Winston Churchill Secondary School1.9 km
Public · Hamilton-Wentworth DSB · 790 students
Grade 10 literacy: 56% met the provincial standard
- Sherwood Secondary School2.1 km
Public · Hamilton-Wentworth DSB · 1255 students
Grade 10 literacy: 79% 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 L8H
- Population
- 26,187
- Private dwellings
- 11,792
- Median age
- 40
- Average household size
- 2.3
- Median household income
- $70,000
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
- $683,000
- Homes sold
- 5,007
- Median days on market
- 27
- Sale-to-list price
- 97.1%
Based on 5,007 recorded sales of multi-family properties in Hamilton over the last 12 months.
Location
Mortgage Calculator
$149,800
Estimated Monthly Payment
$3,680
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,680/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $187/mo
Estimates only. Consult a financial advisor.
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